Posts Tagged “Pledge”

Australian, Canadian pension funds pledge $2 billion in NIIF

By |

Australian, Canadian pension funds pledge $2 billion in NIIF

The National Investment and Infrastructure Fund Ltd (NIIF) Tuesday said it has received commitments of about $2 billion from AustralianSuper, Australia’s largest superannuation and pension fund, and Ontario Teachers’ Pension Plan (Ontario Teachers’), one of Canada’s largest single-profession pension plans. These include commitments of $250 million each into NIIF’s master fund, and co-investment rights of…

Read more »

Spanish Stock Exchange to Go Live With Blockchain Collateral Pledge Certificates

By |

Spanish Stock Exchange to Go Live With Blockchain Collateral Pledge Certificates

Bolsa de Madrid (BME), Spain’s largest stock exchange, said it expects to go live by year-end with a blockchain-based system for certifying collateral pledges after testing the technology. The test “has shown a reduction in the total times of end-to-end processes exceeding 80 percent,” BME said Thursday, as well as the potential to radically improve…

Read more »