Blockchain Securities Lending presented in Israel

The Tel Aviv Stock Exchange has declared the development of a blockchain-based securities lending platform that is to enable direct lending
18 May 2018   751

The Tel Aviv Stock Exchange (TASE) declares its new ‘Blockchain Securities Lending (BSL)’ project will basically rebuild the internal market by using some instruments of blockchain technology’s core facets such as direct peer-to-peer transactions, smart contracts and immutable data recording. The ‘private’ blockchain platform will be constructed on enterprise blockchain software Hyperledger Sawtooth and will use Intel as a technology partner to coify transaction data and save it private within the platform, among participants of a transaction. Accenture will head the joint-effort by processing the project, adopting it into the current systems and providing cybersecurity consulting to the further safety of the platform.

TASE specifies that the platform will support a ‘one-stop-shop’ for all ways of securities lending activities that will also be able to serve large volumes of safe transactions in faster timeframes as well as ‘operating in shorter-term positions’. The blockchain platform will also assist to decrease costs significantly for custodians and their customers. 

The Blockchain technology will present a new level of safety for securities lending and will support growth for transactions based on this new platform.
Ittai Ben-Zeev,
Chief Executive, TASE

The elaboration of the blockchain platform will first display an initial proof of concept (PoC). A wider deployment of the blockchain-based lending platform for the real-world will be promoted.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   1025

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”