As the digital currency market matures, a new crypto hedge fund, Circle Fund, has emerged — the first to be compliant in Asia. The company behind Circle Fund has more than five years of experience in both the primary and secondary
Alternative fund manager Abacus Capital’s Hogi Hyun is stepping into the crypto world to bring investors a blockchain and tokenised investment grade diamond investment opportunity. Abacus was established in Singapore in 1996 and has some USD1 billion in assets in
Yewno, a provider of Artificial Intelligence solutions in the financial sector, has partnered with STOXX to launch the iSTOXX Yewno Developed Markets Blockchain Index. This is the second index based on Yewno’s unique algorithm launched by STOXX, following the STOXX
A benchmark study by the Depository Trust & Clearing Corporation (DTCC) has demonstrated for the first time ever that distributed ledger technology (DLT) is capable of supporting average daily trading volumes in the US equity market of more than 100
The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) have successfully developed Delivery versus Payment (DVP) capabilities for the settlement of tokenised assets across different blockchain platforms. This will help simplify post-trade processes and further shorten settlement cycles.
Former UBS veteran, Claude Waelchli, is to launch a US-based digital securities issuance platform, Tokenyz, which aims to modernise the legacy securities industry. Stepping away from his role at UBS as Head of Portfolio Advisory for Global ultra-high net worth and institutional
Baanx.com, an emerging Cryptobank network focused on offering fiat and crypto mobile banking services for the blockchain era, has agreed a USD2 million investment deal with LDJ Cayman Fund as part of its current Token Pre-Sale for qualified, accredited institutions
The Post-Trade Distributed Ledger (PTDL) Group, which brings together major post-trade industry participants and regulators to share information and ideas about how distributed ledger technology can transform the post-trade landscape, is to merge with the Global Blockchain Business Council (GBBC),
Bermuda is the latest jurisdiction to update its regulation in response to the rising prominence of blockchain technology innovation and Initial Coin Offerings. The Companies and Limited Liability Company (Initial Coin Offering) Amendment Act, 2018 (the “ICO Act”), came into force on
Symbiont, a financial technology company delivering enterprise blockchain solutions, is partnering with Templum, a technology company for the private markets to deliver smart securities. Templum will leverage and embed Symbiont’s Assembly as the blockchain and smart contract technology for its
