Crypto custodian appoints former Soc Gen Securities chief as chairman and CEO
London-based digital asset and fiat custodian Koine Finance to launch in Q2 this year.
Technology
XTRD crypto trading platform taps Avelacom for IT infrastructure
Avelacom will provide market data and order routing to help XTRD aggregate liquidity across exchanges globally.
OTCXN goes live with crypto block trading platform
Blockchain firm has launched its institutional OTC block trading venue for cryptocurrencies.
Libra to support Circle’s OTC $2 billion trading operation
Libra and Circle strike new deals on back-office support and automated connectivity.
Technology
Digital Asset eases concerns over blockchain energy consumption as projects expand
Despite being lauded for its potential to revolutionise the financial ecosystem, concerns remain over the energy use of blockchain after widespread reports of its impact on the environment.
CSDs forced to defend their existence in a DLT world
Joseph Lubin describes CSDs as “conceptual construct” that can take a decentralised form, forcing Euroclear to defend their role.
HKEX confirms Digital Asset partnership for post-trade blockchain prototype
Digital Asset to provide blockchain-based platform for completion of post-trade allocations and processing for northbound trades under Stock Connect.
Think about what blockchain technology can do internally for your organisation, says Digital Asset CEO
Blythe Masters also outlines the importance of interoperability between blockchain systems as it is unlikely there will be "a single solution or one approach to DLT".
Central banks go crypto
Cryptocurrencies have come a long way since their early associations with libertarian aversion to government surveillance. Discussion, if not yet concrete application, of digital currencies has permeated banks and other financial institutions.
DTCC builds DLT settlement prototype that can process 100 million trades per day
DTCC, Accenture, Digital Asset and R3 teamed up to build a US equity clearing and settlement system prototype.