Digital Assets & Tokenisation Insight Blogs The latest content from across the platform
S&P Global Acquires Smart Contract Security Leader OpenZeppelin
S&P Global has announced the acquisition of OpenZeppelin, a prominent smart contract and blockchain security specialist. The financial details of the transaction were not disclosed. According to the companies, the acquisition is intended to integrate OpenZeppelin’s security and development services into S&P Global’s digital asset capabilities, focusing on the creation of future on-chain security assessments and…
SEC Introduces “Innovation Exception” to Allow Regulated Trading of Tokenised Securities
In a landmark move that significantly advances the implementation of a regulated tokenised securities marketplace in the US, the Securities and Exchange Commission (SEC) has granted a temporary and conditional “exemption” to allow new Tokenised Securities Venues (TSVs) to operate and trade tokenised National Market System (NMS) stocks without registering as a traditional exchange. The…
Broadridge Launches DLX Digital Asset Infrastructure for Full Lifecycle Tokenisation
Building on its established Distributed Ledger Repo (DLR) capability for collateral mobility and securities financing, Broadridge Financial Solutions has launched DLX, an integrated, end-to-end tokenisation and digital asset infrastructure platform for financial institutions. DLR, which recently broadened its support for different assets, processes more than $350 billion in daily activity across thousands of transactions. DLX…
Nasdaq Invests in Payward, Continues Collaboration on NET Framework
Exchange technology group Nasdaq has announced a $100 million strategic investment in Payward, the parent company of the cryptocurrency exchange Kraken, to expand their collaborative work on tokenised market infrastructure. Facilitated through its investment arm, Nasdaq Ventures, the transaction includes a capital infusion, a market surveillance agreement and continued joint development of the proposed Nasdaq Equity Token (NET) framework. Founded in…
Digital Assets Move Closer to the Institutional Trading Stack as Caplin Launches Hosted Platform
Institutional digital asset trading is beginning to confront a familiar problem: as the market grows, the technology supporting it has to move beyond specialist systems and manual workflows towards the kind of integrated infrastructure already established in markets such as FX. That shift is behind the launch of a new hosted, white-label digital asset trading…
SEC Proposes New Transfer Agent Rules to Allow DLTs to Host Official Ownership Records
The US Securities and Exchange Commission (SEC) has continued its push to accommodate digital assets and DLT platforms within the legal framework for securities trading with a proposal that formally allows for DLT platforms to be used by transfer agents as a primary record keeper. The proposal represents a plan for the first major overhaul…
Archax Launches US Digital Broker-Dealer; Taps tZERO for Custody, Clearing and Secondary Trading
Archax Group, which already operates a regulated digital asset platform in the UK and EU, has received approval from the Financial Industry Regulatory Authority (FINRA), completing its registration as a US digital broker-dealer with the Securities and Exchange Commission (SEC). It has also arranged for tZERO Group units to give Archax clients access to a…
Rush to Build AI into Risk Models Creating Dangerous Capability ‘Gaps’
Asset managers may be exposing themselves to operational vulnerabilities as they rapidly integrate artificial intelligence and agents into their risk management systems, often without first ensuring trust in the data that will feed the models. A survey found that three-quarters of 178 senior investment leaders questioned said they expect the pace of AI and agents…
Thanks to LayerZero, Tether Extends Reach with Stellar. Ecosystem Benefits Now; More Chains to Follow?
Via an integration developed by LayerZero Labs, Tether – the world’s most popular stablecoin – is now available on the Stellar blockchain. While adding Stellar represents an immediate significant addition to Tether’s USDT reach, by leveraging LayerZero’s Omnichain Fungible Token (OFT) standard, in the future, extending Tether to other blockchains theoretically requires little effort. Before…
SEC Crypto Proposal Opens a New Funding Route and a New Compliance Cycle
The SEC is proposing new fundraising rules for crypto projects that sell tokens while building a blockchain network or application. Regulation Crypto Assets would allow qualifying developers to raise capital from a broad investor base and support secondary trading through tailored exemptions from Securities Act registration. However, these new freedoms come with additional regulatory burdens….