CNBC Television published this video item, entitled “Paxos completes T+0 Settlement for Credit Suisse and Instinet Nomura” – below is their description.
Chad Cascarilla, Paxos co-founder and CEO, joins ‘Squawk Alley’ to discuss how the company uses blockchain to complete T+0 settlements which allows brokerages to have less money sitting in clearing houses, an issue that came up during GameStop frenzy at the end of January 2021.CNBC Television YouTube Channel
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About This Source - CNBC Television
CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.
As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.
In This Story: Chad
Chad, officially known as the Republic of Chad, is a landlocked country in north-central Africa. It is bordered by Libya to the north, Sudan to the east, the Central African Republic to the south, Cameroon to the south-west, Nigeria to the southwest (at Lake Chad), and Niger to the west.
The capital N’Djamena is the largest city. Chad’s official languages are Arabic and French. Chad is home to over 200 different ethnic and linguistic groups. Islam (51.8%) and Christianity (44.1%) are the main religions practiced in Chad.
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In This Story: Paxos
Paxos is a regulated blockchain infrastructure platform, building a new, open financial system. Paxos clients include global enterprises PayPal, Credit Suisse, Societe Generale, StoneX and Revolut.
Paxos is a top-funded blockchain company with more than $500 million in total funding from leading investors like OakHC/FT, Declaration Partners, Mithril Capital and PayPal Ventures.
Paxos has offices in New York, London and Singapore.
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