Tradeweb, an institutional electronic trading platform, has executed an onchain transaction involving tokenized US Treasuries, with Franklin Templeton transferring a tokenized Treasury security to Virtu Financial in exchange for tokenized cash over the Canton Network.Tradeweb provided execution and price discovery, while the Canton Network synchronized settlement between the tokenized Treasury and tokenized cash. The companies said the trade settled in real time, but did not disclose its size.A Tradeweb spokesperson told Cointelegraph the deal marked the industry’s first real-time purchase and sale of a tokenized US Treasury settled against USDCx, a USDC-backed stablecoin issued on Canton. Participants included Blockdaemon, Digital…

from the and-perhaps-not-for-long dept Look, 5-4 Supreme Court decisions count just as much as 9-0 ones, and a 5-4 decision getting it right is still a win, but for a number of reasons, the 5-4 decision in Trump v. Barbara, regarding the issue of birthright citizenship is terrifying. This isn’t a complicated issue. This isn’t an issue that should even be before the Supreme Court at all. The text of the Fourteenth Amendment is crystal clear: All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the…

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