The SEC-registered yield-bearing digital security can be used as a collateral asset, designed to give institutions a greater degree of flexibility to manage capital
According to Citi, it is the first major bank to apply the digital depositary receipt model to private company shares, which will receive ongoing pricing through Caplight’s MarketPrice data feed
In collaboration with Safeheron, the programme will bring banks and regulators from multiple jurisdictions to examine cross-border interoperability, operational resilience, governance considerations, and technical evaluation
Through the partnership, StoneX Digital will leverage EDX’s trading venue and central clearing house model to deliver market structure, operational efficiencies, and access to liquidity for its clients
Institutions will be able to use the N3XT Digital Dollar to send funds to blockchain addresses outside of the bank, automate multi-party payment logic, manage liquidity, and reduce cross-border payment costs
Project Archimedes will support quantitative trading firms at different stages of growth through two programmes — the Capital Provider Program and the Interest-Free Lending Program
Broadridge’s unified governance platform will support shareholder communications and proxy voting for xStocks holders which is a tokenised equities framework developed by Payward Services
The agreement sets out a framework for Bitget to establish a legal presence in Bhutan’s GMC, prepare an application for the relevant Financial Services Licence under the regulatory framework