TASE Announced A New Blockchain Securities Lending Platform

Home / TASE Announced A New Blockchain Securities Lending Platform

The Tel Aviv Stock Exchange (TASE) in cooperation with Intel, Accenture and The Floor has announced a blockchain platform for securities lending in a unique venture for the country. The platform will function as a one-stop-shop for all securities lending activities, permitting access to larger securities volumes within shorter timeframes, even operating in shorter-term positions. Blockchain Securities Lending (BSL) is one of the first projects of its kind in the world for now. Ittai Ben-Zeev, TASE’s CEO said: “The Tel Aviv Stock exchange is pleased to present this first of a kind project…The Blockchain technology will present a new level of safety for securities lending and will support growth for transactions based on this new platform…”

Leave a Reply

Your email address will not be published.