Investment Giant Vanguard Completes First Phase Of Asset-Backed Securities Blockchain Pilot

Blockchain, Innovation, News | June 12, 2020 By:

Investment giant Vanguard, in partnership with blockchain firm Symbiont, has successfully completed the first phase of a blockchain pilot designed to digitize the issuance of asset-backed securities (ABS).

During the pilot, Vanguard and Symbiont, which have been leveraging blockchain technology to improve capital markets since December 2017,