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Ahead of Tokenised Securities Trading, NYSE Expands Roster of Authorised Transfer Agents
In preparation for the launch of its tokenised security trading platform and affiliate venue, the New York Stock Exchange (NYSE) has expanded the roster of companies authorised to provide transfer agent services for digital assets. Joining Securitize and tZERO, which have already entered into agreements with the NYSE, are Broadridge Financial Solutions, Computershare, Equiniti and…
Ripple and BNY Expand Partnership to New Blockchain Use Cases, Including Tokenised Trade Finance
Ripple and BNY have expanded their strategic partnership to broaden institutional digital asset custody capabilities and explore new blockchain use cases, including tokenised trade finance. Building on BNY’s existing role as the primary reserve custodian for Ripple’s stablecoin (RLUSD), BNY’s Digital Asset Custody platform now supports both XRP and RLUSD. This integration allows eligible institutional…
Texture, Obsidian Announce Tradecraft ATS on Canton Network
Broker-dealer Texture Capital and financial systems developer Obsidian Systems have announced the development of Tradecraft ATS, which is set to become the first US-regulated trading platform for tokenised securities built on the Canton Network. While Canton already supports asset issuance and settlement, this new venture introduces a fully regulated venue specifically designed for trading. Tradecraft…
J.P. Morgan’s Kinexys Expands JPM Coin to Ethereum
J.P. Morgan has officially launched its JPM Coin on Ethereum , expanding the availability of its digital cash solution to the world’s largest Layer 1 public blockchain network. The expansion is spearheaded by Kinexys by J.P. Morgan, the banking giant’s dedicated blockchain business unit, and T=the move aims to provide institutional clients with broader, native on-chain cash liquidity that…
OKX Raises Funding at $25 Billion Valuation
Digital assets exchange OKX has raised new funding at a $25 billion valuation from stablecoin issuer Circle, payments service Ripple and Standard Chartered’s investment arm, SC Ventures. “Through strategic investment and partnership, OKX is aligning some of the most critical builders of financial infrastructure behind its vision for the next generation of on-chain markets,” OKX…
Solana Foundation and Samsung Bring USDC to 82 Million Users This Month
The Solana Foundation has announced that Samsung Wallet and Samsung Pay will support stablecoins on Solana. Samsung Wallet users in the United States will be able to send money using Circle’s USDC by month end. Some 82 million US Galaxy device users will be able to send a remittance from the same wallet interface they already use for cards, boarding passes and IDs,…
Securitize Taps Solana, Jump and Others for Launch of On-chain US Equities
Securitize has launched Securitize Stocks bringing prominent US equities on chain for eligible investors in the US, EU and other permitted global jurisdictions. The tokenised asset platform, which accounts for around $5 billion in assets under management, designed the new securities to provide direct 1:1 backing by underlying shares, preserving traditional investor protections, dividends, and…
Fiserv Launches Digital Asset Platform and Support for Roughrider Coin
Global payments provider Fiserv has officially launched its Digital Asset Platform (DAP) with financial institution clients, marking the initial commercialisation of stablecoin-enabled banking and payments for the vendor. The platform’s first live deployment supports Roughrider Coin, a US dollar-backed stablecoin developed for the Bank of North Dakota. This digital currency is specifically designed to optimise and accelerate…
OKXICE Joint Venture to Launch TSV for US-listed Equities
OKXICE, the recently formed 50-50 joint venture between Intercontinental Exchange and crypto market OKX, has filed to launch a round-the-clock Tokenised Securities Venue (TSV) under the US Securities and Exchange Commission’s new five-year “Innovation Exemption.” When authorized, the platform will list more than 60 major US-listed equities, distinguishing itself by offering tokens designed to represent direct…
Open USD is Live: Consortia-managed Stablecoin Looks to Remake Internet Finance
The Open USD (OUSD) stablecoin is officially live as of September 30, marking a shift in the digital asset landscape by introducing an open-architecture stablecoin designed to compete directly with traditional, single-issuer models, such as Tether and Circle. Announced earlier this year, OUSD is issued by Stripe’s Bridge unit and is operated by the independent Open Standard…