Capital Markets

Wall Street

The End of the First Crypto Decade

Investments veteran Massimo Morini believes the end of 2018 is not the end of a year, but a decade, that changed the world of finance.

Business  ·  30 December 2018
Digital Assets

Asset-Backed Securities: Entering the Crypto Conversation in 2019

There's a growing consensus that DLT supports the credit sector's digital transformation goals, says Charlie Moore of Global Debt Registry.

Business  ·  26 December 2018
IPOs

Miner Maker Ebang Reports ‘Significant’ Profit Drop in New IPO Filing

Crypto miner maker Ebang has refiled its draft IPO prospectus in Hong Kong, indicating a downturn in business in Q3.

Business  ·  21 December 2018
Exchanges

OKEx Launches No-Expiry Bitcoin Derivative Product

Crypto exchange OKEx has launched a new bitcoin derivative product called a "perpetual swap," that lets traders hold positions indefinitely.

Business  ·  19 December 2018
Security Tokens

Overstock’s tZERO to Develop a Cobalt-Backed Token for Hong Kong Investor

The engagement could lead to the tokenization of up to $200 million worth of cobalt, which is used to make electric vehicle batteries, in 2019.

Business  ·  17 December 2018
Exchanges

SeedCX Exchange Is Barring Employees from Crypto Trading

Seed CX has one of the crypto industry’s strictest policies on employee trading. In a word: Don’t.

Business  ·  14 December 2018
Russia

Russia’s Sberbank Uses Smart Contract to Settle Three-Way Repo Deal

Russia’s Sberbank has settled a three-way repurchase agreement using blockchain tech, calling it a "world's first."

Business  ·  7 December 2018
Europe

4 Banks Complete €100K Commercial Paper Transaction on R3’s Corda

Four European banks, including Commerzbank and ING, have settled a live commercial paper transaction worth €100,000 on R3's Corda blockchain.

Business  ·  6 December 2018
News

Funds Network Calastone to Roll Out Blockchain Settlements in 2019

Calastone, the U.K.-based operator of a transactions network for investment funds, is moving settlement to a blockchain by May 2019

Business  ·  3 December 2018
Regulation

Bitcoin ETF Seekers Met With SEC Monday In Latest Pitch for Approval

VanEck, SolidX and Cboe met with SEC staff on Monday to demonstrate how the bitcoin market is ready for an ETF.

Policy & regulation  ·  30 November 2018
Ethereum

ConsenSys Backs $2.1 Million Funding Round for Ethereum Privacy Startup

ConsenSys Labs has led a $2.1 million seed round for AZTEC, a startup working to make ethereum transactions private.

Business  ·  29 November 2018
Commodities

Blockchain Oil Trading Platform Backed by Shell and BP Is Now Live

A blockchain platform built by a group of major firms to bring new efficiencies to energy commodities trading has gone live.

Business  ·  29 November 2018
Exchanges

Coinbase Quietly Opened Its OTC Crypto Trading Desk This Month

U.S.-based cryptocurrency exchange Coinbase opened its over-the-counter (OTC) crypto trading desk this month, Cheddar reports.

Business  ·  28 November 2018
Banks

Goldman, Morgan Stanley Go Live With CLS’ IBM-Powered Blockchain

CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in development.

Business  ·  28 November 2018
Nasdaq

Bloomberg: Nasdaq Still Planning Bitcoin Futures Launch in 2019

Stock exchange operator Nasdaq is sticking with plans to launch bitcoin futures contracts early next year, say Bloomberg sources.

Business  ·  27 November 2018