Fnality seeks repo partners as it builds out on-chain wholesale settlement

Fnality is building an institutional-grade blockchain-based payment system to provide settlement for wholesale capital markets. The most recent moves towards this saw the initiation of its Sterling Fnality Payment System (£FnPS) with Lloyds Banking Group, Banco Santander and UBS, using an Omnibus Account held in the Bank of England (BoE) real time gross settlement (RTGS) service.

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