Historic Transaction Establishes New Digital Asset Market Infrastructure

In a landmark development for institutional cryptocurrency adoption, Solstice Labs and Cor Prime have successfully executed the first-ever institutional stablecoin-for-stablecoin repurchase agreement (repo) on a public blockchain. The transaction, announced today, represents a significant step toward establishing standardized digital asset financing markets.

Regulatory-Compliant Infrastructure

The repo was settled and serviced through Membrane Labs' post-trade credit infrastructure and executed under a Global Master Repurchase Agreement (GMRA) with a Digital Asset Annex. This framework provides the legal and operational structure necessary for institutional participation, bridging traditional finance protocols with blockchain technology.

Building the Future of Digital Finance

"This transaction demonstrates that public blockchains can support sophisticated institutional financial products while maintaining compliance with existing regulatory frameworks," said a spokesperson for the collaborating firms. The successful execution establishes a precedent for future institutional-grade digital asset transactions and could accelerate the development of deeper liquidity pools in cryptocurrency markets.

  • First institutional stablecoin repo on public blockchain
  • Executed under standardized GMRA with Digital Asset Annex
  • Settled through Membrane's post-trade credit infrastructure
  • Establishes foundation for regulated digital asset funding markets