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First Brands trade financier seeks to halt its use of some cash

(Bloomberg) -- A major trade finance partner of First Brands Group threatened its right to keep tapping cash made available to the bankrupt auto parts supplier, saying the value of some of its ...
Benzinga.com

JPMorgan Initiates First Collateral Settlement Using Digital Tokens, Blockchain

JPMorgan Chase & Co. (NYSE:JPM) has initiated its inaugural collateral settlement using blockchain technology. The bank's Tokenized Collateral Network (TCN) facilitated BlackRock Inc. (NYSE:BLK) in ...
Business Insider

Mohamed El-Erian warns of 'collateral damage' from the JPMorgan-First Republic deal, and points to 4 unintended consequences

Mohamed El-Erian said JPMorgan's takeover of First Republic could lead to "potential collateral damage". It's another case of US government institutions settling for a "second best" solution, he wrote ...
CoinDesk

First Mover Americas: JPMorgan Goes Live With First Blockchain-Based Collateral Settlement

JPMorgan has carried out its first live blockchain-based collateral settlement transaction involving BlackRock and Barclays, the U.S. banking giant said on Wednesday. JPMorgan’s Ethereum-based Onyx ...
allAfrica.com on MSN

Zim Launches World-First Programmable Collateral-to-Fiat Platform

Zimbabwe has become the birthplace of a global financial first: Ndarama, a Zimbabwean-founded fintech platform is introducing the world's first system that bridges programmable collateral from ...