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Bank of America Joins Paxos Blockchain Stock-Settlement Network

Bank of America Joins Paxos Blockchain Stock-Settlement Network

by Matthew Leising, Bloomberg.com | May 17, 2021 | AlphaTack Intel

 The lender is the largest addition so far to the Paxos system  Potential for real-time settlement threatens DTCC’s dominance Bank of America Corp. joined the network created by Paxos Trust Co. to settle stock trades in minutes rather than days by using blockchain,...

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