T Rowe Price Associates and WisdomTree are among the financial services firms testing the Avalanche Blockchain for the execution of FX and interest rate swaps.
Cumberland and Wellington Management have also joined the “Spruce” Avalanche Evergreen Subnet. The Spruce testnet is designed to make it easy and low-risk for buy- and sell-side institutions to interact with the public Blockchain infrastructure.
They can utilize the full capabilities of Avalanche’s Subnet architecture without putting their money at risk by using worthless tokens.
Read More: T Rowe tests Avalanche blockchain Subnet
