Global asset manager Franklin Templeton has launched the “Intraday Yield” feature for its Benji Technology Platform, a proprietary blockchain-integrated stack for the trading, management, and administration of token-based investments, officials say. The Intraday Yield service is intended to provide “proportional calculation and distribution of yield, down to the second, when a tokenized security is transferred… Read More >>
FTF Reveals Winners of the 14th Annual Awards Program
Financial Technologies Forum (FTF) has revealed the winners of the 2025 FTF News Technology Innovation Awards program, and cutting-edge and mainstream achievements are the common themes among the winners. The FTF Awards program — now in its 14th year — honors providers, organizations, and individuals who made significant contributions to the profession of securities operations… Read More >>
Digital Assets Will Spur Ops & Compliance Overhauls
Securities firms participating in cryptocurrencies, tokenization, decentralized finance (DeFi) systems, and other digital asset realms will have to rely less on external regulatory guardrails and more on their own proactive efforts as the Trump administration charts a new course for the regulation of digital asset environments. The marching orders for this rapid reversal of Biden-era… Read More >>
Providers Try New Ways to Ease Collateral Management
The new tariff wars are spurring new operational challenges across global markets, a situation made more difficult by less-than-optimal collateral management operations at many firms. As firms navigate fluctuating markets and regulations, post-trade infrastructure provider the Depository Trust & Clearing Corp. (DTCC), and established providers SmartStream and Finastra are exploring new ways to optimize collateral… Read More >>
Archax Acquires Globacap Private Markets
Archax, a digital and traditional asset exchange, broker, and custodian, is extending its reach into U.S. markets with the acquisition of Globacap Private Markets Inc., a broker-dealer and alternative trading system (ATS) that will be renamed Archax Markets U.S., officials say. “The acquisition of Globacap PMI in the U.S. builds on the strong partnership we… Read More >>
DTCC Joins Tokenization Standards Group
Post-trade infrastructure provider the Depository Trust & Clearing Corp. (DTCC) has joined a non-profit organization, the ERC3643 Association, that is focused on the development of a standardized tokenization framework and will be combining its technology with the ERC3643 token standard. The ERC3643 Association was created to bring together “the expertise and resources of its members… Read More >>
BNY Invests in EquiLend & Will Use ‘1Source’
The Bank of New York Mellon Corp. has made an undisclosed minority investment in EquiLend, a technology, data, and analytics solutions provider for the securities finance industry, and BNY along with eight other financial institutions making strategic investments will advise EquiLend on further innovation and efficiency in securities finance transactions. BNY will also be among… Read More >>
Trump Team & Senate Bill End Hopes for a U.S. CBDC
A central bank digital currency (CBDC) for the U.S. will not be developed and issued by the Federal Reserve any time soon, and it may be a long time before the U.S. federal government seriously considers the viability of a CBDC. The halt is the result of an executive order about digital assets, issued by… Read More >>
Ondo Finance Previews Tokenization Platform
Ondo Finance, a maker of blockchain-based financial infrastructure offerings, unveiled a tokenization platform, dubbed Ondo Global Markets, for publicly-traded securities, and Ondo Chain, a new Layer 1 blockchain for “institutional-grade, on-chain financial markets,” officials say. The offerings to come were announced on Feb. 6 at the Ondo Summit in New York City, which also included… Read More >>
DTCC Revamps & Renames Securrency Suite as ComposerX
Officials at the Depository Trust & Clearing Corp. (DTCC) say that they are doing their part to accelerate digital asset adoption “throughout the financial ecosystem” with the release of ComposerX, formerly the Securrency product suite, intended to streamline token creation and settlement. In October 2023, the DTCC acquired the tokenization infrastructure company Securrency Inc., then… Read More >>
