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Goldman, BNY Mellon, others test interbank blockchain network

Goldman Sachs, BNY Mellon, Cboe Global Markets and several other firms completed a series of pilot tests on a blockchain network that connects different banks and financial institutions, in one of the largest-scale of such experiments in capital markets.

"Participants executed more than 350 simulated transactions on blockchain for tokenized assets, fund registry, digital cash, repo, securities lending and margin management."

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