BondbloX and TransFICC sign MOU to enhance connectivity for Digital Bonds
TransFICC and BondbloX Bond Exchange have signed an MOU to enable sell-side banks to trade digital bonds. There has been a recent spurt in the issuance of digital bonds, however it has hitherto been hard to trade them in the secondary market. BondbloX is the world’s first bond exchange built on Distributed Ledger Technology (DLT). Using TransFICC, fixed income desks of the major banks can trade on the bond exchange without needing to incur additional technology infrastructure spend.
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