According to EquiLend, Goldman Sachs has begun using 1Source, a distributed ledger platform built on Canton Network, joining existing users New York Mellon Bank and Canada's Royal Bank. The platform synchronizes securities lending transactions via shared ledger to reduce duplicate reconciliation, transaction record inconsistencies, and settlement failures between traditional financial institutions. New York Mellon Bank and Royal Bank of Canada began transmitting live trading data to the platform in October 2025.
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