Euroclear agrees AI tie-up with Marketnode and Microsoft
Project to target automation, data analysis and tokenisation across funds and credit.
Technology
UBS, Chainlink and DigiFT collaborate to automate tokenised fund operations
Initiative approved under Hong Kong’s Cyberport Blockchain & Digital Asset Pilot Subsidy Scheme in a bid to reduce manual errors and unlock significant cost savings.
HSBC and BNP Paribas join tokenisation initiative Canton Foundation
New members follow the additions of Goldman Sachs, HKFMI and Moody’s Ratings in Q1 of this year.
BNY enters into $10 million AI initiative with Carnegie Mellon University
The launch of the BNY AI Lab is designed to push the frontiers of AI in mission-critical applications and prepare the next generation of leaders.
Custody
UniCredit partners with BNP Paribas and FNZ in securities services revamp
The securities services provider is internalising its operations and opting for a partnership with BNP Paribas in place of its previous setup with Societe Generale Securities Services in Italy and CACEIS in Germany.
Citi projects $16 trillion in tokenised assets by 2030
Survey highlights tokenisation’s shift from pilots to practice, with private markets, collateral and stablecoins driving adoption.
Digital Asset and consortium complete on-chain US Treasury Financing transaction
The transaction, which allows for on-chain financing of UST against USDC, was executed via Tradeweb and is set to pave the way for 24/7 global trading access to high quality liquidity assets.
CACEIS acquires stake in tokenisation fintech Kriptown
Investment supports development of Lise, which has applied for DLT market infrastructure approval under EU pilot regime.
Saphyre targets global expansion with new $70m investment
Injection of funds will be used to accelerate go-to-market efforts in pre- and post-trade.
EquiLend acquires Trading Apps to expand front-office offering
Deal includes TA.Link messaging tool and suite of automation-focused trading apps.