CBDC compatible digital market infrastructure

• Imperium Markets in partnership with Westpac and Commonwealth Bank, facilitate a pilot project utilizing a CBDC backed by the Reserve Bank of Australia (RBA) to trade and pay for real certificates of deposit—as part of RBA’s CBDC pilot program. The pilot is a world-first between mainstream regulated banks using a CBDC and market securities. 
• Using R3’s Corda as a foundational layer for CBDC compatibility, Imperium Markets successfully demonstrated the benefits of a single market infrastructure covering trade, payment, custody, and management of securities, leading to enhanced settlement processes and reduced operational risks. The pilot also showed Corda’s ability to interoperate with public chains such as Ethereum, used by RBA, and the overall potential for CBDCs to revolutionize interbank trading and settlement.