Membrane Announces First Derivatives Trade Settled on Network
CryptoSlate
18 Nov 2023 3:43 AM
New York, United States, November 17th, 2023, Chainwire — Membrane Labs Inc., a leading institutional-grade digital asset settlement and workflow management platform, today announced the successful completion of its first derivatives settlement with prominent trading firms QCP and Wakem Capital. The transaction seamlessly moved margin in fiat, showcasing the platform’s ability to facilitate the settlement […]...
- 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.
- The use of fiat for margin purposes demonstrated Membrane's ability to integrate with traditional banking and custody providers.
- QCP and Wakem Capital expressed their support for Membrane's settlement capabilities and its potential to accelerate the convergence of traditional finance and digital assets.
The article has a positive sentiment overall, highlighting the successful completion of Membrane Labs' first derivatives settlement and the support from QCP and Wakem Capital.
You May Ask
Who are the trading firms involved in Membrane Labs' first derivatives settlement?What does Membrane's platform offer in terms of clearing, settlement, and lending applications?How did Membrane showcase its versatility in integrating with traditional banking and custody providers?What is the significance of this transaction for the convergence of traditional finance and digital assets?Where can more information about Membrane, QCP, and Wakem Capital be found?