HQLAX, a leading provider of digital collateral mobility solutions, today announced that it has secured strategic minority investments from global Fintech leader, Broadridge Financial Solutions, Inc., (NYSE: BR), and Digital Asset in its Series C‑1 funding round. The investment will support HQLAX’s next phase of growth, including the continued evolution of its technology platform, collaboration with Broadridge’s Distributed Ledger Repo (DLR) platform, and a planned migration to the Canton Network. Together, these initiatives will leverage complementary capabilities to support regulated market use cases across the global securities finance and repo industry. “This strategic investment marks a key milestone for HQLAX as we continue to build critical market infrastructure for collateral mobility,” said Guido Stroemer, CEO of HQLAX. “The backing from Broadridge and Digital Asset reflects growing industry momentum behind interoperable, privacy‑preserving blockchain solutions, with the Canton Network enabling connectivity across regulated capital markets.” “We are pleased to support HQLAX in its next phase of growth as demand increases for scalable, interoperable digital infrastructure across global financial markets,” said Horacio Barakat, Global Head of Digital Innovation at Broadridge. “HQLAX has built a compelling solution that addresses critical inefficiencies in collateral mobility, and we see significant opportunity in combining its innovation with Broadridge’s deep expertise in market infrastructure and market-leading distributed ledger-enabled solutions. This investment reflects our commitment to accelerating the adoption of digital assets and collateral mobility to improve efficiency, resiliency, and capital optimization across the securities finance ecosystem.” “Collateral mobility is a core requirement for modern market infrastructure, and HQLAX has demonstrated how to deliver it in a way that meets the needs of regulated institutions,” said Kelly Mathieson, Chief Business Development Officer at Digital Asset. “We’re excited to deepen our relationship with HQLAX as it enters its next chapter and to support its work alongside the Canton ecosystem to enable more connected, efficient, and scalable collateral and financing workflows across global markets.” As part of the transaction, representatives from Broadridge and Digital Asset will join the HQLAX Board. The planned Board appointments and the migration to the Canton Network are subject to regulatory approval from the Commission de Surveillance du Secteur Financier (CSSF). The strategic investment builds on HQLAX’s broader ecosystem of partnerships across banks, market infrastructure providers, and technology firms, as the company continues to expand adoption of digital collateral mobility solutions across the broader securities finance ecosystem.

* J.P. Morgan successfully executed the first live transaction, mobilizing collateral for Dutch pension fund investor PGGM using Distributed Ledger Technology (DLT).  * The solution is a collaboration with HQLAX and Clearstream.  * Clients can instantly access and utilize securities to fulfill margin requirements regardless of their physical location.  Eurex Clearing, one of the leading clearing houses globally and part of Deutsche Börse Group, has launched its innovative DLT-facilitated collateral mobilization service. In a landmark first transaction, J.P. Morgan mobilized securities collateral for its client, Dutch pension fund investor PGGM, from another custody location to Clearstream Banking S.A. for use as margin collateral at Eurex Clearing. The underlying technology is provided by HQLAX, a leading provider of DLT solutions for collateral management.  Streamlined collateral management for today's dynamic markets  This innovative solution has the potential to significantly enhance collateral mobility, enabling clients to efficiently manage collateral needs in today's dynamic markets. Based on HQLAX’s digital ledger, the service provides instant access to security collateral assets via custodians and Central Securities Depositories (CSDs). The collateral is then moved to Clearstream and deposited with Eurex Clearing as margin collateral, streamlining the entire process.  This service, which received regulatory non-objection from BaFin, represents a key milestone in Eurex Clearing’s collateral management strategy and its broader ambitions in digital services. As a trusted financial market infrastructure, Eurex Clearing is proactively preparing for the digital transformation of the financial industry.  A new era of efficiency and flexibility in collateral management  The partnership with HQLAX and Clearstream exemplifies how collaboration and Distributed Ledger Technology can drive meaningful progress in modernizing financial market infrastructure.  Danny Hand, Prime Financial Services Product Development at J.P. Morgan: “J.P. Morgan’s participation as the clearing member in the world's first live DLT-based collateral transaction for cleared derivatives initial margin demonstrates our commitment to innovation and our belief in the transformative power of DLT for collateral management across the industry. This solution has the potential to bring significant benefits to our clients, J.P. Morgan, and the market as it continues to evolve.”   Anja Kleefsman, Head of Treasury & Liquidity Management at PGGM: “PGGM is delighted to be part of this first live DLT-based collateral mobilization transaction initiated to meet our margin obligations at Eurex Clearing. Optimizing our collateral management is a key priority and an element that plays an important role here is the ease of moving collateral. Instant access to and mobilization of collateral assets provided by this DLT-based technology is a major step forward and we welcome this innovation. We’re looking forward to the industry’s further adoption of this solution and leveraging its benefits.” 

The investment will support HQLAX’s next phase of growth, including a planned migration to the Canton Network.

Jp Morganand hobbyx and Ownera He announced the launch of their cross solution with Ribo. Ribo traders are now able to exchange money in JP Mortan and Gunateal in HQLAx Inside the day, with the settings and maturity specified in the minute. Although digital solutions have recently gained prominence in the market, there is a need for overlapping operation and the settlement of money and accurate securities. The leading guidance technology allowed the Ownera JP MORGAN and HQLA marketxTo organize the full life cycle of ribo transactions, from implementation to the exchange of delivery (DVP) for guarantee and cash via the professor's notebook platforms with an accurate settlement, which can help participants in re -Ribo to improve their liquidity within the day.

Reported Tuesday, Apr 21 - 6:12am EDT (TheFly subscription required to read more.)

JPMorgan, HQLAx and Ownera have launched a cross-ledger intraday repurchase agreement (repo) solution, with $5 billion traded so far.

HQLAX secures funding from Broadridge and Digital Asset to further its digital collateral mobility solutions, marking a pivotal growth moment.

HQLAx secured strategic minority investments from Broadridge (NYSE: BR) and Digital Asset in a Series C–1 round to support platform evolution, collaboration with Broadridge's Distributed Ledger Repo (DLR) and a planned migration to the Canton Network. Board seats for both investors are planned, subject to CSSF regulatory approval.Initiatives target regulated market use cases across global securities finance, aiming to increase interoperability and privacy-preserving blockchain collateral mobility.

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 […]

<p>Eurex Clearing now accepts DLT-based collateral for margin requirements. The initiative uses the HQLAX platform to enable faster collateral transfers. [&hellip;]</p>

JPモルガンがKinexysブロックチェーンを活用したオンチェーン日中レポ取引サービスを開始した。HQLAx、Owneraと協力し、すでに日次最大1470億円の取引量を実現している。