
BNY Settles a Tokenized Treasury in Minutes, Then Lends Against It
Citadel Securities bought a two-year note through BNY on Tradeweb. BNY recorded it on a private ledger, settled in minutes and took it back as repo collateral.
Dubai · December 1-2 · 15,000+ attendees from 130 countries
The freshest stories from the crypto world

Citadel Securities bought a two-year note through BNY on Tradeweb. BNY recorded it on a private ledger, settled in minutes and took it back as repo collateral.

Headline CPI came in at 3.7% and core at 2.6%, both a tenth above consensus. Bitcoin fell about $1,000 within minutes and lost $82,000 by the equity open.
VARA licensed the bank's first wealth-client crypto service. Professional Investor clients in the UAE trade BTC and ETH in-account, with custody kept in-house.

Mr Justice Turner ruled on Monday that Chinese law decides whether fraud victims own any of the 61,000 bitcoin. The judgment does not settle who keeps them.
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