Greg Schvey, CEO of portfolio company Axoni was on Bloomberg TV speaking about how blockchain technology can be applied to the equity swaps market, particularly around settling trades. Check it out!
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Why Blockchain Is Important to the Equity Swaps Market
If everyone is trying to process [the trades] independently, by the time you reach the end of that month and you try to understand who owes what to whom it leaves a lot of room for disagreement based on the underlying complexities. What a blockchain does is it has a synchronization first network.
