- Four international CSDs develop a Blockchain prototype in cooperation with Deutsche Börse
- Targeted "LA Ledger" solution to provide fast and efficient mobilisation of collateral
Four members of the "Liquidity Alliance" (LA), an international group of central securities depositories (CSDs), are cooperating with Deutsche Börse to launch an initiative leveraging blockchain technology to ease cross-border mobilisation of security collateral. With the planned solution, The Canadian Depository for Securities Limited (CDS), Clearstream (Luxembourg), Strate (South Africa) and VPS (Norway) want to overcome existing hurdles when moving collateral across various jurisdictions, making the transfer faster and more efficient.
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