Uber completes first onchain liquidity and settlement pilot on Canton with HSBC and partners

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Promote with Leviathan NewsUber carried out the pilot with HSBC, Franklin Templeton, Tradeweb and Fireblocks, liquidating part of its holdings on a weekend while earning yield until disbursement. According to the post, Uber captured about 1.5 extra days of yield. HSBC is opening the service to more clients. Canton is described as a public network, and the full story is reported by Bloomberg. The pilot marks the first use of onchain liquidity and settlement of this kind on Canton by Uber, per the announcement.
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Uber joins HSBC, Franklin Templeton in blockchain investing test
BREAKING: 🇺🇸 Uber joins HSBC and Franklin Templeton to test blockchain technology for investing corporate funds. TRILLIONS ARE COMING. The next BULL RUN will be WILD! 🚀
BREAKING: 🇺🇸 Uber joins HSBC and Franklin Templeton in testing blockchain technology to invest its corporate funds. TRILLIONS are moving toward crypto! 🚀
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