capital markets
Australia's Gold Mint Is Backing a Crypto Token Based on Ethereum
The government-owned Perth Mint is backing a new digital token aimed to allow investors to trade and settle gold in real time.
Why French Lender SocGen Issued a $110 Million Ethereum Bond to Itself
Societe Generale has no plans to resell its $110 million ethereum bond, but future blockchain trials will involve external investors, an exec said.
Liquidity Provider B2C2 Launches Gold Derivative Settled in Bitcoin
The U.K.-licensed firm's new product allows clients to synthetically trade gold against bitcoin and aims to capitalize on a growth in haven assets.
Vanguard Developing Blockchain Platform for $6 Trillion Forex Market
Mutual fund giant Vanguard has partnered with Nasdaq Ventures-backed blockchain startup Symbiont to develop a currency trading platform.
Swiss Central Bank to Explore Use of Digital Franc in Settling Trades
Switzerland’s central bank and the SIX stock exchange will study using a central bank digital currency to settle trades of tokenized assets.
London Stock Exchange-Backed Nivaura Hires Senior HSBC Banker
LSE-backed Nivaura hired a senior HSBC banker to boost adoption of the London-based fintech's blockchain process for capital markets legal documents.
Tiny $217 Options Trade on Bitcoin Blockchain Could Be Wall Street's Death Knell
Skew., a startup led by an ex-JPMorgan trader, is trying to prove that bitcoin’s blockchain works better than Wall Street.
Foreign Exchange Giant CLS Admits: No, We Don’t Need a Blockchain for That
Forex giant CLS is now using a blockchain to handle certain currency trades, but the technology is “not essential” for the task, an executive admits.
DTCC Pushes Back Blockchain Project to Avoid Brexit Complications
The DTCC has pushed back the release of its blockchain-based post-trade system for derivatives by several months, in part because of Brexit.
Galaxy Digital, XBTO Just Made the First Block Trade of Bakkt Bitcoin Futures
Crypto fund Galaxy Digital and OTC trader XBTO have conducted the first-ever block trade of Bakkt's bitcoin futures contract.
