Fnality and HQLAᵡ plan to launch blockchain intraday repo settlement system this year

Blockchain companies Fnality and HQLAᵡ announced that they have completed end-to-end testing to achieve intraday repo settlement. They plan to allow trades on the Eurex Repo F7 system to be settled through these two blockchain networks and will be put into production in the fourth quarter, subject to approval from UK regulators. Fnality is a system payment system regulated by the UK and was launched in December, while HQLAᵡ operates its digital collateral registry to achieve intraday collateral flow.