Image by Ledger Insights State Street has appointed Vanessa Fernandes to head its Digital Asset Solutions team. She spent the last two years at BNY Mellon, but most of her career at the Itau Unibanco group, latterly as CEO of Itau Digital Assets in the United States. While at Itau, she was responsible for several …
Image by Ledger Insights Yesterday Australian bank ANZ said it has joined Project Guardian, the Monetary Authority of Singapore’s (MAS) initiative exploring asset tokenization. The bank’s goal is to explore blockchain interoperability between private blockchains. ANZ’s partners in the project are ADDX, the Singapore tokenized asset marketplace, and Chainlink which has its CCIP interoperability solution. …
ANZ joins Project Guardian for blockchain interoperability 閱讀全文 »
Image by Ledger Insights In January new legislation came into force in the UK supporting a five year Digital Securities Sandbox (DSS) which temporarily relaxes some legal requirements to explore new technologies including DLT experimentation. Today the Bank of England and Financial Conduct Authority (FCA) opened applications for the sandbox. In traditional markets, trading is …
Image by Ledger Insights As part of Singapore’s Project Guardian which explores tokenization, Citi and Fidelity International have developed a solution that combines a tokenized money market fund (MMF) with an embedded digital FX swap. Conventionally, if an institution outside of the United States wants to buy a US dollar MMF, that involves currency risks. They …
Citi, Fidelity Intl combine money market fund tokenization with FX swaps 閱讀全文 »
Image by Ledger Insights The UK’s HM Treasury has confirmed plans to run a pilot for the issuance of digital gilts, UK government bonds, following leaked news earlier this week. The previous Conservative government had also planned to organize a pilot. It’s seen as an important step for UK capital markets, particularly as the UK …
UK government confirms digital gilts pilot. What’s the roadmap? 閱讀全文 »
Image by Ledger Insights Today Securitize, BlackRock’s tokenization partner, announced that BlackRock’s money market fund, BUIDL, is now available on five additional blockchains. It launched in March on Ethereum and has now expanded to Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet, and Polygon. BUIDL is the largest tokenized money market fund on a public blockchain with a market …
BlackRock expands tokenized money market fund BUIDL to five more blockchains 閱讀全文 »
Image by Ledger Insights Five banks have been working with the Monetary Authority of Singapore (MAS) to flesh out its vision of the Global Layer One (GL1) blockchain, a public permissioned blockchain network that could form the foundation of numerous applications. The five institutions are BNY, Citi, J.P. Morgan, MUFG and Societe Generale-FORGE. They will …
Euroclear, HSBC join Singapore’s GL1 public permissioned blockchain initiative – 閱讀全文 »
Today Japan’s Soramitsu announced a strategic partnership with the Nigerian Institute of Social and Economic Research (NISER), a government funded research body and think tank. The collaboration is for blockchain technology research and to develop skills and applications in Nigeria. Soramitsu is best known as the developer of Bakong, Cambodia’s very successful digital currency payment …
Image by Ledger Insights Asset manager Schroders (AUM £758bn / $1 trillion) is setting up a digital assets center of excellence in Singapore after participating in the local Project Guardian tokenization sandbox. While Singapore has been at the forefront of digital asset and tokenization innovations, it’s notable that a UK headquartered entity would choose the …
$Trillion asset manager Schroders creates digital assets hub in Singapore 閱讀全文 »
Image by Ledger Insights The Wall Street Journal reported today that Amazon and Walmart are exploring potentially issuing their own stablecoins, or failing that, using an existing one. A lot depends on the outcome of the GENIUS Act stablecoin legislation winding its way through the Senate. Another e-commerce giant mulling a digital currency is travel …
