Solutions
Huobi Futures has announced its latest offering that looks to take advantage of the ever-growing and popularising stablecoin market, USDT-Margined Swaps. Ten popular currencies including BTC, ETH, BCH, BSV, LINK, DOT, UNI, FIL, YFI, and BNB are listed in the first batch. Based on Huobi’s announcement, currently only Web and API are available; trading on APP will be supported around a week after the initial launch.
The total market capitalisation of stablecoins has grown from USD2.6 billion at the start of 2019 to USD20 billion by late September of 2020. Tether (USDT), at USD16 billion, leads the way. The data indicates
On the heels of high-profile client acquisitions and rapid organic asset growth within the US market over the last 18 months reaching approximately USD65 billion in client assets, iCapital has expanded its reach to serve a growing international client base with heightened interest in private market investments. Read the full story at Wealth Adviser…
Bitfinex Derivatives,a derivatives platform accessible through digital token trading platform Bitfinex, has launched a perpetual contract for Silver.The contractm which went live on 26 October, will offer users up to 100x leverage and will be settled in Tether (USDt) tokens.
“As the second precious metal offering, we anticipate a ready uptake for this silver perpetual contract,” says Paolo Ardoino, CTO at Bitfinex Derivatives. “This offering is available to sophisticated traders for the purposes of hedging and managing risk.”
Bitfinex Derivatives platform and products are only available in eligible jurisdictions, and are exclusive to verified users.
Bixin Ventures has launched a USD100 million proprietary capital fund to support the global blockchain ecosystem and infrastructure necessary for the future of open finance through a permissionless and decentralised network.Read the full story at Private Equity Wire…
The Global Digital Asset and Cryptocurrency Association (Global DCA) has launched with the aim of guiding the evolution of this new technology within a regulatory framework designed to build public trust, foster market integrity and maximise economic opportunity for all participants. Read the full story at Institutional Asset Manager…
Finastra, one of the world’s largest fintechs, and CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, have formed a global partnership to deliver an integrated collateral and margin management solution to market participants of all sizes through a Software-as-a-Service (SaaS) model. Collateral Management as a Service, powered by CloudMargin and available through Finastra’s FusionFabric.cloud platform, connects to Finastra’s core treasury and capital markets solutions, facilitating end-to-end straight-through processing of derivatives transactions, and all associated collateral management workflows, from trade booking through to settlement. The solution will automate and optimise the collateral management
Unbiased has launched its Data Marketplace on Telos, one of the most active blockchain platforms in the world. Unbiased works to solve current challenges faced by AI and Machine Learning, including transparency, bias, and quality of training data. The Unbiased Data Marketplace provides privacy-centric and decentralised development tools to companies working with AI and machine learning applications, including data collection, annotation, labelling and analytics; all with blockchain certificates. The project was introduced in beta in March 2020, underwent significant upgrades, and is now live for commercial use.
Today, most dataset generation tools for training supervised machine learning and AI algorithms are
pTokens, a cross-chain system enabling assets to move frictionlessly from one blockchain network to another, is to list its pBTC, pETH, and pLTC, tokens on non-custodial digital asset exchange and iFinex brand eosfinex, bringing the top crypto assets to the EOS blockchain through the Bitfinex on-chain ecosystem.As decentralised finance (DeFi) continues to expand its reach, dApps and cross-chain tokenisation are still restricted by blockchain walls. pTokens will allow major crypto assets to be used across different blockchain-powered applications and exchanges. As a transparent and security-oriented solution connecting multiple blockchain protocols, pTokens allow for asset transfers by means of the pTokens
SteelEye, a compliance technology and data analytics firm, has incorporated Refinitiv market data on its platform.
Tradeweb Markets, an operator of electronic marketplaces for rates, credit, equities and money markets, has become the first trading venue to facilitate the electronic execution of SONIA swaps against Gilt futures for institutional investors. Read the full story at Institutional Asset Manager…