This tested the tokenisation of a private equity fund issued by Wellington, with ABN AMRO fulfilling the role of a traditional investor. The proof of concept was conducted on the Avalanche Spruce Institutional test Subnet
This first batch of projects for 2024, focusing on CBDCs, green finance, cybersecurity and steps to eliminate financial crime, builds on a further eight projects that are currently ongoing and 12 that were completed during 2023
These initial live payments, in the first phase of its DLT-based digital financial market infrastructure and regulated payments rails, were processed via an omnibus account held by 拢FnPS in the Bank of England鈥檚 RTGS system