Paxos new license positions it alongside legacy giants such as DTCC and makes it a compelling, more efficient alternative for traditional finance giants than legacy competitors. Paxos Securities Settlement Company, LLC has received full registration to provide clearing and settlement services by the U.S. SEC. The approval clears a bottleneck for Paxos’ goals for institutional tokenization of real-world assets. With blockchain as the clearing rail, PSSC can settle eligible securities on a same-d…
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