The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor.
Calastone, a transactions network for the mutual funds industry, has now moved to its own blockchain-based settlement system.
Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters.
BitGo is launching a new clearing and settlement service, allowing off-chain transactions between clients so assets never leave custody.
India's second largest firm has completed a blockchain trial of cross-border securities settlement between two central securities depositories.
Tokenized securities hold promise, but we shouldn't overlook how hard it is to spin up new markets.
Russia’s Sberbank has settled a three-way repurchase agreement using blockchain tech, calling it a "world's first."
The Monetary Authority of Singapore and the nation's stock exchange have developed a blockchain-based settlement system for tokenized assets.
Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology.
Colt and PCCW Global have added notable new members to a blockchain trial that automates normally labor-intensive wholesale settlements.
Thailand's Siam Commercial Bank is adding two new currencies to its Ripple-based blockchain remittance platform.
An ECB research report argues for greater interoperability between DLT and traditional systems as new services come online.
Barclays has become the latest major financial institution to join the foreign exchange-focused blockchain consortium CLS.
After generating €1.1bn last year, German institutional trading network Deutsche Börse reveals a three-pillared plan to blockchain.