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Paxos’ Blockchain Settlement Platform Goes Live with Settling Credit Suisse and Instinet Trades

Paxos’ Blockchain Settlement Platform Goes Live with Settling Credit Suisse and Instinet Trades

New York-regulated stablecoin issuer, Paxos, launched its blockchain-based settlement platform, after announcing the service in late 2019. The new service enables settlement of US-listed equity trades between broker-dealers Swiss financial services firm Credit Suisse and Nomura Group-backed Instinet.

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