Listed spot cryptocurrency products will begin trading for the first time via U.S. federally regulated markets on futures exchanges registered with the Commodity Futures Trading Commission, says Caroline D. Pham, the acting chairman of the CFTC. The milestone “follows recommendations by the President’s Working Group on Digital Asset Markets and stakeholder insights from the CFTC’s… Read More >>
Broadridge’s DLR Processed $385B in Repos Last Month
Broadridge Financial Solutions, a provider of services, systems, and software for securities operations, reports that its Distributed Ledger Repo (DLR) platform hit a record $385 billion in daily repo transactions during October, a record increase of 492 percent over $65 billion in transactions processed in October 2024. In addition, the results last month are 13… Read More >>
Tokenization Stalled by Regulatory Uncertainty: Broadridge Survey
Asset and wealth managers are dragging their feet when it comes to the adoption of tokenized assets, according to a new poll from securities operations services and systems giant Broadridge Financial Solutions, with 70 percent of all financial institutions surveyed citing “regulatory uncertainty” as a cause for their hesitancy. Yet, according to Broadridge’s 2025 Tokenization… Read More >>
Key ICE Data Feeds Coming to Chainlink Service
The Intercontinental Exchange (ICE), owner of the New York Stock Exchange (NYSE), is collaborating with blockchain solutions provider Chainlink to incorporate foreign exchange (FX) and precious metals rates from the ICE Consolidated Feed into the Chainlink Data Streams data set, according to officials. The ICE Consolidated Feed offers “content from over 300 global exchanges and… Read More >>
Major Players Achieve On-Chain Financing of U.S. Treasuries
The blockchain pioneer Digital Asset and a consortium of financial services firms and providers report that they have facilitated in real time an on-chain financing of U.S. Treasuries (UST) against the USDC stablecoin, achieving a first for the securities industry. The stablecoin USDC is a cryptocurrency whose value is linked to the U.S. dollar; it… Read More >>
SS&C Acquires Calastone to Revamp Global Funds Ops
SS&C Technologies, a post-trade securities operations services and systems provider, is acquiring Calastone, a global funds network and financial technology solutions provider, from the Carlyle Group for $1.03 billion (£766 million) in an effort to build “a more connected, automated, and intelligent global fund ecosystem,” say SS&C officials. Calastone’s network and technology solutions are expected… Read More >>
Delta Capita Embraces Blockchain-Based OTC Ops
Delta Capita, a provider of consulting, managed services, and technology solutions for capital markets, has launched Elaris OTC, a solution intended to streamline and modernize post-trade processes for over-the-counter (OTC) derivatives, officials say. The Elaris OTC technology platform uses the Fragmos Chain blockchain for derivatives and facilitates the “automated matching of OTC derivatives trades and… Read More >>
‘Crypto Week’ Marks the Arrival of Digital Assets
The powers that be in the federal government are facilitating digital asset and crypto projects, tokenization efforts, and cryptocurrency legislation and regulation, and have even declared that the week of July 14 as “Crypto Week.” Yet SEC Commissioner Hester M. Peirce, who generally favors innovation for digital assets, has made a regulatory declaration that will… Read More >>
Standard Chartered Launches Spot Trading for Bitcoin & Ether
Standard Chartered has launched an integrated digital assets trading service for institutional clients that includes spot trading for Bitcoin (XBT/USD) and Ether (XET/USD) through its U.K. branch and will be introducing non-deliverable forwards (NDFs) trading, officials say. Officials at the bank say this move makes Standard Chartered “the first global systemically important bank to offer… Read More >>
Raymond James Ltd. to Hasten Digital Transformation via FNZ
Raymond James Ltd., the Canadian subsidiary of the North American investment firm Raymond James Financial, is investing in and collaborating with FNZ, a wealth management platform provider, to deliver a wealth management system intended to strengthen Raymond James Ltd.’s value proposition, officials say. The strategic investment in FNZ is intended to strengthen Raymond James Ltd.’s… Read More >>
