As real-time, on-chain finance moves from vision to reality, it’s partnerships like these that define the future of financial infrastructure. At R3, we firmly believe that the convergence of TradFi and DeFi is about unlocking new liquidity, distribution channels, and market access by combining regulated, permissioned infrastructure with the openness and efficiency of public blockchains. This collaboration reflects that direction and highlights the growing maturity of platforms now ready to support real-world, compliant financial activity on-chain. We’re pleased to see other industry leaders accelerating this transition and reinforcing a shared commitment to future-proofing financial markets through open collaboration and robust infrastructure. The momentum is building — and the ecosystem is stronger for it. Congratulations to the whole team at @Bullish.