A group of global financial firms tokenized a repo transaction with U.K. government bonds for the first time.
Canton advances cross-border repo to free up $300 trillion assets via tokenization
A group of global financial firms tokenized a repo transaction with U.K. government bonds for the first time.
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The MetaMask stablecoin (mUSD) was already reported to be in the works thanks to a prematurely posted governance proposal that was quickly deleted last week.
The token had a market cap of just $40 million before the purchase.
The Nasdaq-listed firm made its first ether purchase since August as the crypto correction weighs on digital asset treasuries.
The digital asset treasury bubble might have burst, as chairman Thomas Lee said, but the firm added over $1.6 billion worth of ETH during the crypto correction.