Equilend has announced that Goldman Sachs has joined 1Source, the company’s securities lending platform built on distributed ledger technology. According to Techub, citing Finextra, the platform is designed to use blockchain technology to improve efficiency and transparency in the securities lending market. The update points to another case of a major financial institution participating in infrastructure tied to distributed ledger systems within traditional capital markets. The announcement itself did not disclose additional operational details beyond Goldman Sachs’ participation and the platform’s stated purpose.
Equilend said Goldman Sachs has joined 1Source, its securities lending platform built on distributed ledger technology.
According to Techub, citing Finextra, 1Source is intended to use blockchain technology to improve efficiency and transparency in the securities lending market.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
