Settlement


CoinDesk Indices

The Future of Financial Settlement Isn't Faster, It's Fundamentally Different

Outdated financial systems only appear fast but are inefficient, while blockchain and smart contracts create truly automated, real-time processes that enable new business models, says Polygon Labs’ Aishwary Gupta.

City Bridge

Finance

Deutsche Börse’s Crypto Finance Unveils Connected Custody Settlement for Digital Assets

Crypto Finance's new application, AnchorNote, lets clients trade across multiple venues while keeping assets in regulated custody.

Deutsche Börse-backed Crypto Finance is teaming up with Apex Group to provide institutional-grade crypto investment products. (Shutterstock)

Finance

Boerse Stuttgart Unveils Pan-European Settlement Platform for Tokenized Assets

The blockchain-based Seturion platform is designed to unify post-trade systems for tokenized assets and reduce settlement costs by up to 90%.

Stuttgart Stock Exchange, owner of Boerse Stuttgart Digital (Boerse Stuttgart)

Finance

A Bitcoin Startup Raised $50M to Allow Users to Trade With 'Bitcoin-Grade' Security

The raise brings Portal’s total funding to $92M as it pushes to make Bitcoin the anchor of tokenized and cross-chain markets.

16:0 Portal founders (Portal)

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Finance

Marex Becomes First Clearing Firm to Adopt JPMorgan’s Kinexys With Brevan Howard Digital

The initiative is aimed at modernizing payment infrastructure and reducing settlement risk, Marex said.

Terry Hollingsworth, Global Head of Futures & OTC Clearing Sales at Marex (Marex)

Policy

Block Agrees to $40M Settlement With New York Over Faulty Money-Laundering Controls

The payments and blockchain firm has agreed to an outside monitor as it resolves its compliance with New York regulations.

Block founder Jack Dorsey

Policy

FTX's $228M Settlement With Bybit Brings Conclusion of Epic Liquidation Closer

The FTX bankruptcy nears its finish line, with recoveries higher than what was in accounts when it collapsed – though those assets missed out on the market recovery since 2022.

John J Ray III took over as FTX CEO in November 2022 (House Committee on Financial Services)

Opinion

Crypto Is Now a Non-negotiable for Traditional Banks

Simple “engagement” isn’t enough. Banks need to start experimenting with tokenization and blockchain-powered settlement, or risk getting left behind, says Sygnum Bank’s Lucas Schweiger.

(Jo photo/Unsplash)

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Policy

Binance to Pay $1.7M to Brazilian Securities Commission to End Probe Into Unauthorized Derivatives Offering

The Latin American country's agency had rejected Binance’s previous proposal, made in August 2023, to end an investigation into its derivatives products.

(Vadim Artyukhin/Unsplash)

Markets

AgriDex Settles First Agricultural Trade on Solana Blockchain

AgriDex "settled the transactions almost instantly, charging only 0.15% to each side of the trade" while in traditional systems "fees can be several percentage points per trade."

Agriculture (Pete Linforth/Pixabay)

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