Latest Blockchain News: Finextra Research

Stablecoin startup Membrane Finance reels in EU money licence and €2 million in seed financing

Membrane Finance, a finnish fintech building a European alternative to the USD stablecoin, has been granted an Electronic Money Licence by the country's regulator and picked up €2 million in seed funding.

07 December 2022

News/wholesale

Vanguard Australia deploys blockchain-based back office tech

Vanguard Australia has deployed Grow’s back office technology for fund administrators built on R3's Corda blockchain platform.

07 December 2022

News/wholesale

IBM and Maersk switch off TradeLens blockchain logistics platform

Maersk and IBM are to shut down the TradeLens blockchain platform for global supply chains in the face of market apathy towards the project.

30 November 2022

News/wholesale

France and Luxembourg complete CBDC experiment

The central banks of France and Luxembourg have used an experimental CBDC to settle a EUR100 million digital native bond.

30 November 2022

News/sustainable

Sustainable Finance Live: How can nature be made bankable?

How are different financial institutions approaching climate strategy and sustainable investment? The potential for sustainable investment was explored in the keynote presentation: How can nature be made bankable? by founder of ResponsibleRisk Richard Peers and CEO of sustainable investment company Mirova, Philippe Zaouati.

29 November 2022

News/markets

DBS completes repo transaction on JPMorgan's Onyx

DBS has become the first bank in Asia to conduct an intraday repo transaction on JPMorgan's blockchain network Onyx, using the US bank's JPM Coin digital token to complete instant settlements and maturity of the transactions within hours instead of the current industry norm of one to two working days.

23 November 2022

News/payments

NextGen Nordics 2023 agenda announced

NextGen Nordics will return on 25th April 2023 to Stockholm, Sweden and the timing of this event could not be better placed.

23 November 2022

News/markets

Quant and UST join forces to push tokenisation

Blockchain outfit Quant is teaming up with UST to push the adoption of institutional digital assets by offering technical integration and tokenisation services to central and commercial banks and capital markets participants.

22 November 2022

News/crypto

Want to own a portion of Warhol's Four Marilyns? Sign up with Sygnum

Digital asset bank Sygnum has tokenized an iconic Four Marilyns painting by Andy Warhol, enabling investors to stake a claim to co-onwership under the Swiss DLT legal framework.

18 November 2022

News/markets

ASX takes A$250m hit after scrapping DLT-based Chess replacement project

The Australian Securities Exchange (ASX) is pulling the plug on its much-delayed blockchain-based post-trade network, writing off about A$250 million.

18 November 2022

News/crypto

US banks launch digital asset settlement platform PoC

Some of the biggest names in the US banking industry are coming together on a proof of concept for a regulated digital asset settlement platform.

16 November 2022

News/payments

JP Morgan to open Athens payments R&D centre

Wall Street giant JP Morgan is opening a payments innovation lab in Athens as part of a wider Greek expansion.

14 November 2022

News/payments

New York Fed and MAS test wCBDC for cross border payments

The Monetary Authority of Singapore and the Federal Reserve Bank of New York are teaming up to explore the use of wholesale CBDCs for cross-border payments.

11 November 2022

News/security

TRM Labs raises $70 million

Goldman Sachs, PayPal, American Express and Citi have joined in a $70 million funding round in blockchain intelligence firm TRM Labs.

10 November 2022

News/payments

New York Fed tests wholesale CBDC for cross-border payments

The Federal Reserve Bank of New York has developed a wholesale CBDC prototype for an experiment on cross-border digital currency transactions supported by blockchain technology.

09 November 2022

News/markets

UBS launches bond traded on blockchain-based exchange

UBS has launched a CHF375 million digital bond that is publicly traded and settled on both traditional and blockchain-based exchanges.

09 November 2022

News/crypto

Gate.io launches crypto payment product

US-based Gate.io, one of the largest crypto exchanges in operation, is set to branch out into the payments sector.

07 November 2022

News/wholesale

Survey shows support for shorter settlement cycles

The majority of market participants expect the settlement cycle for equities to shorten to T+1 within the next five years, according to recently published research.

04 November 2022

News/payments

MAS targets cross-border connectivity in wholesale CBDCs

The Monetary Authority Of Singapore (MAS) is stepping up its work on cross-border foreign exchange settlement using wholesale central bank digital currency.

04 November 2022

News/payments

Standard Chartered invests in DLT-based payments venture Partior

Standard Chartered has invested in Partior, the DLT venture set up last year by DBS, Temasek and JPMorgan to challenge the cumbersome hub-and-spoke model applied to traditional cross-border payment flow.

03 November 2022