capital markets

15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing
The Depository Trust & Clearing Corporation is now testing its main blockchain project with 15 global banks, before taking the tech live in 2019.

DeVere Group Targets Arbitrage With New Crypto Fund
U.K.-based financial advisory firm deVere Group has launched an actively managed fund offering investors exposure to cryptocurrencies.

Coinbase's Head of Trading Resigns After Six Months on Job
The head of trading at Coinbase, Hunter Merghart, has resigned just six months after joining the crypto startup from Barclays, CoinDesk has learned.

Hong Kong Stock Exchange Taps Digital Asset for Post-Trade Blockchain Trial
The Hong Kong Stock Exchange has teamed up with DLT startup Digital Asset to develop a blockchain platform for post-trade processing.

Ethereum's Biggest Enterprise Group Is Releasing New Software Specs
The largest blockchain consortium has released its latest round of specifications – the next steps to harmonizing the way big companies use ethereum.

Germany's Central Bank Claims Success in Blockchain Settlement Trial
Germany's central bank and Deutsche Börse say they have successfully completed a blockchain trial for securities settlement.

Microfinance Firm Plans Issuance of Shariah-Compliant Blockchain Bonds
An Indonesian microfinance firm is looking to put Sharia compliant bonds called sukuks on the blockchain to fund social projects.

Blockchain Firm SETL Wins License to Operate Central Securities Depository
Blockchain firm SETL has received a license from the French securities regulator to operate a central securities depository in Europe.

PBoC's Digital Currency Chief Departs to Lead Securities Clearing House
The former chief of China's central bank digital currency initiative has left the role to lead the country's central securities clearing house.

Crypto Hedge Fund Launches Are Soaring to Record Levels This Year
Despite the bear market in cryptocurrencies, crypto hedge funds are expected to comprise 20% of all hedge fund launches this year, research indicates.

