PANews reported on December 8 that according to ledgerinsights, ten institutions have completed a simulation trial of the Regulated Settlement Network (RSN) to explore the use of a shared DLT network to settle tokenized transactions. This is an extension of the previous trial of the Regulated Liability Network conducted last year, which included tokenized commercial bank currency and tokenized central bank currency on the same network. This time, tokenized government bonds and investment-grade bonds are also on a shared ledger, enabling delivery and payment of wholesale transactions. The trial also explored interoperability with external DLT networks. SIFMA served as coordinator for participating institutions, including Citibank, JPMorgan Chase, Mastercard, Swift, TD Bank North America, U.S. Bank, USDF, Wells Fargo, Visa and Zions Bancorp, led by SIFMA.