Distributed-ledger technology
Everyone wants to tokenize the assets. What about the data?
The IMD Wrap: With exchanges moving market data on-chain, Wei-Shen believes there’s a need to standardize licensing agreements.
Chicago datacenter outage forced clearers to turn away clients
Friday’s cooling system failure highlights cracks in tech and concentration risk of big CCPs.
Nasdaq’s blockchain proposal to SEC gets mixed reviews from peers
Public comment letters and interviews reveal that despite fervor for tokenization, industry stakeholders disagree on its value proposition.
Tokenization & Private Markets: Where mixed data finds a needed partner?
Waters Wrap: Reading the tea leaves, Anthony predicts BlackRock’s Preqin deal, Securitize’s IPO, and numerous public comments from industry leaders are just the tip of the iceberg.
TMX’s CEO wonders if tokenization is a ‘solution looking for a problem’
While acknowledging the potential of tokenizing securities, John McKenzie said regulators shouldn’t move too fast, and let customer demand drive adoption.
BlackRock and DRW execs bullish on tokenization potential
DRW’s Don Wilson expects every instrument to be traded on-chain in five years’ time.
Nasdaq looks to ramp up tokenized securities efforts
Nasdaq CEO Adena Friedman wants to see tokenized securities come to the US markets “in a staged process.”
Franklin Templeton’s great DeFi migration
TradFi’s money and DeFi’s tech will inevitably combine, says the asset manager’s futurist-in-residence.
Larry Fink: ‘We need to be tokenizing all assets’
The asset manager is currently exploring tokenizing long-term investment products like iShares, with an eye on non-financial assets down the road.
Paxos files to become SEC-registered clearing agency
The application comes after the blockchain infrastructure company completed a pilot in 2021 to test its settlement service.
Asic probe piles pressure on ASX to deliver Chess replacement
But market insiders think late intervention by regulators could even slow down implementation.
Deutsche Bank to debut tokenization platform in November
Dama 2 minimizes up-front hardware and infrastructure costs for firms exploring tokenization.
Fnality joins DLT-based PvP FX settlement service
Baton Systems and Osttra’s joint payment-versus-payment FX network adds central bank-backed settlement option
Standard Chartered goes from spectator to player in digital asset game
The bank’s digital assets custody offering is underpinned by an open API and modular infrastructure, allowing it to potentially add a secondary back-end system provider.
‘Barcodes’ for market data and how they’ll revolutionize contract compliance
The IMD Wrap: Several recent initiatives could ease arduous data audit and reporting processes. But they need buy-in from all parties if all parties are to benefit.
JP Morgan, Eurex push for DLT-driven collateral management
The high-stakes project could be a litmus test for the use of blockchain technology in the capital markets.
Observations and lessons to learn from the move to T+1
The next few years will see other jurisdictions around the world look to North America for guidance on transitioning to shorter settlement cycles.
Pledging the ledger: At the tipping point of blockchain networks that work together
Interest in distributed ledger technology (DLT) is gaining momentum, sparking lively debates among proponents and detractors. The key question is: which version of DLT is suitable for advancing financial markets—public/permissionless or private…
Déjà vu for common domain model
Piecemeal progress on ambitious derivatives data standard raises questions over business case
Once a blockchain cheerleader, Axoni changes its playbook
The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.
JP Morgan touts DLT, tokens for collateral management
Distributed-ledger technology could make moving non-cash collateral more efficient, said managing director Toks Oyebode during an Isda conference on Thursday.