Search results for Invesco
Crypto
DTCC begins live securities tokenisation trading with 40 firms including JPMorgan
U.S. securities settlement group DTCC has started operating a securities tokenisation service in live markets, covering assets including Microsoft shares and U.S. Treasuries. DTCC plans a July pilot limited to about 1,000 instruments before expanding to full availability around October. The service, developed by its depository DTC, lets participants use tokenised assets for collateral transfers, repo transactions and stock trades, with settlement on either Hyperledger Besu or the Canton Network.
Crypto
Kraken supports leveraged trading using tokenised stocks, ETFs as collateral
Kraken has begun accepting certain tokenised stocks and exchange-traded funds as collateral for futures and margin trading. Eligible users outside the United States can open leveraged positions without selling their holdings. The initial list covers 10 tokenised stocks and ETFs, including Apple, Nvidia, Tesla, Strategy, the SPDR S&P 500 ETF and Invesco QQQ Trust. Haircuts and collateral limits vary by asset and may be reviewed and adjusted.
Crypto
Invesco files to launch onchain money market fund for stablecoin reserves
Invesco has submitted an amended filing to the U.S. Securities and Exchange Commission to launch the Invesco Stablecoin Reserve Onchain Fund, a money market fund designed for stablecoin reserve assets. The product is set to be added to Invesco’s existing short-term investment trust portfolio. It will invest mainly in high-quality short-term assets such as U.S. Treasuries, repurchase agreements and cash equivalents, and aims to maintain a $1 net asset value per share.
