(On Jan. 10, the Securities and Exchange Commission (SEC) approved the listing and trading of several spot bitcoin exchange-traded product (ETP) shares, including exchange-traded funds (ETFs). The Grayscale Bitcoin Trust (GBTC) became the first among many bitcoin-based ETP offerings to hit the market. As more cryptocurrency-based, decentralized finance (defi) instruments are launched, many are wondering… Read More >>
SS&C Buys MFA Business from Iress & Other News
Acquisition to Help SS&C’s Transfer Agent Business Iress, a trading software and services provider, is selling its managed funds administration (MFA) business to SS&C Technologies, which will use the acquisition to strengthen its position as a transfer agent in Australia, officials say. Iress is based in Melbourne, Australia. “The MFA business [from Iress] is… Read More >>