Zürcher Kantonalbank (ZKB) and Clearstream have processed their first live blockchain-based end-to-end fund transactions, using FundsDLT, a decentralised platform for fund transaction processing. ZKB is the first client to leverage the joint FundsDLT and Clearstream solution, with an end-investor placing a fund transaction request through a mobile app directly on the private blockchain. The order was captured and delivered to Vestima, Clearstream’s fund processing platform , via the blockchain.
