In traditional finance (TradFi), market makers and high frequency traders act as intermediaries on exchanges. Decentralized Finance...
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Stablecoin issuer Paxos to acquire Finland’s Membrane Finance for EU access
Today stablecoin issuer Paxos said it acquired Finnish e-money institution Membrane Finance, the issuer of EURe. The deal gives Paxos a...
Tokenization: Asset managers miscalculate institutional investor preferences?
A new asset and wealth management survey by PwC appears to show differences in appetite between asset managers and the institutional...
Trump Media in talks to acquire ICE crypto firm Bakkt – report
Trump Media and Technology Group is in advanced talks to buy Bakkt, the listed crypto firm founded and controlled by New York Stock...
Goldman plans to spin out tokenization platform to be industry owned
Two years ago Goldman Sachs launched its Digital Assets Platform (GS DAP) with the issuance of a €100 million digital bond for the...
Philippines to distribute tokenized government bonds via GCash wallet, PDAX crypto exchange
The Philippines government is about to embark on the next phase of its government bond tokenization path. Last year it tokenized bonds...
EIB issues €100m digital bond to be settled with wholesale CBDC
The European Investment Bank (EIB) has issued its fifth digital bond. It’s a €100 million issuance that will be settled tomorrow using...
Schwab, Citadel-backed digital assets firm EDX reaches $36bn in crypto volumes
EDX Markets, the institutional crypto exchange, announced that it processed $36 billion in cumulative notional trades during 2024...
Cargill backed DLT agribusiness firm Covantis prepares to launch eBL
Covantis is a blockchain powered startup founded by the world’s biggest agribusiness providers. It went live in 2021 targeting post...
UK government confirms digital gilts pilot. What’s the roadmap?
The UK’s HM Treasury has confirmed plans to run a pilot for the issuance of digital gilts, UK government bonds, following leaked news...
SocGen FORGE to launch its EURCV stablecoin in XRP Ledger. Why?
Today Societe Generale-FORGE (SG-FORGE) said it plans to launch its EURCV stablecoin on the XRP Ledger (XRPL) founded by Ripple. The...
Digital SNB Bills premature says Swiss National Bank after DLT monetary policy trials
In June the Swiss National Bank (SNB) extended its wholesale central bank digital currency (wCBDC) pilot by two years. That major news...