Membrane Announces First Derivatives Trade Settled on Network - Decrypt
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.