capital markets

OKEx Launches No-Expiry Bitcoin Derivative Product
Crypto exchange OKEx has launched a new bitcoin derivative product called a "perpetual swap," that lets traders hold positions indefinitely.

Overstock's tZERO to Develop a Cobalt-Backed Token for Hong Kong Investor
The engagement could lead to the tokenization of up to $200 million worth of cobalt, which is used to make electric vehicle batteries, in 2019.

SeedCX Exchange Is Barring Employees from Crypto Trading
Seed CX has one of the crypto industry’s strictest policies on employee trading. In a word: Don’t.

Russia’s Sberbank Uses Smart Contract to Settle Three-Way Repo Deal
Russia’s Sberbank has settled a three-way repurchase agreement using blockchain tech, calling it a "world's first."

4 Banks Complete €100K Commercial Paper Transaction on R3's Corda
Four European banks, including Commerzbank and ING, have settled a live commercial paper transaction worth €100,000 on R3's Corda blockchain.

Funds Network Calastone to Roll Out Blockchain Settlements in 2019
Calastone, the U.K.-based operator of a transactions network for investment funds, is moving settlement to a blockchain by May 2019

Bitcoin ETF Seekers Met With SEC Monday In Latest Pitch for Approval
VanEck, SolidX and Cboe met with SEC staff on Monday to demonstrate how the bitcoin market is ready for an ETF.

ConsenSys Backs $2.1 Million Funding Round for Ethereum Privacy Startup
ConsenSys Labs has led a $2.1 million seed round for AZTEC, a startup working to make ethereum transactions private.

Blockchain Oil Trading Platform Backed by Shell and BP Is Now Live
A blockchain platform built by a group of major firms to bring new efficiencies to energy commodities trading has gone live.

Coinbase Quietly Opened Its OTC Crypto Trading Desk This Month
U.S.-based cryptocurrency exchange Coinbase opened its over-the-counter (OTC) crypto trading desk this month, Cheddar reports.

