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Banco Santander Executes First Euro Repos on Kinexys Digital Assets

  • Banco Santander and J.P. Morgan have executed their first EUR intraday and USD term repos on the Kinexys Digital Assets platform.
  • The trades were collateralized by tokenized US Treasuries and European Govt bonds held at JPMorgan Triparty.
  • The Digital Financing application by Kinexys Digital Assets facilitates secured borrowing and lending through repos, with over $1.6 trillion processed in volume since its launch.
  • The next steps involve addressing funding mismatches and expanding the utility of the Digital Financing application.

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