Startale Group and SBI Holdings have launched Strium, a new layer-1 blockchain aimed at supporting exchange and settlement infrastructure for institutional foreign exchange (FX) and real-world asset (RWA) trading. The platform is designed to enhance the efficiency and security of trading operations for institutional participants.
Strium seeks to provide a scalable and reliable foundation for financial markets by integrating blockchain technology into traditional trading systems. This initiative reflects ongoing efforts to modernize infrastructure in the institutional trading sector.
**Why this matters**
The introduction of Strium addresses the growing demand for blockchain-based solutions in institutional finance, particularly for FX and RWA markets. By offering a dedicated layer-1 blockchain, the platform could improve transaction speed, transparency, and settlement finality, potentially reducing operational risks and costs for market participants.
Source: NewsData