A real-time, yield-bearing settlement network, dubbed Lynq, has launched with the backing of Arca Labs, Tassat Group, and tZERO Group. It is supported by a tokenized treasury fund and custodied via a special-purpose broker-dealer. “This announcement comes after more than a year of market engagement, platform development, and the creation of the Arca Institutional U.S…. 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 >>
CQG to Stream Crypto Pricing via BlockFills
The platform from trading solutions provider CQG will be able during the second quarter of this year to stream pricing information about bitcoin (BTC) contract for difference (CFD) products from BlockFills, a digital asset trading and market technology provider, according to a new partnership between the two companies. BlockFills offers spot and derivatives trading across… Read More >>
Time to Integrate Digital Asset Securities?
(Jacek Bugaj, the new head of product at Prometheum Inc., is on a mission to integrate the emerging benefits of digital asset securities within traditional market infrastructure. Bugaj will oversee the development, launch, and maintenance of Prometheum’s suite of products, which are delivered via SEC-registered and FINRA-member entities Prometheum ATS and Prometheum Capital. His mission… Read More >>
State Street & Taurus to Build Digital Custody Services
State Street Corp. is bolstering its digital asset solutions business via an agreement with Taurus SA, a digital asset infrastructure provider, in response to institutional interest in digital assets that’s “at an all-time high,” according to the Boston-based custodian bank. The collaboration will add tokenization and digital custody services support to the custodian’s currently available… Read More >>
ProCap Readies Custody for 3 Digital Asset Securities
With the addition of Uniswap (UNI) and Arbitrum (ARB) to its custodial platform, Prometheum Ember Capital will offer custodian support for three digital asset securities, as the firm previously announced custody services for Ethereum’s ether (ETH) token. Prometheum Capital officials say the firm intends to fully launch its custodial services to institutional investors later this… Read More >>
Prometheum Dives Into Digital Asset Securities Custody
(Prometheum Inc. will launch a digital asset securities custody platform during the first quarter of next year, according to officials at the firm. This follows recent approval by the Financial Industry Regulatory Authority (FINRA), the self-regulatory organization (SRO) for U.S. broker-dealers, to allow the firm to operate a special purpose broker-dealer (SPBD) that will offer custody for… Read More >>
