BNY among investors in fresh Digital Asset funding round
New backing highlights institutional momentum behind the Canton Network.
New backing highlights institutional momentum behind the Canton Network.
Former BNY asset servicing chief Roman Regelman is spearheading FNZ’s efforts to evolve beyond just its wealth-tech roots through its cloud-native post-trade infrastructure as it targets modernisation across the full value chain.
The two organisations aim to support investors as they manage increasingly complex cross-border requirements.
The investment management giant has also invested in the fintech to support the firm’s next phase of growth.
Backed by Google Cloud technology, the platform will initially be rolled out into the international market and available to issuer clients of Clearstream Banking.
Expansion builds on UAE launch to cover custody and trading across new markets.
Report proposes guidance and rule changes to accelerate adoption of distributed ledger technology (DLT) in the funds space.
Institutional investors are moving beyond experimentation to execution, as tokenisation and AI reshape investment strategies, notes State Street’s latest study.
Landmark development has seen event creation reduced from hours to minutes, with the technology currently being rolled out in North America and extended to the rest of Citi’s custody network by 2026.
The new platform aims to lower barriers to entry and streamline processes for wealth managers, banks and distributors looking to access private markets.