📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
JPMorgan's Onchain Intraday Repo Trades $5B in First Month
JPMorgan, HQLAx and Ownera have launched a cross-ledger intraday repurchase agreement (repo) solution, with $5 billion traded during its first month of operation.
JPMorgan, HQLAx, Ownera Debut Cross-Ledger Repo
The solution enables repo traders to exchange cash held at JPMorgan for collateral held at HQLAx intraday, the release shared with Bitcoin.com News explains. Settlement and maturity times can be specified to the minute, addressing market needs for interoperability and precise settlement of cash and securities. This aims to help participants optimize intraday liquidity.
Ownera’s routing technology orchestrates the full transaction lifecycle. It connects participants peer-to-peer using the open FinP2P protocol, facilitating execution and delivery-versus-payment (DvP) exchange of collateral and cash across separate ledger platforms with precision.
The announcement shared with our newsdesk disclosed that the initial phase is live, handling up to $1 billion in daily trading volume with expectations for growth. The solution facilitates exchanging ownership of securities on HQLAx’s platform for cash settled via JPMorgan’s Digital Financing application, utilizing blockchain deposit accounts on JPMorgan’s Kinexys ledger.
Designed for industry-wide scalability, the platform reduces fragmentation by supporting potential future extensions to multiple venues, collateral sources and digital cash instruments, including deposit tokens, stablecoins, and central bank digital money.
Ami Ben-David, Ownera CEO, called intraday repo a “compelling use case for tokenized assets.” JPMorgan’s Dan Phillips stated Ownera offers “a key utility” for institutional DLT growth. HQLAx’s Richard Glen said it transforms intraday liquidity management with “precision, speed, certainty, and control.”