🇺🇸 JUST IN: Citadel Securities and $62.6T BNY officially complete a tokenized US Treasury repo. Citadel used the tokenized note as collateral overnight, with BNY providing cash in return. BNY says it's the first use of tokenized assets on a major triparty repo platform. The two year note was bought through BNY on Tradeweb, and its tokenized version settled within minutes instead of the standard T+1 cycle.