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Fnality Explores Integration with DTCC Digital Launchpad
- Fnality collaborates with DTCC to potentially integrate Fnality wholesale payments system (FnPS) into DTCC's Digital Launchpad.
- This collaboration aims to enable real-time, secure settlement in tokenized collateral markets.
- Fnality's system provides the trust and finality of settlement needed for regulated institutions to operate in tokenized financial markets.
- Integration with DTCC's platform allows for on-chain Payment versus Payment (PvP) and Delivery versus Payment (DvP) settlement.
- Users can consolidate liquidity into a unified pool for enhanced intraday liquidity management.
- DTCC's Great Collateral Experiment showcased the utilization of tokenized assets as collateral with real-time funding and settlement powered by FnPS.
- Adhara and Ownera were also involved in the experiment to facilitate integration with participant banks' systems and ensure seamless asset exchange.
- Fnality's CEO Michelle Neal emphasizes the importance of central bank reserves' on-chain representation for institutional tokenized assets.
- DTCC's CTO Dan Doney highlights the value of Fnality's payment system in achieving real-time settlement and driving operational efficiency.
- Adhara's COO Peter Munnings praises the functionality of DC Commander in managing tokenized cash liquidity.
- Ownera's CEO Ami Ben David sees the collaboration as a transformative step in mobilizing collateral at a market-wide level.
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