Digital asset securities (DAS) that leverage digital ledger technology (DLT), also known as blockchains, are gaining acceptance and integration into global capital markets. However, a push for interoperability across key facets of the digital asset landscape is needed before digital securities can truly take off. According to officials at DTCC, Clearstream, and Euroclear, in collaboration with Boston Consulting Group (BCG),… Read More >>
Digital Asset Securities Need Regulated Markets: Q&A
(The U.S. Securities and Exchange Commission (SEC) via its Division of Trading and Markets recently released a wide-ranging guidance covering crypto asset activities, distributed ledger technology, broker-dealer financial responsibility, transfer agents, Form ATS and Form ATS-N disclosures, clearance and settlement, and exchange-traded products. FTF News reached out to Aaron Kaplan, founder and co-CEO at Prometheum… Read More >>
Caroline Pham’s Legacy at the CFTC
Caroline D. Pham, the acting chairman for the Commodity Futures Trading Commission (CFTC) for most of 2025, stepped down from her post last month to make way for Michael Selig, who became the 16th chairman of the CFTC on Monday, Dec. 22, 2025. While Selig brings with him a rather full agenda focused on digital… Read More >>
IBM & Dfns Build Digital Assets Custody Platform
Big Blue has launched IBM Digital Asset Haven, a digital asset platform for financial institutions, governments, and corporations that need to “manage and scale their digital asset operations,” officials say. The new platform, developed in collaboration with Dfns, a digital wallet infrastructure provider that says its offering can help integrate “the full-stack infrastructure and security… Read More >>
FSB Warns Against Gaps in Digital Assets Regulation
The Financial Stability Board (FSB) is pushing jurisdictions to make their regulation of cryptocurrencies and other digital assets more consistent with the FSB’s framework and to follow new recommendations aimed at facilitating a cohesive oversight of the global crypto-asset market and preventing regulatory arbitrage. A new peer review progress report from the FSB cites “significant… Read More >>
Prometheum Capital Expands Into Correspondent Clearing
Market infrastructure provider for blockchain-based securities Prometheum has received approval for its SEC-registered special purpose broker-dealer subsidiary to offer correspondent clearing services to third-party broker-dealers. Correspondent clearing allows one broker-dealer to execute trades through another and settle those trades via a third, separate clearing broker-dealer. As a qualified custodian for institutional and retail investors, Prometheum… Read More >>
‘Lynq’ Settlement Network for Digital Assets Launches
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 >>
