BTCC
/
BTCC Square
/
Global Cryptocurrency
/
EquiLend’s DLT Platform 1Source Gains Traction with BNY Mellon and National Bank of Canada
EquiLend’s DLT Platform 1Source Gains Traction with BNY Mellon and National Bank of Canada
7
3
BTCCSquare news:
EquiLend's 1Source platform, leveraging distributed ledger technology (DLT), has onboarded The Bank of New York Mellon Corporation and National Bank of Canada to streamline securities lending workflows. The platform aims to eliminate reconciliations, reduce trade breaks, and establish a single source of truth for transactions.
Adoption is accelerating, with a global Broker Dealer poised to join imminently. The initiative reflects growing institutional confidence in DLT's ability to optimize post-trade infrastructure—a development that could indirectly benefit blockchain-native assets as traditional finance warms to the technology.
By:
