Paxos and Credit Suisse launch real-time settlement service for U.S. stocks based on blockchain

According to CoinDesk, crypto startup Paxos has announced that it has partnered with Credit Suisse and Nomura's proprietary Instinet to launch the first blockchain-based real-time settlement of US stocks. The service was launched on Wednesday, allowing cash and a certain amount of US-listed securities to be traded on Ethereum.