The digital assets exchange has been authorised by the Gibraltar Financial Services Commission for tokenised securities, advancing its broader strategy to build end-to-end infrastructure for the technology
The authorisation establishes Hfinance as a regulated Crypto-Asset Service Provider and fully aligns the firm with the EU’s comprehensive crypto-asset framework.
Citi facilitated the issuance acting as sole dealer and issuing and paying agent, and BIL, DekaBank, DZ BANK, Eurex Clearing, Union Investment, and Volksbank Mittlerer Schwarzwald participated as primary investors in the tokenised commercial paper
T7X equities is also designed to enable a broad distribution of securities, as broker-dealers can distribute it across full client networks, including accredited and non-accredited investors
Bitcoin Suisse’s regional subsidiary has been granted a Crypto Asset Service Provider licence under the European Markets in Crypto Assets Regulation by the Liechtenstein Financial Market Authority
Institutions in Brazil will gain a dedicated cross-border liquidity solution, designed to reduce constraints on the movement and settlement of funds internationally compared to TradFi banking systems
The firm has integrated BENJI in a bid to optimise and manage its treasury operations, gaining 24/7 onchain access to the yield-bearing tokenised money market fund
In collaboration with SBI Holdings and its subsidiary, SBI VC Trade, Ripple’s US dollar-pegged stablecoin will be available to Japan-based institutions through the VCTRADE platform
The terms of the new agreement mean that holders of the pound sterling-pegged stablecoin will gain the ability to purchase the full scope of tokenised real-world assets on the Archax platform