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Rabobank, Concord blockchain consortium executes metals repo trade

In 2018 a blockchain consortium focused on funding the commodity supply chain was formed by Dutch bank Rabobank, commodities trader Concord Resources and warehousing firm PGS. In November 2019 the group executed a physical sale and repurchase (repo) trade using blockchain, the CTRM Center reported. Repos are a type of financing, in which the lender...


a year ago


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