Latest Blockchain News: Finextra Research

DBS: Central banks 'troubled and intrigued' by expansion in digital currency

DBS describes the growth of digital currency as both fascinating and daunting in a new research paper, 'Digital Currencies: Public and Private, Present and Future'.

17 August 2020

Company update/wholesale

Envoy Group appoints new advisors

Envoy Group has appointed three new advisors to its team as it approaches the pilot phase of its trade finance platform and the launch of the NVOY token. Each advisor comes from the world of commercial banking or a Fortune 100 company, bringing valuable experience and energy with them.

17 August 2020

News/markets

BondEvalue conducts first blockchain-based bond trade for the masses

Singapore-based fintech BondEvalue has conducted the first trades on its blockchain-based debt trading platform, providing retail investors with access to fractional ownership of bonds in smaller denominations of $1000.

12 August 2020

News/people

Goldman puts McDermott in charge of digital assets team

Goldman Sachs is stepping up its efforts in the crypto and blockchain space, making Mathew McDermott, a managing director at the bank, global head of digital assets and giving him the green light to double his team's headcount, according to CNBC.

07 August 2020

Company update/markets

ASX set to move into industry-wide testing of blockchain-based settelement system

Over 90% of CHESS users can meet the proposed go-live date of April 2022; ASX now reviewing consultation feedback.

06 August 2020

News/regulation

Regtech kompany raises €6 million

Business verification and KYC regtech kompany has raised almost €6 million in a funding round led by Fairway Global Investment together with Global Brain.

05 August 2020

Company update/markets

Reale Mutua issues digital surety on blockchain

Digitalisation and innovation are two key elements in the strategy of Reale Group which, just in these days, has issued its first fully digital surety bond, as part of the national project "Fideiussioni Digitali" promoted by CeTIF, SIA and Reply, in collaboration with Banca d’Italia and IVASS.

05 August 2020

Company update/crypto

Zilliqa appoints crypto custody service Onchain Custodian to secure assets

Zilliqa, the high-performance and high-security blockchain platform, announced that it has selected Singapore-based crypto custody service Onchain Custodian to secure its network’s assets.

30 July 2020

News/payments

BofE picks Accenture for RTGS rebuild

Accenture has won a deal with the Bank of England to help build the UK's new real-time gross settlement (RTGS) service.

30 July 2020

News/wholesale

Malaysian exchange trials blockchain bond platform

Bursa Malaysia is developing a proof-of-concept (POC) for a blockchain-based bond trading venue.

30 July 2020

Company update/wholesale

Injective Protocol secures funding for decentralised derivs exchange

Injective Protocol, a fully decentralized derivatives exchange protocol, has raised $2.6 million dollars in a seed funding round led by Pantera Capital with participation from world renowned institutional investors including QCP's investment arm QCP Soteria, Axia8 Ventures, and OK's strategic investment partner K42.

29 July 2020

News/markets

Israeli stock exchange preps blockchain-based securities lending platform

The Tel-Aviv Stock Exchange (Tase) is gearing up to launch a blockchain-based securities lending platform.

28 July 2020

Company update/sustainable

Fasset launches OS for ethical blockchain financing

Fasset, a UK-headquartered fintech company, has launched the world’s first comprehensive operating system dedicated to the ethical financing of sustainable infrastructure on the Ethereum blockchain.

28 July 2020

News/sustainable

Coordinating ESG solution ideation for investment and asset management

In June 2020, Finextra Research welcomed industry experts to Sustainable Finance Live, the first virtual interactive workshop to discuss how financial services firms and technology companies can achieve the UN’s Sustainable Development Goals (SDGs) by 2030.

27 July 2020

News/crypto

Eftpos Payments Australia to test stablecoin for micropayments

Eftpos Payments Australia is collaborating with distributed ledger company Hedera Hashgraph on a project to test the feasibility of a digital Australian dollar stablecoin for micropayments.

23 July 2020

Company update/crypto

SBI takes 10% stake in Nomura/NRI blockchain unit Boostry

Nomura Holdings, Inc. today announced that it has signed a memorandum of understanding (MOU) with Nomura Research Institute, Ltd. (NRI) and SBI Holdings, Inc. (SBI) to transfer a portion of the shares it owns in BOOSTRY Co., Ltd., Nomura’s joint venture1 with NRI, to SBI. After the share transfer, Nomura will own 56%, NRI 34% and SBI 10% of BOOSTRY’s shares.

23 July 2020

News/markets

Standard Chartered invests in post-trade FX platform Cobalt

Standard Chartered has invested in foreign exchange (FX) post-trade infrastructure provider Cobalt, joining Citi as the second client-side backer of the blockchain-based network.

23 July 2020

News/retail

Ant Group creates new blockchain-based technology unit

Chinese giant Ant Group has unveiled AntChain, a new technology brand for the financial firm's blockchain platform that also aggregates other digital technologies including AI, Internet of Things (IoT) and secure computation.

23 July 2020

Company update/crypto

SETL supports IZNES in BdF CBDC experiment

London based blockchain company, SETL, is supporting the IZNES consortium in the BdF experiment with CBDC. The consortium comprises IZNES, SETL, Citi, Caceis, and DXC.

22 July 2020

News/wholesale

SMBC joins Contour and Komgo as Covid-19 propels digital trade

Sumitomo Mitsui Bank Corporation SMBC is stepping up its involvement in blockchain-based trade finance networks, joining Singapore-based Contour and Swiss platform Komgo.

21 July 2020