TradingTech Insight Digital Assets, DLT & Blockchain The latest content from across the platform
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…
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…
Archax and TradingStack Partner to Support FIX Connectivity for Digital Assets
Archax, the regulated digital asset platform, are partnering with TradingStack.io to offer FIX access to cryptocurrencies and tokenised real-world assets (RWAs). This initiative allows traditional financial institutions to access Archax’s Primary and Secondary markets using the same connectivity, workflows, and messaging standards they already rely on for equities, FX, and derivatives. By utilising the industry-standard…
Kraken Selects Avelacom to Provide High-Performance Trading Connectivity
Avelacom has been chosen by Kraken to provide high-performance network connectivity, aiming to enhance execution quality for clients. Starting immediately, trading firms can access Kraken’s matching engine through Avelacom’s optimised low-latency routes. This integration enables institutions to receive real-time market data and execute orders rapidly, supporting latency-sensitive strategies such as multi-venue liquidity and cross-exchange arbitrage….
Digital Asset Completes Second Round of Canton Network Transactions with Financial Consortium
Digital Asset, in collaboration with a consortium of leading financial institutions including Bank of America, Societe Generale, and Tradeweb, has successfully completed a second series of transactions on the Canton Network. This initiative builds upon the initial on-chain US Treasury financing pilot conducted in July. The latest activity involved five coordinated transactions, marking a significant…
Digital Asset Secures Strategic Investment from BNY, iCapital, Nasdaq and S&P Global
Digital Asset has received a new strategic investment from major financial institutions, including BNY, iCapital, Nasdaq and S&P Global. This funding supports the continued development of the Canton Network, a privacy-enabled blockchain designed to facilitate the convergence of traditional finance and decentralised finance. The collaboration highlights a wider industry shift towards an “AllFi” future, combining…
Kraken and Deutsche Börse Group Form Strategic Partnership to Bridge Digital and Traditional Markets
Kraken and Deutsche Börse Group have announced a strategic partnership designed to create unified access across traditional financial markets and the digital asset economy. Effective immediately, the collaboration will span trading, custody, settlement, and collateral management to serve institutional clients. In the first phase, Kraken will integrate with 360T, a Deutsche Börse subsidiary, to access…
ClearToken Launches FCA-Regulated Settlement Service to Modernise Institutional Digital Asset Trading
ClearToken, the digital financial market infrastructure firm, has officially launched CT Settle, a new multi-currency settlement service designed to address the fragmentation, risk, and capital inefficiency currently challenging the institutional digital asset market. The UK-based company announced that the platform is now live, having successfully completed its first settlement cycle involving netted cryptoasset and fiat…
Deutsche Börse Group and AllUnity Sign MoU to Integrate Euro-Backed Stablecoin
Deutsche Börse Group and AllUnity have signed a Memorandum of Understanding to integrate AllUnity’s regulated euro-backed stablecoin, EURAU, into the Group’s financial infrastructure. AllUnity is a regulated e-money institute and joint venture between DWS, Flow Traders, and Galaxy. As part of this cooperation, the EURAU stablecoin will be made available for institutional-grade custody through Clearstream….
Valereum Plc Secures $200m Financing to Advance US Listing and Platform Development
Valereum Plc has secured $200m in investment-grade asset-backed financing to support its global growth strategy. This transaction represents a significant milestone, being approximately ten times larger than any previous capital raise on the Aquis Exchange. The deal is expected to close within four weeks, subject to the completion of due diligence and regulatory verification. Upon…
