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Bosonic launches Cross-Custodian Net Settlement Working Group with digital assets custodians

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Bosonic, a decentralised Financial Market Infrastructure (dFMI) business has launched the Bosonic Cross-Custodian Net Settlement (CCNS) Working Group with several of the industry’s leading digital asset custodians, exchanges and banks.

The industry group will be spearheaded by Bosonic and will include a worldwide network of digital asset custodians such as First Digital in Hong Kong, Tetra Trust in Canada and Vast Bank in the United States, with other custodian banks as well as major financial institutions and exchanges participating and soon to be announced. 
 
This is an industry first to include a range of institutional custodians from around the world undertaking net settlements and payments for digital assets and fiat via a layer-2 blockchain. 

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