Lombard Systems builds financing infrastructure and the Delivery-versus-Lock (DvL) legal and technical standard, enabling banks, broker-dealers, and transfer agents to lend against tokenized and digital securities while assets remain in borrowers’ existing securities accounts
Lombard Systems builds financing infrastructure and the Delivery-versus-Lock (DvL) legal and technical standard, enabling banks, broker-dealers, and transfer agents to lend against tokenized and digital securities while assets remain in borrowers’ existing securities accounts. Lenders receive a cryptographically signed credit receipt evidencing an enforceable security interest; collateral is transferred only as required under pre-agreed default terms.