Membrane Announces First Derivatives Trade Settled on Network - Decrypt

Decrypt
Decrypt

17 Nov 2023 8:55 PM

The transaction seamlessly moved margin in fiat, showcasing the platform's ability to facilitate the settlement process for derivatives transactions through a versatile, custody-agnostic API and blockchain interface....

  • Membrane Labs Inc. has successfully completed its first derivatives settlement with trading firms QCP and Wakem Capital.
  • The transaction showcased Membrane's ability to facilitate the settlement process for derivatives transactions through its versatile API and blockchain interface.
  • Membrane's settlement network allows for handling various collateral arrangements and currencies, including fiat for margin purposes.
  • QCP Capital and Wakem Capital expressed their support for Membrane's platform and its potential to accelerate the convergence of traditional finance and digital assets.
  • Membrane is a technology platform offering clearing, settlement, and lending applications integrated with a custody-agnostic settlement network.

The article has a positive sentiment overall, highlighting the successful completion of Membrane Labs Inc.'s derivatives settlement and the support from QCP Capital and Wakem Capital.

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Who are the trading firms involved in Membrane Labs Inc.'s first derivatives settlement?What does Membrane's settlement network allow for?What is the mission of Membrane Labs Inc.?What are the potential benefits of Membrane's platform for the convergence of traditional finance and digital assets?What types of applications does Membrane offer on its technology platform?

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