financial-infrastructure
6 stories related to this topic, newest first.
indianexpress.comSEC Approves Paxos to Clear and Settle Securities Transactions
The U.S. Securities and Exchange Commission granted Paxos approval to clear and settle securities transactions. The decision marks the first such approval for a blockchain-native firm.
CoinDeskJefferies Projects Crypto and Blockchain Listings at $1 Trillion Market
Investment bank Jefferies forecasts a wave of crypto and blockchain public offerings over the next two years. The bank estimates the sector could become a $1 trillion public market within five years.
CoinDeskU.K. Regulators Outline Roadmap for Tokenization and Extended Settlement Hours
The Bank of England and Financial Conduct Authority released plans for tokenization in wholesale markets and a phased move toward near-continuous settlement. The proposals seek public feedback and include changes to CHAPS and RTGS systems.
manilatimes.netAnchorage Digital and Grupo Salinas Partner on Cross-Border Stablecoin Settlement
Anchorage Digital and Grupo Salinas announced a partnership to enable cross-border settlement using federally issued stablecoins. The collaboration aims to facilitate faster and more efficient transactions between the United States and Mexico. The companies stated the initiative…
usethebitcoin.comDigital Asset Holdings Seeks $300 Million at $2 Billion Valuation
Digital Asset Holdings, the company behind the Canton Network blockchain, is seeking about $300 million in a funding round led by a16z crypto at a roughly $2 billion valuation. The round, advised by investment bank FT Partners, is expected to close in the coming weeks. It follows…
ftfnews.comOndo Finance, JPMorgan, Mastercard and Ripple Pilot Cross-Border Redemption of Tokenized Treasury Fund on XRP Ledger
The transaction settled in under five seconds outside traditional banking hours through a pilot involving JPMorgan’s Kinexys, Mastercard and Ripple. It marks the first time tokenized U.S. Treasuries have moved across borders and banks in near-real time. The pilot was announced on…