According to the firm, the launch marks the first time a non-USD stablecoin is available on an institutional-grade trading stack across spot and derivatives
The CTD Network — built to connect traditional fund products with digital distribution channels — aims at enabling investors to access L&G’s liquidity strategies in tokenised form via blockchain enabled infrastructure
The partnership will see the firms combine their strengths across the full lifecycle of tokenised securities, spanning trading, custody, settlement, and collateral management
This partnership allows PwC UK insolvency practitioners to provide custody solutions underpinned by Zodia Custody’s secure infrastructure, designed to address the nuances of digital asset management
During the controlled pilot with Canton-enabled digital assets, HSBC simulated the transfer of tokenised deposits and the atomic settlement of tokenised deposits against other digital assets
The memorandum of understanding outlines intentions to build infrastructure designed for regulated stablecoin issuers in the region, in a bid to enable the adoption and growth of the digital currency
The Standard Chartered-backed firm will leverage the client bases of select authorised distributors to enable public access to HKDAP, offering incentives to early adoption partners developing real-world use cases for the stablecoin
The Virtual Assets Regulatory Authority’s initiative gives issuers, virtual asset service providers, and market participants a singular point of reference for the region’s issuance regime, indicative of its commitment to disclosure-led regulation
The scheme is set to provide timely and actionable cybersecurity information to eligible US digital asset firms and other industry organisations, aiming to help them better identify, prevent, and respond to cyber threats
