HSBC digitizes assets of private placements of securities in the amount of $ 20 billion

Index
    Блокчейн и  HSBC
    Blockchain and HSBC

    The UK banking giant HSBC partnered with the Digital Vault blockchain platform. As part of the collaboration, HSBC will digitize private equity securities until March 2020 in order to develop common standards and streamline processes.

    Currently, shares under the management of HSBC are valued at $ 20 billion. The company expects that by 2022 the total value of all securities private placements will be $ 7.7 trillion.

    Investors will be able to track securities of private placements in real time through the Digital Vault tools.

    See also  TokenAnalyst shuts down without explanation

    Related News

    Leave a Reply

    Your email address will not be published.

    Go up

    We use cookies to understand how you use our website and to improve your experience. This includes personalizing content and advertising. By continuing to use our site, you accept our use of cookies.