X Pulls InfoFi API Access; KAITO Drops Over 15% — LSE Group Unveils 24/7 Blockchain (distributed ledger technology) Settlement

US crypto-related stocks closed lower, with BMNR down 5.48%, as London Stock Exchange Group launched a blockchain (distributed ledger technology)-based 24/7 settlement platform for tokenized bank deposits (deposits issued as tokens).

KAITO

59d ago

Summary

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Terms & Concepts

Blockchain: A distributed ledger technology that records transactions across a network of computers for transparency and security.
Tokenized bank deposits: Traditional bank deposits represented as digital tokens on a blockchain to enable faster, programmable settlement.