Following its decision to develop its digital asset servicing business with Taurus, CACEIS has created a Digital Assets Factory, which brings together all business lines – custody, investment management services, 3D (digital, data, dissemination), and support functions, product development, compliance, legal and public affairs. A first MVP (minimum viable product) for custody is currently being…
Category: Digital Assets
BP2S selects Fireblocks & METACO to develop digital asset custody capabilities
BNP Paribas Securities Services has selected two fintechs – Fireblocks and METACO – to develop its digital asset custody offering and help clients issue, transfer and safekeep regulated digital assets. BP2S has selected Fireblocks as its hot wallet, tokenisation, and connectivity infrastructure layer. As a first step, BP2S will use Fireblocks’ solution in its ongoing…
Cowen Digital hires director of institutional sales
Jackie Rose has joined Cowen Digital as director, institutional sales. working with the PolySign and MG Stover teams to offer the full suite of execution, custody, fund administration and prime brokerage services, including research and cap intro. Rose was previously head of institutional business development at Blockchain.com. Launched in March 2022, Cowen Digital is the…
Digivault to support blackfridge’s poundtoken
Digivault, the UK-regulated digital asset custodian, has entered into a partnership with poundtoken.io, the first UK-regulated stablecoin that is 100pct backed by GBP. The recently launched stablecoin, poundtoken, is known by the ticker “GBPT”, and is issued by blackfridge, the Isle of Man-based fintech company. KPMG has been appointed as its auditors, whose monthly proof…
Hex Trust opens in Italy
Hex Trust, an Asia-based custodian of digital assets, has expanded to Europe by opening its first European office in Milan, Italy. The establishment of the first office in the EU is part of Hex Trust’s expansion strategy in Europe, in anticipation of the forthcoming implementation of the Markets in Cryptoassets (MiCA) regulation that is expected…
BNP Paribas tokenises EDF bond
BNP Paribas has structured, tokenised and distributed a bond, the proceeds of which aim at refinancing a solar energy project sponsored by EDF through its subsidiary, EDF ENR. This native digital asset, issued on the public blockchain, represents the first renewable energy bond tokenisation in the project financing market. For this transaction, the BNP Paribas…
SDX partners with F10 & Aequitec to tokenise equities
Switzerland’s SIX Digital Exchange (SDX), the digital asset exchange and central securities depository (CSD), in partnership with F10, a fintech, and Aequitec, a digital share register and cap table company, have completed the first tokenisation of equity shares in a fully regulated CSD based on distributed ledger technology. F10 will issue its shares with the…
Sudrania rebrands
Sudrania Fund Services, the U.S.-based administrator, has rebranded as Formidium.
SDX partners with Fireblocks
SDX Web3 Services, SIX Digital Exchange’s Web3 unit, has formed a partnership with Fireblocks, the digital asset and crypto technology platform, to provide financial institutions and institutional investors with a set of infrastructure services for the distributed economy. Initially, this partnership will focus on delivering an institutional custody solution for digital assets, providing a transition…
SG-FORGE partners with METACO
Société Générale – FORGE (SG – FORGE), a subsidiary of Société Générale, which provides issuers and investors with end-to-end services to issue, invest and manage digital-native security tokens registered on public blockchains, has selected METACO, the Swiss-based provider of digital asset management technology and infrastructure, to orchestrate its digital asset custody operations. The partnership enables…