DTCC, Clearstream, and Euroclear in conjunction with Boston Consulting Group (BCG) are launching “a comprehensive risk and control framework” for the digital assets industry, including tokenized assets, and the trio asserts the timing is right for such a blueprint. The blueprint, dubbed the Digital Asset Security Control Principles (DASCP) framework, is detailed in a white… Read More >>
FlexTrade Offers Direct Link to Coinbase Prime
FlexTrade Systems, a maker of multi-asset execution and order management systems, is now able to offer a direct integration with Coinbase Prime, an institutional prime broker platform for digital and crypto assets, officials say. Coinbase Prime offers its institutional prime brokerage for crypto assets whose integrated platform supports the entire transaction lifecycle, officials say. Coinbase… Read More >>
FinTech Brief: Tokenbridge Offers Tokens for KYC
A tokenization platform provider, Tokenbridge will be using blockchain technology to improve know your customer (KYC) and identification processes for a financial services data business known as the Tracing Group (TTG), officials say. The “hyper-personalized tokens create infallible, verifiable and re-usable records of personal details,” according to Tokenbridge, based in Gamlingay, Sandy, in the United… Read More >>
DTCC Embraces Digital Asset Ops via Securrency Acquisition
Post-trade infrastructure provider DTCC is acquiring a tokenization infrastructure company Securrency Inc., led by CEO Nadine Chakar, creating a bridge to the “acceptance and adoption of digital assets” in securities operations, DTCC officials say. After the acquisition is finalized, Securrency, whose offerings include its Capital Markets Platform, Compliance Aware Token Framework, and Digital Asset Composer,… Read More >>
Is Tokenized Gold the New Collateral?
(Anoushka Rayner, head of growth — commodities, at Paxos, maker of a regulated blockchain and tokenization infrastructure platform, wants financial services firms to think about how their dormant assets like gold could become collateral alternatives to the U.S. dollar. Paxos officials say that their system, which offers “multilateral payment netting and simultaneous settlement for the… Read More >>
Asset Tokenization Could Reinvent Post-Trade Ops: Report
Asset tokenization holds a lot of promise for traditional capital markets, particularly via the underlying blockchain technology. But getting to the new benefits could mean a gradual replacement of some incumbent post-trade platforms, systems, and services. That’s what David Easthope tells FTF News. Easthope is a senior analyst covering market structure and technology for the… Read More >>
SWIFT Enlists SETL for Digital Asset Ops Pilot
The SWIFT financial messaging and services cooperative is exploring how it might facilitate interoperability among the distributed ledgers used to underpin the tokenized asset market, and London-based blockchain upstart vendor SETL has joined the effort. “SWIFT plans a series of experiments in Q1 2022 leveraging its trusted role as a central platform to explore the… Read More >>
