Wholesale Financial Transactions

Definition ∞ Wholesale Financial Transactions refer to large-scale financial dealings conducted between financial institutions, corporations, or governments, rather than with individual consumers. These transactions typically involve substantial sums and often occur in interbank markets, capital markets, or through specialized payment systems. They are crucial for the functioning of the global financial system.
Context ∞ The potential for blockchain technology and digital currencies to enhance the efficiency of Wholesale Financial Transactions is a significant area of innovation. A key discussion involves how central bank digital currencies (CBDCs) or tokenized assets could streamline interbank settlements and cross-border payments. Future developments will likely see increased exploration and implementation of distributed ledger technology for these high-value financial movements.