Solutions
Chainalysis, the blockchain data platform, is expanding its long-standing partnership with NYDIG, a technology and financial services firm, to execute a purchase of bitcoin for the firm’s balance sheet.
NYDIG played a critical role in enabling Chainalysis to buy and custody bitcoin, a move that demonstrates Chainalysis’ long-term investment strategy in the cryptocurrency space. Chainalysis has been NYDIG’s compliance technology partner since 2018.
“Our expanding partnership with Chainalysis is a mutually beneficial relationship,” says Patrick Sells, NYDIG Chief Innovation Officer. “Chainalysis has long been building trust in the cryptocurrency ecosystem, and this investment shows their belief that digital assets
Cboe Global Markets, Inc (CBOE), a provider of global market infrastructure and tradable products, has entered into a definitive agreement to acquire Eris Digital Holdings, LLC (ErisX).
ErisX operates a US based digital asset spot market, a regulated futures exchange and a regulated clearing house. Ownership of ErisX presents a unique opportunity for Cboe to enter the digital asset spot and derivatives marketplaces through a digital-first platform developed with industry partners to focus on robust regulatory compliance, data and transparency.
Founded in 2018, ErisX was designed and built with regulatory compliance and operational integrity at the fore. Its spot
Hedge fund managers looking to attract allocations from institutional allocators will need to take several proactive steps – including increasing their levels of disclosures and education – if they are going to build trust among prospective investors.
US investment consultant, Meketa Investment Group, is looking for hedge fund risk mitigation and diversification strategies, as it looks to de-risk client exposure to directional equities.
Alternative data specialist QuantCube Technology, has launched the QuantCube Crude Oil Risk Sentiment Indicator. By processing sentiment data in relation to crude oil in Arabic as well as English, QuantCube has created the most comprehensive real-time indicator available for the commodity.
By employing social media analytics in both Arabic and English, alongside QuantCube’s proprietary Natural Language Processing algorithms and a specific dictionary tailored for the crude oil market, the QuantCube Crude Oil Risk Sentiment Indicator is able to accurately capture short-term risks in the market. It processes multiple factors impacting crude oil prices in real time, including OPEC meetings,
A new study (1) reveals over half (53 per cent) of professional investors believe that over the next two years, institutional investors will look to dramatically increase the level of diversification in their portfolios, and a further 40 per cent think there will be a slightly greater focus on this.
Nickel Digital Asset Management (Nickel), a European investment manager dedicated to the digital assets market, commissioned research with institutional investors and wealth managers from the US, UK, France, Germany, and the UAE who collectively have USD275.5 billion in assets under management.
As part of their plans to diversify, the majority
Komainu, a regulated digital asset custody services provider built by institutions for institutions, has entered into a Memorandum of Understanding (MOU) with Crypto Garage, a regulated Japanese crypto assets service provider and global investment bank Nomura Holdings (Nomura) to explore leveraging Komainu’s custody infrastructure to provide digital asset custody services to institutional customers in the Japanese market.
Henson Orser, Komainu’s President and Acting CEO, says: “We are excited to enter into this agreement with Crypto Garage to explore bringing our institutional-grade custody services to an underserved market in Japan. The evolution of digital assets is changing the financial ecosystem and
Umbrella Network, the decentralised Layer-2 oracle solution, has launched its arbitrage-free pricing model for crypto derivatives. This new offering aims to bring arbitrage-free information for option pricing to the crypto ecosystem, in order to provide users with more comprehensive sets of real-time pricing data.
At launch, arbitrage-free pricing will be available on both Ethereum and Binance Smart Chain, and will offer complete sets of options data for both BTC and ETH, containing the underlying crypto asset, expiry data, call price, put price, and implied volatility. Umbrella Network is currently including 660 new pairs covering 220 options instruments, for more profitable
StoneX Group Inc’s Prime Services Division has launched a new Prime Direct offerings which leverages the firm’s technology to bridge the void between full-service Prime Brokerage services offered to larger managers and discount brokerage options accessible to emerging investors.
Providing family offices, hedge funds, and other professional clients with the same institutional routing and systems offered by full-service Prime brokerages, but in a direct-to-client format that includes the StoneX Equities Pro platform which is available in web, mobile, and desktop formats that can be used interchangeably.
Ben Brown, Managing Director of Business Development for Prime Services at StoneX, says:
Global pioneering infrastructure and connectivity provider, BSO, is to upgrade its Tokyo to London and Tokyo to Singapore connectivity routes.
The routes are available from November to new and existing customers, offering market-leading connectivity between the three major equities and FX hubs.
Achieving fast connectivity between London and Tokyo has long been a challenge for telco providers and so this upgrade solves an important problem. Tokyo is a key section of the FX arbitrage triangle between Europe and Asia and the revamped routes builds on BSO’s award-winning global trading network to deliver more resilient and even lower latency networks.
