GK8, an institutional-grade self-managed digital asset custody platform with DeFi, staking, NFT, and tokenisation support, has onboarded four new clients in tiger past few weeks. GK8’s solution is set to power the digital asset services of SolidBlock, a real estate tokenisation service and marketplace, JIC Bank, a licensed international bank headquartered in Puerto Rico, 2nd Market, a Brazilian digital assets exchange, and Proxibit, an Israeli cryptocurrency trading platform.  GK8 has also signed a new long-term agreement extending its partnership with eToro, the global social investing network.   In addition, GK8 is expanding its operations in the US and the UK

Global cryptocurrency exchange FTX Trading Limited (FTX) has established FTX Europe, extending its presence into Europe and the Middle East. The Company has secured the approval from the Cyprus Financial Market Regulator CySEC through its ftx.com/eu domain. FTX Europe will now start offering FTX’s products and services to European clients via a licensed investment firm with passportable licenses across the European economic area. Users in these regions will be able to trade a variety of cryptocurrency products powered by FTX’s industry-leading trading technology and digital asset offerings.   FTX Europe is currently headquartered in Switzerland, with an additional regional headquarter

Chronicle Software (Chronicle), a provider of low latency technology solutions for the financial services industry, has expanded its ultra-fast, high performance trading solutions suite with the release of the Chronicle Matching Engine. Developed in response to client demand for an asset-agnostic, low latency matching solution, the new Chronicle Matching Engine offers order matching, validation and risk checking capabilities for multiple order types including time in force order instructions.   Its scalable, modular and flexible design means that clients can adopt all or some of the Matching Engine software both to create new and support existing proprietary trading solutions, and can

Bitfinex Securities Ltdm a provider of blockchain-based investment products, has announced it first listing – the Blockstream Mining Note (BMN) – which successfully raised EUR6.75 million and is enabling accredited investors to obtain exposure to bitcoin mining.

Derivatives marketplace CME Group is to launch options on Micro Bitcoin and Micro Ether futures on 28 March, pending regulatory review. The new Micro Bitcoin and Micro Ether options contracts will be one-tenth of their respective underlying tokens in size and will offer a wide range of market participants – from institutions to sophisticated, active, individual traders – more ways to manage their exposure to the top two cryptocurrencies by market capitalisation.  These contracts will complement the existing bitcoin options contracts, sized at five bitcoin and launched in 2020. Additionally, they will allow clients to express long- or short-term views

iCapital, a global fintech platform providing access and efficiency in alternative investing for the asset and wealth management industries, has acquired Bank of Singapore’s in-house private market feeder fund platform. With the deal, iCapital takes over the management and operation of the bank’s private market feeder funds while Bank of Singapore retains client servicing responsibilities. Following the close of the transaction, iCapital services approximately USD114 billion in global private assets, of which more than USD27 billion are from international investors (non-US Domestic), across more than 940 funds. The deal builds on a long-standing partnership between the two companies. Bank of

The International Stock Exchange (TISE) has launched its new bespoke auction trading system, NOVA. The first auctions on NOVA have now been held, with Ravenscroft (CI) Limited, a Trading Member of TISE, facilitating the order book entries for auctions in the TISE listed securities of 14 issuers. The auction model is designed to benefit market participants through the concentration of liquidity into specific events. Auctions can be held at an issuer’s discretion, eg daily, weekly, monthly, providing maximum flexibility. Transparency is provided to the market through full visibility of the order-book build with the TISE website displaying buy and sell

Alveo, a provider of cloud-based market data management services, has launched new data distribution capability, Delta. By using the latest cloud technologies, Delta significantly accelerates the time needed to deploy data sets into business user workflows and business applications. The solution is an integral part of Alveo’s overall data management suite which includes its Prime data mastering solutions and its Alpha Datawarehouse. Delta – like other components of Alveo’s data management solutions – builds on open-source technologies. Clients can choose to stream data using the Kafka distributed event streaming platform or send defined exports of data sets via csv, xml,

Digital asset prime dealer SFOX has now matched, executed, and cleared the first-ever crypto non-deliverable forward (NDF) contract between B2C2 and an undisclosed financial institution over its multi-dealer network. This milestone for the cryptocurrency market, which cleared on Friday, 4 Feb, 2022, establishes SFOX as the first platform to intermediate between a buyer and a seller in the crypto NDF market as well as the first multi-dealer platform to execute an NDF trade. An NDF is a cash-settled, and usually short-term, forward contract. Crypto NDFs permit banks and other highly regulated financial institutions to gain exposure to the USD3 trillion