Post #72

Today we’re one step closer to modernizing the financial system. The Paxos Settlement Service is now settling US-listed equities trades for Credit Suisse and Instinet. This is the first time blockchain-enabled settlement is being used in a live environment for US securities. Additionally, we’ll submit an application for clearing agency registration with the SEC in 2020 so that we can offer the Paxos Settlement Service to all street-side broker-dealers and expand the product further. https://www.forbes.com/sites/benjessel/2020/02/20/credit-suisse-and-instinet-go-live-with-paxos-settlement-service/#29a0b48164f3