Deutsche Börse Invests in Liquidity Management Blockchain Firm HQLAx

Deutsche Börse Group, an exchange operator and provider of transactions services, announced this Tuesday that it has made a sizeable investment in HQLAx, a provider of Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term solutions to institutional investors.

In their statement, Deutsche Börse did not reveal exactly how much money it will be pumping into HQLAx. The firm only noted that it was a “single-digit euro million amount” that will enable it to become a minority shareholder in the firm.

The investment also means that Deutsche Börse will have two of its own employees on the HQLAx board. Specifically, Philippe Seyll, who is in charge of the its 'Global Securities Financing' business, and Jens Hachmeister, who is responsible for the development of Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term initiatives.

Deutsche Boerse HQLAx - building the blockchain

The exchange operator’s investment in HQLAx is not entirely surprising as the two companies already had existing ties. In March of this year, Deutsche Börse announced that it would be partnering with HQLAx to create a securities lending solution, based on the R3 Corda blockchain.

R3 is a software firm that is developing open-source and enterprise-specific blockchain software. Deutsche Börse seems to be making good use of the technology via its partnership with HQLAx. In its statement, the firm noted that banks are already signing up to use the service and the firm is in talks with regulatory authorities to ensure that it can be operational.

It also appears that this will not be Deutsche Börse's last investment in HQLAx. Tuesday’s statement also noted that the firm “is likely to acquire further shareholdings in HQLAx around year-end.”

HQLAx is the second blockchain-based investment made by Deutsche Börse's investment arm, DB1 Ventures. In late 2017, the firm confirmed that it become a minority shareholder in New York-based Digital Asset Holdings, a blockchain software developer.