PitchBook Renames Acquired Lumonic Unit PitchBook Lens

Private capital market intelligence provider PitchBook’s recent acquisition Lumonic is to become PitchBook Lens though remain a standalone platform whose customer data will remain separate from the parent company.

“As PitchBook Lens, our job stays the same: build the tools our customers need and keep making their work easier,” said Kevin Hsu, chief executive officer of PitchBook Lens.

Pitchbook acquired portfolio monitoring platform Lumonic in 2025 and the unit has released several product updates over the past year, including a Model Context Protocol server and a self-monitoring portfolio architecture.

The customer base doubled year-over-year following the acquisition, with the third quarter of 2026 generating more recurring revenue than the previous two quarters combined. Growth followed broader market changes in private credit, an asset class where global assets under management reached US$2.5 trillion.

Moodys and Chainlink Pilot Ratings Distribution Across Multiple Blockchains

Moody’s Ratings and Chainlink Labs have successfully completed a pilot exploring the cross-chain distribution of credit ratings powered by Chainlink’s Cross-Chain Interoperabilty Platform (CCIP). The pilot demonstrated how the Moody’s Ratings Token Integration Engine (TIE) could support the simultaneous distribution of credit ratings across multiple blockchain networks as tokenised market infrastructure continues to evolve.

As more financial assets are issued and distributed through blockchain-based infrastructure, market participants will increasingly need access to trusted credit assessment information within those environments.

Moody’s Ratings brings extensive experience assessing credit risk in digital assets and tokenised financial instruments. Between January 2017 and October 2026, Moody’s Ratings rated or assessed more than 70 digital asset issuances, including digital bonds and tokenised funds.

TIE is designed to support the dissemination of credit ratings and related data in connection with tokenised assets and in blockchain-based environments. Using Chainlink CCIP, the pilot successfully demonstrated how TIE could simultaneously distribute credit ratings across permissioned and permissionless blockchain networks while preserving existing publication and governance processes.

“The future of tokenised finance is unlikely to reside on a single blockchain, platform, or market infrastructure,” says Fabian Astic, Global Head of Digital Economy at Moody’s Ratings. “As digital markets continue to evolve, investors will increasingly expect access to credit ratings and associated information regardless of the underlying technology supporting an asset.”

The pilot was completed in a testnet environment, with CCIP delivering credit ratings to multiple blockchain networks. No actual rating actions were published on chain as part of the pilot, and no live rating dissemination processes were involved. The pilot used representative test data to evaluate technical interoperability and distribution capabilities in a controlled environment. The broader delivery model is designed to accommodate future updates including rating actions, while maintaining appropriate governance and lifecycle controls. A future production workflow would maintain Moody’s Ratings’ established publication processes.

SEC Says Canton Coin is a Commodity, Not a Security

The US Securities and Exchange Commission (SEC) has granted no-action relief confirming that Canton Coin, the native token of the Canton Network is a digital commodity, not a security.

The SEC’s decision also covers the minting of Canton Coin by network participants – including Super Validators, Validators, and application providers – confirming that such minting can occur without registration under the Securities Act or the Exchange Act.

The no-action relief gives institutions and developers greater regulatory certainty to participate in the Canton Network and earn rewards for supporting the network.

Central to the SEC assessment were two defining characteristics of the network:

* the network operates without a central party controlling participation or reward distribution, and
* it was already a functional blockchain network when Canton Coin launched

The decision reaffirms the approach taken to establish the Canton Network. Its underlying technology was developed and demonstrated through real-world financial applications before leading financial institutions came together to launch the network. Additionally, Canton Coin was introduced without an initial coin offering or pre-mine sale, with tokens initially earned exclusively through contributions to operating network infrastructure and applications.

The Canton Network – a public, permissionless blockchain purpose-built for institutional finance – uniquely combining privacy, compliance, and scalability. plays a significant role in the institutional growth of on-chain finance.

DTCC Adds EU MiFID Transaction Reporting with Back-Reporting and Error Correction Tools

The Depository Trust & Clearing Corporation (DTCC) has launched an EU Markets in Financial Instruments Directive (MiFID) Approved Reporting Mechanism (ARM). The service combines transaction reporting with a dedicated 24/7 back-reporting channel, error correction and data analytics to help firms manage reporting quality and remediation.

The launch follows DTCC’s introduction of its UK MiFID ARM in May 2026. Firms can access both ARM services and DTCC’s Global Trade Repository (GTR) through a single-sign-on portal, extending access to its regulatory reporting services.

Built on a cloud-native platform, the EU service is designed to simplify reporting workflows and improve data quality, according to DTCC. Its back-reporting channel and error correction capabilities form part of an end-to-end transaction reporting offering.

DTCC’s ARM dashboards and reporting tools provide near real-time visibility into submission status, exceptions and data quality. Users can also access trend analysis and anonymised peer comparison data to help prioritise reporting issues and remediation.

“As regulatory expectations continue to evolve, European firms are looking for a trusted partner that can help them navigate changes while improving the overall quality of their reporting,” said Michele Hillery, Managing Director and Head of Repository and Derivatives Services at DTCC.

“DTCC’s EU-MiFID ARM extends our proven global reporting capabilities, enabling firms to meet evolving regulatory requirements across jurisdictions and regimes through one trusted provider. It also highlights DTCC’s commitment to serving clients across the EU,” she says.

Fourthline and Veridas Complete Merger Combining KYC, Biometrics and Fraud Controls

Fourthline and Veridas have completed their merger, combining know-your-customer (KYC) and compliance decisioning with biometric, document, voice and anti-fraud technology.

The transaction closed on 3 November after meeting its closing conditions. The companies first announced the agreement on 16 July. They said the combined platform will support identity, compliance and fraud-prevention requirements across more than 50 countries.

The transaction includes up to €65 million from Fourthline shareholder Finch Capital, equity investor Seaya Andromeda and debt provider Ashgrove Capital. The funding will support product development, acquisitions, debt refinancing and a shareholder reorganisation.

Fourthline and Veridas project combined 2026 revenue above €50 million. Both businesses were earnings before interest, taxes, depreciation and amortisation positive at closing. The company is targeting €85 million in annual recurring revenue by 2029 and €20 million in annual run-rate synergies. These remain forward-looking targets.

Existing platforms, contracts, integrations and local support will continue during a phased integration. Customers do not need to take immediate action. The companies said clients will gain access to a broader set of identity and compliance services across Europe, Latin America and the US.

Fourthline Chief Executive Officer Paul Stoddart will lead the combined business. Veridas Chief Executive Officer Eduardo Azanza becomes president. The company will be headquartered in Amsterdam, with offices in Stockholm, Pamplona, Barcelona, Mexico, São Paulo and Boston.

“Our first job is to ensure continuity of service for existing customers; our second is to give them access to incremental value,” Stoddart said.

Eventus to Provide Trade Surveillance for Synova Global’s Exchange Infrastructure

Eventus has partnered with Synova Global to integrate its Validus trade surveillance platform into the latter’s exchange-as-a-service infrastructure, initially supporting NativX, a marketplace for trading compute capacity. The agreement will provide real-time monitoring and surveillance capabilities designed to detect potential market manipulation and support market integrity across exchanges launched using Synova Global’s technology.

NativX, Synova’s first marketplace, is developing trading infrastructure for verified computing and connectivity capacity, reflecting growing interest in treating AI infrastructure resources as tradable assets. Synova’s exchange infrastructure includes its Titan matching and settlement engine and Venue trading interface, enabling operators to establish white-label markets across different asset classes. NativX is also expected to adopt Eventus’ Frank AI surveillance capabilities where appropriate, introducing additional automation into monitoring and investigation workflows.

The partnership extends Eventus’ surveillance coverage into emerging compute markets, building on its existing presence across traditional financial instruments, digital assets and prediction markets.

Broadridge Integrates Kalshi Prediction Markets into CQG Trading Platform

Broadridge has integrated Kalshi event contracts into its CQG trading platform, enabling retail and institutional investors to access prediction markets alongside futures, options and equities through existing trading interfaces and APIs. The integration provides direct trading access and market data through CQG, incorporating event contracts into its execution, risk management and portfolio monitoring capabilities. Brokers and futures commission merchants (FCMs) can offer the products to clients without introducing separate trading infrastructure.

Kalshi contracts will also become available through the CQG-NYFIX integration, extending access to more than 1,700 buy-side clients connected to Broadridge’s NYFIX network. The arrangement allows traders to monitor event contract positions alongside traditional financial instruments and incorporate prediction markets into broader trading and hedging strategies.

The launch expands Broadridge’s multi-asset trading capabilities and Kalshi’s institutional distribution, responding to demand in the US and EMEA, subject to applicable regulatory and jurisdictional requirements.

B2BROKER Adds MCP Connectivity and Agentic Trading to B2TRADER Platform

B2BROKER has expanded the AI capabilities of its B2TRADER trading platform, introducing Model Context Protocol (MCP) connectivity and an integrated AI Chat interface to support account analysis and automated trading.

The MCP integration allows traders to connect external AI agents, including Claude, ChatGPT and custom applications, to retrieve market data, review portfolios and issue natural-language trading instructions. Brokers can configure access permissions, restricting agents to read-only functions or enabling them to place, modify and close trades. Each agent is limited to accounts authorised by the relevant trader, while brokers can disable MCP connectivity entirely. The new in-terminal AI Chat enables traders to query positions, market conditions and platform functionality without leaving the trading interface. Trading actions initiated through the chat require explicit confirmation, although external agents with full permissions can execute orders without individual approvals.

The release builds on B2TRADER’s existing AI-powered market analysis, sentiment indicators and trading signals, extending the platform towards agentic execution workflows.

Bloomberg’s BQuant Augmented with AI Assistant

Bloomberg has launched a domain-grounded conversational artificial intelligence coding assistant, BQuant Assistant, that is integrated into BQuant Desktop and BQuant Enterprise.

The tool enables users to write code, construct applications and accelerate data analysis using natural-language prompts. The assistant operates directly within the Python environment to generate code, answer questions, query datasets and run scripts in a sandbox.

“BQuant Assistant brings AI-driven coding that is informed by Bloomberg’s understanding of financial data and quantitative workflows directly into the workflows our clients already use to build investment strategies,” said Shawn Edwards, chief technology officer of Bloomberg.

Symbol Master Launches API for 35 Data Endpoints

Symbol Master, which provides standardised options symbology and reference data for the financial services industry, said its API solution has been approved for full production utilisation.

The API Dashboard provides a single interface that gives clients access to 35 data API endpoints to retrieve data, query historical ranges and check data availability.

Access can be governed by administrative permissions as Symbol Master will provision subscribers for defined entitlements based on contracted usage.

“Our API solution will open the door for existing users to integrate to a more usable technical solution without flat file management,” said chief executive George Tull.

The symbology validation software supports firms across the financial ecosystem, covering over 6,000 underlying securities with US options across 20 exchanges. Ten years of historical data is available for the core content set, expanding on previous data distribution methods to enable backtesting and risk management.