StoneX Digital Secures CASP Licence Under EU MiCA Regulation

StoneX Digital, a division of StoneX Group Inc. has been granted a Crypto-Asset Service Provider (CASP) licence by the Central Bank of Ireland. This authorisation was issued under the European Union’s Markets in Crypto-Assets Regulation (MiCA) and represents a significant expansion of the firm’s regulated capabilities within the digital asset sector.

Building on its previous operations as a Virtual Asset Service Provider, StoneX Digital will now offer digital asset execution and custody services across the entire European Union. The division, established in June 2022, focuses on servicing institutional and corporate clients requiring secure market access. This new licence allows StoneX to meet the growing demand from financial institutions for regulated, compliant entities to handle their digital asset requirements.

WAMID Launches Advanced Market Analytics Suite in Collaboration with BMLL

WAMID, the technology subsidiary of Saudi Tadawul Group, has launched WAMID Analytics, a new suite of solutions developed in collaboration with data provider BMLL. Designed to assist both local and international market participants, the platform aims to improve transparency, insight, and efficiency across Saudi and global capital markets.

The core of this new offering is the Analytics Dashboard, a cloud-based, no-code platform that provides visualisations of advanced metrics derived from global equity order book data. This tool allows users to analyse market behaviour, liquidity, and execution quality in granular detail. The dashboard features capabilities for comparing trends and benchmarking performance across various time horizons, supporting functions ranging from institutional research to the optimisation of trading strategies.

This launch marks a further step in WAMID’s strategy to drive digital transformation within Saudi Arabia’s financial sector. WAMID Analytics joins the company’s existing portfolio of services, which includes WAMID DataHub, WAMID Newswire, and Co-Location services, expanding its capacity to deliver market intelligence and enhance global connectivity.

B2PRIME Secures Platinum Partnership and Integrates B2TRADER with TradingView

B2PRIME has announced a strategic partnership with the charting and social trading platform TradingView. As part of this collaboration, B2PRIME has been recognised as a Platinum Partner and has completed the integration of its core trading platform, B2TRADER, with the TradingView interface. This development enables clients to place trades directly from TradingView charts, seamlessly bridging the gap between technical analysis and trade execution while leveraging B2PRIME’s liquidity and infrastructure.

The integration provides B2PRIME users with access to TradingView’s extensive suite of analysis tools. Clients can also utilise custom indicators via Pine Script and access a social trading environment that includes expert analysis and economic calendars. By enabling direct execution through this cloud-based platform, the partnership aims to streamline workflows for professional traders across both desktop and mobile devices.

DataCT to Serve as Independent Administrator for New US Consolidated Tape Plan

DataCT, an affiliate of DataBP, has been selected by the Operating Committee of the Consolidated Tape Plan (CT Plan) to serve as its Independent Administrator. Pending final negotiations, the new CT Plan is expected to launch in early 2027 as the unified successor to the three existing US equity market data plans for Tape A, B, and C securities. To comply with SEC independence requirements, DataCT was established as a separate entity with its own governance and management structures, operating under the oversight of the CT Plan Operating Committee.

Mark Schaedel, CEO of DataBP, will serve as Acting CEO of DataCT during the transition period to ensure operational readiness before handing over to a permanent Chief Administrative Officer. DataCT has engaged Deloitte to assist with the transition programme and provide ongoing shared services, although Deloitte will have no role in governance. Responsibilities for the new administrator include subscriber onboarding, licensing, billing, compliance oversight, and coordination with Securities Information Processors (SIPs), replacing the current CTA/CQ and UTP Plan Administrators.

ID-Pal Acquires KYB Specialist NorthRow

Dublin based ID-Pal recently acquired Know Your Business (KYB) specialist NorthRow , extending its identity verification platform to cover both individual and corporate risk within a single compliance framework. The move brings native KYB checks into ID-Pal’s existing KYC and AML offering, responding to growing regulatory pressure for firms to maintain an ongoing view of customer and counterparty risk rather than relying on point-in-time checks.

Founded in 2016, ID-Pal has built its business around AI-enabled identity verification and screening across multiple jurisdictions. The addition of NorthRow’s business verification capabilities allows firms using the platform to verify companies, track changes in ownership or directorship, and monitor corporate status alongside individual identity checks. In practical terms, this creates a consolidated risk view across people and entities, addressing a long-standing gap between KYC and KYB processes.

The deal also reflects broader shifts in compliance operations. Regulatory regimes in the UK, EU and US are placing increasing emphasis on continuous monitoring, particularly in response to reforms such as the US Corporate Transparency Act and tighter UK requirements. At the same time, firms face rising exposure to sanctions risk and increasingly sophisticated forms of document fraud, making fragmented onboarding and monitoring models harder to sustain.

ID-Pal founder and CEO Colum Lyons framed the acquisition in that context, pointing to both regulatory change and evolving threat vectors.

“Alongside co-founders James O’Toole and Robert O’Farrell, ID-Pal was created to support businesses with accurate identity verification built on privacy preservation. As the financial services space becomes more regulated, and with AI-driven document fraud becoming the biggest threat our industry has faced, it is essential that businesses have a unified view of the risks ahead and how to manage them. Our acquisition of NorthRow allows ID-Pal to unify this process within one comprehensive platform that defends businesses against fraud at every entry point and avoids noncompliance fines.”

From a customer perspective, the transaction brings together complementary strengths already used in production environments. Payments provider Caxton, a long-standing NorthRow client, highlighted the operational value of tighter integration between individual and business checks.

“Using NorthRow’s technologies, Caxton has seen first-hand the value they bring to compliance processes. This acquisition is a great step forward by combining their expertise with ID-Pal’s award-winning technology to create a powerful platform for the future. We’re excited to start working with ID-Pal and to benefit from the innovation in KYC and KYB risk intelligence that this partnership will deliver.”

The combined client base spans financial services, government and enterprise organisations, and the acquisition expands ID-Pal’s reach across regulated sectors that increasingly require joined-up identity, business verification and AML controls. NorthRow’s services will continue to operate without interruption, with platform integration planned over time as part of a longer-term product roadmap aimed at improving consistency and user experience across compliance workflows.

Trillium Surveyor Extended for Prediction Markets

Trillium Surveyor has gone live with trade surveillance for prediction markets, positioning the firm’s controls toolkit for a segment that has moved quickly from niche curiosity to a retail-facing, high-velocity “event contract” market.

The backdrop is a fast-evolving regulatory perimeter. US event contracts that are listed as derivatives on registered venues sit within the CFTC’s DCM regime, but the expansion into sports-style contracts has sharpened the fault line with state gaming authorities. A series of state cease-and-desist actions against sports-style event contracts (including in Nevada and New Jersey) has triggered litigation over pre-emption and jurisdiction, with at least one recent federal ruling in Nevada siding with state gaming authorities rather than the platform’s federal-only argument.

At the federal level, the CFTC has signalled heightened scrutiny of “gaming” style contracts through proposed rulemaking updates to its event contracts rule (CFTC Rule 40.11), designed to clarify when an event contract involves enumerated activities and when it may be deemed contrary to the public interest. In parallel, the regulator has shown it can intervene tactically: Reuters reported that Robinhood rolled back Super Bowl-related event contracts following a CFTC request in February 2025.

Enforcement history has also shaped market structure. In January 2022, the CFTC ordered Blockratize, Inc. (doing business as Polymarket) to pay a $1.4 million penalty for offering off-exchange event-based binary options and failing to register appropriately, underscoring that “event contracts” are not a regulatory free pass. More recently, the CFTC issued an Amended Order of Designation for QCX LLC d/b/a Polymarket US (a designated contract market), supporting an intermediated, regulated market-access model.

It is into this environment that Trillium is extending Surveyor. The firm says prediction markets trade differently from traditional markets because outcomes are binary and event-anchored (sports, elections, economic releases), with trading intensity and risk concentrating as events near resolution. Trillium says Surveyor’s new coverage supports market abuse monitoring and market integrity and follows prior platform expansions into digital assets and extended trading hours.

Melissa Watras, Director of Product at Trillium Surveyor, said: “We invest ahead of market shifts so oversight is in place before new markets scale.”

DTCC Partners with Digital Asset and Canton Network to Tokenise U.S. Treasury Securities

The Depository Trust & Clearing Corporation (DTCC) has announced a partnership with Digital Asset and the Canton Network to enable the tokenisation of assets custodied by The Depository Trust Company (DTC). Following the recent receipt of a No-Action Letter from the U.S. Securities and Exchange Commission, the initiative will allow a subset of U.S. Treasury securities to be minted on the Canton Network for the first time. DTCC intends to utilise its ComposerX platform to deliver a minimum viable product in a controlled production environment during the first half of 2026, with plans to expand based on client interest.

This collaboration aims to provide market participants, including major market makers and hedge funds, with access to digitised financial instruments within a secure, regulated framework. The adoption of tokenised securities is expected to drive operational and financial efficiencies by streamlining processes and reducing risk. Additionally, DTCC will assume a leadership role in the network’s governance by joining the Canton Foundation as co-chair alongside Euroclear, helping to define industry standards for decentralised financial

Trading Technologies Acquires Derivatives Analytics Provider OpenGamma

Trading Technologies International (TT) has announced the acquisition of OpenGamma, a specialist in derivatives margin analytics for buy-side and sell-side clients. The integration embeds OpenGamma’s margin optimisation and capital efficiency tools directly into the TT platform. This combination aims to automate trading and position transfer workflows to reduce risk and increase efficiency. The acquisition aims to allows firms to better manage margin-driven liquidity risk and maximise leverage without compromising counterparty safeguards.

The deal utilises TT’s scaled distribution capabilities to accelerate OpenGamma’s growth across the Americas, Europe, the Middle East, and Asia-Pacific regions. While OpenGamma brings established relationships with hedge funds and commodities trading firms, TT provides access to a broader pool of sell-side bank clients. Notably, the TT platform has handled over 2.9 billion derivatives transactions in 2025 thus far. Financial terms of the transaction were not disclosed.

DTCC Subsidiary Receives SEC No-Action Letter to Tokenise Real-World Assets

The Depository Trust & Clearing Corporation (DTCC) has announced that its subsidiary, The Depository Trust Company (DTC), has received a No-Action Letter (NAL) from the U.S. Securities and Exchange Commission (SEC). This authorisation permits DTC to offer a service tokenising real-world, DTC-custodied assets within a controlled production environment. The initiative will apply to specific highly liquid assets, including the Russell 1000 companies, ETFs tracking major indices, and U.S. Treasury securities. DTC anticipates rolling out the service in the second half of 2026, with the NAL authorising operations on pre-approved blockchains for a three-year period.

Under this framework, the tokenised assets will retain the same entitlements, ownership rights, and investor protections as traditional assets. Supported by DTCC’s ComposerX suite, the service will operate across approved Layer 1 and Layer 2 providers to facilitate greater asset mobility, decentralisation, and programmability. This move aims to bridge traditional finance (TradFi) and decentralised finance (DeFi) by creating a single pool of liquidity. DTCC intends to release further details regarding onboarding requirements and wallet registration in the coming months.

Beeks Financial Cloud Group Enters Strategic Agreement with nuam to Deploy Exchange Cloud in Latin America

Beeks Financial Cloud Group PLC has announced a strategic agreement with nuam, the regional holding company that integrates the stock exchanges of Santiago, Colombia, and Lima. Under this partnership, Beeks will deploy its flagship Exchange Cloud service, a turnkey, fully managed multi-tenant compute and analytics stack. This collaboration supports nuam’s position as the first multi-country integrated exchange in Latin America, allowing the organisation to onboard domestic and international trading participants under a revenue-sharing model.

By leveraging the Beeks platform, nuam will deliver low-latency, secure infrastructure to market participants across Chile, Peru, and Colombia. The solution is designed to streamline the onboarding process for regional and global firms, enhancing market accessibility and supporting liquidity through faster market entry. This deal represents Beeks’ fifth new exchange client in 2025, indicating continued adoption of the Exchange Cloud platform by global exchanges seeking to improve infrastructure efficiency and reduce time-to-market.