Proxymity closes $36m Series C funding round
Mitsubishi UFJ Trust and Banking Corporation joins as a new investor in the fintech, with new funds to further build out the firm’s tech and geographic reach.
Technology
Custody
State Street’s big Q2 included $1 trillion in new AUC/A wins and a record pipeline
Ron O’Hanley, CEO of State Street highlights strong pipeline and evolving digital asset plans: “We need to be there – first as a servicer, secondly as a bank.”
Northern Trust and Swift start tokenised finance project in Australia
Pilot aims to demonstrate integration of digital assets with traditional banking infrastructure.
HSBC joins UK digital securities sandbox
Approval enables testing of digital issuance, trading and settlement under live regulatory conditions
SIX and Pictet conclude pilot on tokenised bonds
Project explores digital infrastructure to support customised portfolios and new mutual fund models.
HSBC, ADX and FAB partner on MENA’s first DLT-based digital bond listing
First Abu Dhabi Bank issues digital bond to be listed on ADX, leveraging the HSBC Orion platform.
ECB outlines plans to settle DLT transactions using central bank money
European Central Bank (ECB) commits to distributed ledger technology settlement plans with dual-track strategy including link with TARGET Services by Q3 2026.
BBH enhances its corporate actions platform
InfoAction platform upgrades are aimed at increasing transparency into corporate actions processing.
Digital Asset raises $135m from backers including BNP Paribas, DTCC and Goldman Sachs
Fintech aims to put funding towards accelerating the adoption of Canton Network, a privacy-enabled interoperable blockchain network designed for institutional assets.
Cleaning out the notebook: Key takeaways from The Network Forum in Madrid
Global Custodian looks back over the key talking points from an informative few days in the Spanish capital.