Citi unveils Custody+ offering; expects Bitcoin custody roll-out this year
‘Standing still simply isn’t an option,’ says Citi’s head of investor services, as bank prepares for hybrid future.
Technology
Northern Trust launches APIs for real-time digital connectivity in banking services
Northern Trust has launched APIs giving institutional clients real-time access to account data, with NAV Fund Services first to implement.
U.S. Bank rolls out new onboarding platform for alternative investment clients
Fenergo-powered solution aims to streamline investor onboarding and support broader private markets technology transformation.
HSBC approved for Bank of England’s digital sandbox
Bank is the first applicant to be approved for the scheme, and means the firm’s Orion platform can now operate as a digital securities depository.
DTCC goes live with landmark tokenisation platform
Service moves beyond trials following industry testing with more than 50 firms including BlackRock, Citi, Goldman Sachs, JP Morgan, Morgan Stanley and State Street.
HSBC completes first digitally native structured product issuance
Marketnode supported the transaction as tokenisation agent and digital paying agent.
Settlement
Fireside Friday with… Transcend’s Bimal Kadikar
Bimal Kadikar, founder & CEO of Transcend, discusses the firm’s recent Series B investment with 7RIDGE, its expansion into collateral, liquidity and tokenised markets, and how it is building infrastructure to bridge traditional and digital financial ecosystems through optimisation, interoperability and AI-driven capabilities.
Standard Chartered launches integrated USDC access with Circle
Service allows eligible institutional clients to mint and redeem USDC through the bank without requiring a direct account with Circle.
Clearstream processes first DLT commercial paper issuance on D7
The €77.5 million EIB issuance was arranged by Citi and marks the first use of Clearstream's D7 platform for such a transaction.
Digital asset servicing
Fireside Friday with… Standard Chartered’s Waqar Chaudry
Waqar Chaudry, global head of digital assets at Standard Chartered, discusses the bank’s push to integrate digital assets into traditional financial infrastructure, and why he believes the industry is entering a pivotal adoption phase that could fundamentally reshape capital markets.