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Deployments · platform by EquiLend

EquiLend 1Source securities lending ledgerUpdated 18 Oct 2026

A shared ledger for securities lending contracts. Lender and borrower see the same record of each loan, and later changes such as rate resets are kept in step for both. Built on Digital Asset's Daml and Canton. After a 2023 pilot and a slipped 2024 target, BNY and National Bank of Canada started live trading in October 2025; EquiLend later named Goldman Sachs as the third launch partner, with all three onboarding their US books, and plans to extend coverage across North America (DTC- and CDS-eligible securities).

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (limited) since 15 Oct 2025[1] — Two named live counterparties at launch and Goldman Sachs onboarding; no volumes published and no 2026 update found. · Reviewed 13d ago

Assets
Undisclosed[1]
Securities lending contract records; the securities themselves are not tokenised
Networks
EquiLend 1Source ledger Private, permissioned[2]
Canton Network Public, permissioned[3][5]
EquiLend says 1Source is built on the Canton Network; it joined Canton in May 2023
Use cases
Securities lending[1]
Jurisdictions
United States, Canada

Participants

Metrics

  • 2 firmsLive counterparties · as of Oct 2025[1]

Timeline

  1. Happened 30 Oct 2025 · Participant joined · recorded 18 Oct 2026
    EquiLend names Goldman Sachs alongside BNY and National Bank of Canada as launch partners onboarding their US books, with volumes to ramp up into year-end.[3]
  2. Happened 15 Oct 2025 · Launch · recorded 11 Oct 2026
    BNY and National Bank of Canada execute the first live trades.[1]
  3. Happened 14 Sep 2023 · Announcement · recorded 18 Oct 2026
    The 1Source pilot starts, with several large agent lenders and broker-dealers integrating; market-wide go-live was then planned for 2024.[4]
  4. Happened 9 May 2023 · Announcement · recorded 18 Oct 2026
    EquiLend says 1Source is joining Digital Asset's Canton Network and being built on the Canton ledger.[5]
  5. Happened 3 Mar 2023 · Announcement · recorded 11 Oct 2026
    EquiLend picks Digital Asset's Daml and Canton to underpin 1Source after a proof of concept ended in December 2022.[2]

Sources

  1. [1]EquiLend's 1Source Goes Live With BNY and National Bank of Canada. Additional Counterparties to Follow — EquiLend (via PR Newswire / AAP), 15 Oct 2025. Accessed 11 Oct 2026.B
  2. [2]EquiLend Selects Digital Asset as DLT for Securities Finance Market Initiative — Crowdfund Insider, 3 Mar 2023. Accessed 11 Oct 2026.C
  3. [3]The Next Chapter in Securities Finance: Equilend 1Source at Launch and Beyond — EquiLend, 30 Oct 2025. Accessed 18 Oct 2026.B
  4. [4]DLT-Based Equilend 1Source Pilot Kicks Off With Broad Industry Participation — EquiLend, 14 Sep 2023. Accessed 18 Oct 2026.B
  5. [5]Equilend 1Source Joins Digital Asset's Canton 'Network of Networks' — EquiLend, 9 May 2023. Accessed 18 Oct 2026.B

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