21Shares, a Swiss asset management firm, has selected Sudrania Fund Services to provide fund and portfolio accounting services for its digital asset ETPs products on the SIX Swiss Exchange. Sudrania will provide daily NAVs as well as reporting and data management.
Category: Digital Assets
BP2S and Curv complete PoC for security token transfers
BNP Paribas Securities Services and Curv, a cloud-based digital asset security infrastructure for financial institutions, have completed a proof of concept to transfer security tokens securely between market participants. As part of this engagement, BNP Paribas Securities Services and Curv transferred a security token using Curv’s multi-party computation solution to ensure the security of the…
Northern Trust & BondEvalue complete first fractionalised bond trade in Singapore
Northern Trust and BondEvalue have completed the first trade of a fractionalised blockchain-based bond. The trade of a blockchain-based bond, known as BondbloX, was executed on BondEvalue’s platform, with Northern Trust as the exclusive asset servicing provider. This comes after the two parties established a strategic partnership in 2019 to deliver integrated asset servicing and…
Fidinam and Hex Trust partner on digital assets
Fidinam, a Switzerland-based consultancy firm providing corporate tax and accounting services for digital assets, has partnered with Hex Trust, the Hong Kong-based digital asset custodian and infrastructure platform for banks and financial institutions, to enter the digital asset ecosystem. The partnership enables Fidinam to provide digital asset services to their global clients, leveraging Hex Trust’s…
Bitcoin Suisse hires Markus Perdrizat to head custody business
Bitcoin Suisse has appointed Markus Perdrizat as head of custody at Bitcoin Suisse AG and CEO of Swiss Crypto Vault AG. He was formerly responsible for the blockchain risk assurance practice at PwC Switzerland. His predecessor, Philipp Vonmoos, will remain on the board of directors of Swiss Crypto Vault AG as he moves into a…
HK’s Hex Trust hires Colin Brooks as an advisor
Hex Trust, a Hong Kong-based digital assets custody platform provider, has hired Colin Brooks as an advisor. Brooks worked at HSBC for most of his career, mainly in Asia, latterly as global head of sub-custody and clearing. He also spent five years at Standard Chartered before retiring earlier this year.
Sudrania launches admin platform for digital assets
Sudrania Fund Services has launched Seamless Crypto, its fund administration platform designed specifically to handle the unique operational needs of digital assets. Seamless Crypto allows investment managers to fully outsource their fund administration and back-office operations via a cloud-based solution, and provides all the functionality needed to manage cryptocurrency funds.