Month: May 2022

Copper.co, the UK-based provider of institutional digital asset custody and trading solutions, has been approved for membership of the Swiss Financial Services Standard Association (VQF) through Copper’s Swiss entity. Copper’s VQF membership provides assurance to its clients regarding the robustness of its compliance with the Swiss Anti Money Laundering Act. VQF is the largest and…

Bosonic, the U.S.-based decentralised Financial Market Infrastructure (dFMI) business, has launched Bosonic Enterprise Solutions, a clearing and settlement capability for digital assets that removes the dependency on bilateral credit or a central counterparty. The capability has been launched to meet the growing demand from a range of clients, including regulated financial market infrastructure organisations and…

LevelField Financial, the U.S.-based financial services firm, has selected METACO, the Swiss-based provider of digital asset custody orchestration technology, to support its digital asset offering. LevelField will use METACO’s digital asset custody and orchestration platform, Harmonize, which enables clients to securely store, trade, and settle digital assets. Established in Houston in 2018, and currently pending…

21Shares, the Swiss-based manager that claims to be the world’s largest issuer of crypto ETPs, has launched the 21Shares USD Yield ETP (USDY), which provides exposure to USD while using the collateral (USDC) to seek to generate income from the digital asset lending ecosystem via a fully collateralised ETP structure. Listed on the SIX Swiss…

Custodia Bank (formerly Avanti) co-founder Zev Shimko has been named president and chief operating officer. In this role, Shimko will lead the executive team to ensure a unified strategy across functions, align product with market demand, and oversee execution across the bank. He will continue to report directly to founder and CEO, Caitlin Long. Wyoming-based…

Accelerate Financial Technologies Inc., a Calgary-based provider of alternative investment solutions, has selected Tetra Trust Company as custodian for Accelerate’s digital assets. Initially, the Accelerate NFT Fund LP, the first Web3 investment vehicle in Canada, will deploy Tetra’s custody solution which enables clients to store and settle their digital assets within a secure environment. Accelerate…

CM-Equity has become a member of SDX’s CSD. Switzerland’s SIX Digital Exchange (SDX) is licensed by Switzerland’s financial market regulator, FINMA, to operate an exchange and a central securities depository (CSD). SDX offers issuance, listing, trading, settlement, servicing, and custody of digital securities. Munich-based CM-Equity is a fully licensed financial services institution providing asset management…

Cowen Digital, Cowen Inc.‘s digital asset division, will deploy SS&C Eze‘s institutional OEMS platform to support its clients’ digital asset trading requirements. SS&C Eze’s institutional digital asset trading platform provides broker-agnostic access to institutional liquidity across the market. It also provides market data covering 100+ tokens and 500+ pairs from more than 35 sources, enabling…

Zodia Custody, the UK-based crypto asset servicing provider for institutional investors, has established a deal with Fireblocks, the U.S.-based provider of digital asset and crypto technology, to enhance Zodia’s’s connectivity offering and give institutional investors direct access to the Fireblocks network, a global crypto capital markets gateway. The integration will allow Zodia’s institutional clients to…

Talos, the U.S.-based institutional digital asset trading technology provider, has announced four new hires: Pamela Lee as head of APAC sales, Karan Dalwani as director of customer success for APAC, Phillip Beasley-Harling as VP of engineering for EMEA, and Conor Shea as head of marketing and communications. These appointments come on the heels of the…