Authorisation enables SDX to go live with a fully regulated, integrated trading, settlement, and custody infrastructure based on distributed ledger technology for digital securities.
Tag: Digital assets
Deloitte report on digital assets delivers bold claims around cryptocurrencies, custody and the role of banks
Survey shows majority of market participants believe digital assets will replace fiat currencies within the next decade with custodians set for key role in the future.
Survey shows that 84% and 72% of respondents plan to develop blockchain and asset tokenisation solutions respectively.
SDX has received a draft financial market infrastructure (FMI) licence from FINMA, and it expects to receive formalisation of its licences soon.
The hire is the latest development from DTCC as it formalises a service offering for digital assets and private market securities.
The firm will use BNY Mellon for ETF services and transfer agency upon the anticipated conversion of the $22 billion fund.
State Street’s head of digital partnerships and investments joins Lukka after leading the custodian’s investment in the digital asset firm.
The new unit, State Street Digital, will be led by well-known securities services veteran Nadine Chakar, and seeks to address the industry-wide shift to a digital economy.
Overwhelming percentage believe digital assets will become dominant over time, while 63% of over 200 survey participants have already begun developing a strategy.
Jens Hachmeister, head of issuer services and new digital markets at Clearstream, outlines the group's plans to be a core market infrastructure for digital securities.