The Intercontinental Exchange (ICE), owner of the New York Stock Exchange (NYSE), is collaborating with blockchain solutions provider Chainlink to incorporate foreign exchange (FX) and precious metals rates from the ICE Consolidated Feed into the Chainlink Data Streams data set, according to officials. The ICE Consolidated Feed offers “content from over 300 global exchanges and… Read More >>
Major Players Achieve On-Chain Financing of U.S. Treasuries
The blockchain pioneer Digital Asset and a consortium of financial services firms and providers report that they have facilitated in real time an on-chain financing of U.S. Treasuries (UST) against the USDC stablecoin, achieving a first for the securities industry. The stablecoin USDC is a cryptocurrency whose value is linked to the U.S. dollar; it… Read More >>
SS&C Acquires Calastone to Revamp Global Funds Ops
SS&C Technologies, a post-trade securities operations services and systems provider, is acquiring Calastone, a global funds network and financial technology solutions provider, from the Carlyle Group for $1.03 billion (£766 million) in an effort to build “a more connected, automated, and intelligent global fund ecosystem,” say SS&C officials. Calastone’s network and technology solutions are expected… Read More >>
Delta Capita Embraces Blockchain-Based OTC Ops
Delta Capita, a provider of consulting, managed services, and technology solutions for capital markets, has launched Elaris OTC, a solution intended to streamline and modernize post-trade processes for over-the-counter (OTC) derivatives, officials say. The Elaris OTC technology platform uses the Fragmos Chain blockchain for derivatives and facilitates the “automated matching of OTC derivatives trades and… Read More >>
‘Crypto Week’ Marks the Arrival of Digital Assets
The powers that be in the federal government are facilitating digital asset and crypto projects, tokenization efforts, and cryptocurrency legislation and regulation, and have even declared that the week of July 14 as “Crypto Week.” Yet SEC Commissioner Hester M. Peirce, who generally favors innovation for digital assets, has made a regulatory declaration that will… Read More >>
Standard Chartered Launches Spot Trading for Bitcoin & Ether
Standard Chartered has launched an integrated digital assets trading service for institutional clients that includes spot trading for Bitcoin (XBT/USD) and Ether (XET/USD) through its U.K. branch and will be introducing non-deliverable forwards (NDFs) trading, officials say. Officials at the bank say this move makes Standard Chartered “the first global systemically important bank to offer… Read More >>
Raymond James Ltd. to Hasten Digital Transformation via FNZ
Raymond James Ltd., the Canadian subsidiary of the North American investment firm Raymond James Financial, is investing in and collaborating with FNZ, a wealth management platform provider, to deliver a wealth management system intended to strengthen Raymond James Ltd.’s value proposition, officials say. The strategic investment in FNZ is intended to strengthen Raymond James Ltd.’s… Read More >>
Time to Embrace Tokenized Bank Liabilities?
A new report backed by regulators and financial services industry groups aims to set the stage for using tokenized bank liabilities and shared ledgers in cross-border payments and foreign exchange (FX) settlement. The initiative falls under Project Guardian, a global effort led by the Monetary Authority of Singapore (MAS) to enhance liquidity and efficiency in… Read More >>
‘Your Bourse’ Expands Liquidity via BlockFills Link
BlockFills, a digital assets market infrastructure provider, has been integrated with brokerage technology provider Your Bourse, which will expand BlockFills’ network of liquidity providers while at the same time allowing BlockFills to serve as a liquidity provider to brokers using the Your Bourse platform, officials say. The Your Bourse trading and pricing infrastructure supports cryptocurrencies,… Read More >>
Partior Links to OSTTRA’s FX PvP Settlement Service
Partior, a provider of DLT-based wholesale settlement for tokenized instruments, has a new link to the on-demand FX payment-versus-payment (PvP) settlement service from OSTTRA and Baton Systems, officials say. The new integration between Baton’s and Partior’s DLT-based systems “expands participants’ options for settling FX transactions with PvP protection to include using tokenized commercial bank facilities…. Read More >>
