Natural History Museum Biodiversity Index Adopted by GIST Impact

The British Natural History Museum’s Biodiversity Intactness Index has been integrated into GIST Impact’s risk data and analytics suite of nature-focused tools.

The index, which is derived from data contained within the museum’s body of research going back decades, is used as a measure of ecosystem health by a number of data providers to help clients assess the nature-related risks and opportunities of their investments.

YZi Labs Invests in Digital Asset to Advance Institutional Blockchain Adoption

YZi Labs has participated in Digital Asset’s $135 million Series E funding round, joining established financial institutions such as Goldman Sachs, Citadel Securities, and DTCC. The investment supports Digital Asset’s development of enterprise-grade tools for regulated markets and underlines YZi Labs’ commitment to enhancing infrastructure for institutional blockchain adoption, particularly in mature markets like the U.S.

Digital Asset is the developer of the Canton Network, a public Layer 1 blockchain designed with configurable on-chain privacy. As of June 2025, Canton supports tokenised real-world assets with a TVL in the trillions, including over $1.5 trillion in monthly U.S. Treasury repo activity. The network includes nearly 400 participants and addresses key barriers to blockchain use by regulated financial institutions. The funding will aid in expanding Canton’s infrastructure, accelerating onboarding, and enabling broader interoperability across global markets.

Calero eBonding Technology Enabled to Manage LSEG Entitlements

Users of LSEG’s Refinitiv Data Platform (Hosted) will now be able to automate their entitlement interactions through Calero’s eBonding capabilities.

Calero said the integration through API will reduce the manual processes that had typified clients’ management of LSEG entitlements. Through the integration users will be able automate access requests, changes and cancellations, which had been conducted largely by email-based workflows, and “provide real-time visibility into hosted entitlements, eliminate manual errors and allow straight-through processing”.

HK Government Backs ESG Compliance Provider Diginex

ESG reporting technology provider Diginex has received funding from the Hong Kong government to expand its artificial intelligence-driven functionality to help financial institutions meet sustainability compliance obligations.

The investment of an undisclosed sum follows the company’s US$2 billion acquisition of AI-driven data management and customer engagement business Resulticks Global Companies early in June.

Diginex said its expanded AI features will streamline ESG reporting processes. It will be “jointly developed with a leading financial institution through a co-creation collaboration model promoting commercialisation and wider adoption,” the company said.

The technology is built to enable compliance with regulations based on the Sustainability Standards Board (ISSB) and International Financial Reporting Standards (IFRS) frameworks.

Blue Ocean Technologies Selects Eventus’ Validus Platform for Trade Surveillance

Blue Ocean Technologies has chosen Eventus’ Validus platform as the trade surveillance solution for its Blue Ocean ATS, the first after-hours equities trading venue. This strategic move is aimed at enhancing Blue Ocean’s surveillance capabilities, supporting its mission to offer a secure and efficient 24-hour trading environment. The platform will help the company improve monitoring of trading activity through a centralised, flexible, and scalable system.

Validus was selected for its ability to handle high volumes of data and deliver actionable insights. Its comprehensive features are expected to strengthen Blue Ocean’s reporting, operational oversight, and long-term decision-making. This partnership underscores both companies’ focus on maintaining strong risk management and surveillance standards in global trading.

CME Group to Launch FX Tape+ for Enhanced Transparency in FX Markets

CME Group has announced plans to launch CME FX Tape+ later this year, aiming to deliver centralised reference prices and a broad view of FX market liquidity. The service will consolidate data from CME’s central limit order book (CLOB) platforms, including FX futures, EBS Market, FX Spot+, and FX Link. Drawing on a network of 1,400 institutions and over 100,000 FX market participants, the initiative is designed to address fragmentation in the FX market and improve pricing transparency.

CME FX Tape+ will provide real-time reference prices derived from firm, actionable liquidity rather than indicative or curated sources. Covering 10 major currencies at launch, the system will feature a composite mid-price calculated from trades, quotes, and mid-rates across CME’s platforms. Data will be available at 250-millisecond intervals via a websocket API and historical files, enabling market participants to better benchmark trading strategies and assess execution costs.

Railbird Exchange Selects Connamara’s EP3 Platform for Newly Approved U.S. Prediction Market

Connamara Technologies has announced that Railbird Exchange will deploy its EP3 exchange platform to power Railbird’s regulated prediction market in the United States. Railbird, founded in 2021, enables users to trade on real-world event outcomes, spanning economic, entertainment, and cultural themes. The U.S. Commodity Futures Trading Commission (CFTC) granted Railbird Designated Contract Market (DCM) status on 13 June 2025, with its launch scheduled for later this year.

The EP3 platform offers Railbird a high-performance, modular system designed to meet the operational demands of regulated marketplaces. It includes features such as order matching, risk management, and market surveillance. For Connamara, Railbird’s selection reinforces EP3’s growing adoption among emerging and regulated markets, highlighting its ability to accelerate market entry and reduce operational costs.

BPX Gains FCA Authorisation for MTF, AIFM, and Crypto Services; Advances Toward Live Operations

BPX has received regulatory authorisation from the UK’s Financial Conduct Authority (FCA) to operate as a Multilateral Trading Facility (MTF), Alternative Investment Fund Manager (AIFM), Cryptoasset Exchange, and Custodian Wallet Provider. These approvals support BPX’s plan to build an institutional-grade, fully integrated marketplace for the full lifecycle of securities – including issuance, trading, and collateralised lending – covering both traditional and tokenised assets.

The company has also become the only FCA-authorised trading venue to pass Gate 1 of the Bank of England and FCA’s Digital Securities Sandbox (DSS). With regulatory permissions secured, BPX is now preparing for live operations and is engaging institutional participants ahead of its inaugural transaction. Its distributed ledger-based platform aims to enhance access and liquidity for issuers and investors by enabling scalable tokenisation and broadening capital market opportunities.

Nasdaq Integrates Blockchain Capabilities into Calypso Platform for Enhanced Collateral Management

Nasdaq has announced the integration of blockchain-based workflows into its Calypso platform via the Canton Network, in partnership with QCP, Primrose Capital Management, and Digital Asset. This initiative demonstrates how on-chain technology can enhance collateral mobility and management across all asset classes for institutional clients. The integration aims to support real-time, automated 24/7 margin and collateral operations, covering crypto derivatives, fixed income, and both exchange-traded and over-the-counter derivatives.

This development marks a step forward in Nasdaq’s drive to modernise financial infrastructure by enabling more efficient capital allocation and redeployment of collateral across markets. It aligns with Nasdaq’s broader strategy to expand its digital asset capabilities and support institutional adoption of blockchain technologies. Calypso’s expanded functionality now bridges traditional finance with digital markets, positioning Nasdaq to meet the growing demand for capital efficiency in an always-on global financial system.

Wedbush Securities Enhances Trading Infrastructure with Rapid Addition’s Cloud-Ready Platform

Wedbush Securities has adopted a cloud-ready platform from trading technology provider Rapid Addition to upgrade its trading infrastructure. This integration supports multi-asset class trading, improves risk management, and streamlines post-trade operations, aligning with Wedbush’s commitment to innovation and high client service standards.

The platform helps unify front and middle-office processes, offering greater efficiency and scalability. It positions Wedbush to respond more quickly to client needs and adapt as business demands grow. The collaboration also paves the way for future developments, including expanding into new asset classes and workflows.

“This expansion underscores our focus on being a technology-first firm that our clients can rely on – not just today, but as markets evolve,” Rodrigo Parrode, EVP, Chief Operating Officer at Wedbush Securities, tells TradingTech Insight. “By adopting cutting-edge infrastructure like Rapid Addition’s platform, we’re ensuring that our clients benefit from faster execution, smarter workflows, and the kind of responsive, always-on service that defines our commitment.”