Digital Asset has introduced Daml Finance, an addition to its smart contract platform, Daml, that will accelerate the tokenisation process. Daml Finance is a new, open-source offering within Daml that provides users with a collection of purpose-built libraries to enable rapid development of enterprise-grade tokenisation solutions. Daml Finance will provide financial institutions with the tools…
Category: Product
Anchorage Digital expands in Asia
Anchorage Digital has expanded in Asia, with institutional partners including Antalpha, Bitkub, Dream Trade, FBG Capital, GMO-Z.com Trust Company, and IOSG Ventures, which have selected its custody and bespoke offerings to safely participate in the digital asset market. U.S.-based Anchorage has a national-level bank charter which helps clients to meet or exceed national standards for…
Nexo takes stake in U.S. bank
Nexo, the UK-based regulated institution for digital assets, has acquired a stake in Hulett Bancorp (DBA Mode Eleven) and its federally chartered Summit National Bank, in a transaction that expands Nexo’s footprint in the U.S. The deal will allow Nexo to offer its U.S. retail and institutional clients services that include bank accounts, asset-backed loans,…
SDX Web3 launches institutional crypto custody service
SDX Web3, the recently launched business unit of SIX Digital Exchange, is now live with its institutional custody service for crypto assets. The service is designed for institutional clients that want to scale their crypto asset business leveraging best-in-class back-end services and capabilities. It allows institutions to safely and cost-effectively store and transfer crypto assets…
Digivault launches ExchangeConnect
Digivault, the UK-based digital asset custodian, has launched ExchangeConnect, a new service to safeguard crypto assets when trading on exchanges. The service enables clients to safely hold their assets within their Digivault FCA-registered custody account whilst trading with them on an exchange. Digivault ExchangeConnect is now available on Bitfinex, with more exchanges planned. When using…
SWIFT trials CBDC interoperability
SWIFT has conducted two separate trials to prove that central bank digital currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure, a major milestone towards enabling their smooth integration into the international financial ecosystem. SWIFT claims that the findings solve the significant challenge of interoperability in cross-border transactions by bridging between different…
Clearstream facilitates digital securities issuance
Clearstream has created a digital instrument on D7, Deutsche Börse’s digital post-trade platform. European issuers can now leverage the new infrastructure to issue digital securities. The first automated issuances were performed by LBBW and Vontobel, and facilitated by Clearstream, Deutsche Börse’s post-trade service provider. D7 is fully integrated within Clearstream’s global infrastructure and works as…
GK8 and Bitbond collaborate
GK8, the institutional-grade digital asset custody platform with DeFi, staking, NFT, and tokenisation support, has partnered with Bitbond, a tokenisation software provider, to offer clients an end-to-end token life cycle solution. The joint solution provides a one-stop shop where clients can securely issue, mint, burn, manage, store, and distribute, with an intuitive user interface. Moreover,…
MJ Hudson launches digital asset custody benchmarking service
MJ Hudson, the UK-based solutions provider to the asset management industry, has introduced a new custody benchmarking service specifically for clients investing in digital assets. The new service will benchmark the capabilities of major custodians for key themes across digital asset custody provision, including strategy and commitment, digital asset coverage, fraud prevention, private key management,…
Talos & Lukka collaborate
Talos, a provider of institutional digital asset trading technology, and Lukka, a provider of enterprise software and data products, plan to integrate their products to scale end-to-end crypto asset transactions. The integration gives Talos users access to Lukka’s crypto asset data management, valuation, and reporting solutions. Lukka and Talos have established interoperability between Talos’ end-to-end…