Wyoming Bank Joins Collateral Network for Regulated Swap Facility
1 report, 1 independent
Updated Oct 15
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What happened
A fully reserved, Wyoming-chartered U.S. bank joined the Collateralizer network as a custodian for U.S. Dollar deposits. This integration allows institutions to pledge USD held at the bank as collateral for 24/7 transactions on a CFTC-regulated swap execution facility. The facility handles institutional digital-asset and crypto derivatives trading on a single global order book.
From prnewswire.com
Why it matters
The arrangement provides institutions with real-time 24/7 active collateral management. This infrastructure addresses a growing demand for dollar mechanisms necessary to secure expanding 24/7 financial markets.
From prnewswire.com
Who's involved
- WyomingThe state where the U.S. bank is chartered
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The entities involved
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Wyoming
city in Minnesota, United States
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