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Vanguard, BNY Mellon, Citi, State Street complete blockchain pilot for asset backed securities

by Ledger Insights

Vanguard announced it completed the first pilot for an asset backed securities (ABS) solution developed with Symbiont. Also involved were BNY Mellon, Citi, State Street and a “large ABS issuer” in the banking sector. Vanguard had almost $6.2 trillion in assets under management as of January this year.

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