HQLAX announced it has added J.P. Morgan as a strategic investor in its Series B funding round, joining existing investors BNY Mellon, Goldman Sachs, BNP Paribas Securities Services, Citigroup, and Deutsche Börse Group. J.P. Morgan has already connected to the HQLAX platform as Triparty Agent, and J.P. Morgan will also connect its Agency Securities Lending business in 2021.
Company announcement: JPMorgan invests in HQLAx https://t.co/uzJLmHvOpa #fintech
— Finextra (@Finextra) June 22, 2021
HQLAX’s core clients are financial institutions active in securities lending and collateral management. The HQLAX platform enables market participants to transfer ownership of securities seamlessly across disparate collateral pools at precise moments in time. This allows participants to optimize their liquidity management and collateral management activities, thereby generating operational efficiency gains and capital cost savings.
Guido Stroemer, Chairman and CEO of HQLAX, said, “J.P. Morgan’s strategic investment in our company and its commitment to connect to our platform speak volumes towards validating our shared vision to accelerate collateral mobility across the global securities finance ecosystem.”
“We’re happy to support HQLAX as they continue to grow the collateral management blockchain ecosystem,” said Ben Challice, Head of Trading Services, J.P. Morgan
Source: J.P. Morgan
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
It's been a month since we had our Women In Finance Awards in New York City at the Plaza! Take a look back tab some moments, and nominate for our upcoming awards in Mexico City and Singapore here: https://www.marketsmedia.com/category/events/
4
Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:
SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:
COO of the Year Award winner! 🏆
Discover how Jennifer Kaiser of Marex earned the 2025 Women in Finance COO of the Year recognition.
Related articles
-
The two firms aim to deliver investment solutions across retail, private banking & institutions.
-
Indosuez Corporate Advisory brings together more than 80 specialists.
-
The launch helps advance BNY’s ambitions to support onchain cash for institutions.
-
They are laying the foundation for regulated, interoperable digital money that moves across markets.
-
Interest is growing in new forms of digital money based on tokens transacted on public blockchains.