Virtu, M1X Global and Tradeweb complete on-chain repo backed by digital bonds

Virtu Financial, M1X Global and Tradeweb have completed an on-chain repurchase agreement transaction backed by digital bonds from the Marshall Islands, Cointelegraph reported. The transaction was processed on the Canton Network and used the USDM1 stablecoin issued by M1X Global in cooperation with the Republic of the Marshall Islands.