
BNY, Citadel Securities test tokenized U.S. Treasuries to speed up Wall.
The transaction shows how blockchain-based government bonds could help trading firms move collateral faster between settlement and financing. BNY, the world’s largest custody bank, and trading giant Citadel Securities said Tuesday they had completed a transaction using tokenized U.S. Treasuries, showing how blockchain technology could help Wall Street move assets between trading and financing more quickly. The transfer focused on collateral, a key part of financial markets. Banks and trading.






