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Glossary
Blockchain

Distributed ledger technology that maintains a continuously growing list of records (blocks) linked and secured using cryptography. Each block contains a timestamp and link to the previous block, creating an immutable chain. This decentralized system eliminates the need for trusted intermediaries by allowing network participants to verify transactions independently
Blockchain News
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DBS, OCBC, and UOB complete domestic tokenised deposit transaction

Using Swift’s ledger, the initiative aimed to demonstrate how shared-ledger technology can support round-the-clock interbank payments past TradFi processing windows
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Algorand chooses Herkelrath as new CEO

William Herkelrath joins from AI-first automation platform K3 Labs, replacing the departing Staci Warden, who leaves after almost five years with the firm
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Laurette to lead institutional sales in Europe for OpenZeppelin

Olivier Laurette joins the blockchain security and developer tools firm from Dedge Security, where he spent just under a year as a senior business development executive
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Coincheck Group and DFNS form Japan-based partnership

DFNS’s wallet-as-a-service capabilities will be deployed to support Coincheck’s Japanese subsidiary across transaction lifecycle management, workflow orchestration, and governance controls, among others
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D’Souza joins Kaleido as head of business development for MENA

Bryan D’Souza leaves R3 after seven years, where he most recently served as institutional growth lead with the Middle East and North Africa
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Ang joins TRM Labs as APAC head of policy

Ziqing Ang will work with regulators, policymakers, law enforcement, and private institutions across the region to advance efforts against illicit networks and strengthen threat response
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Mirae, Citi, and OSL launch tokenised covered call ETF

The Global X HSCEI Covered Call Active ETF, which references the Hang Seng China Enterprises Index, is the first instance of a Hong Kong call ETF introducing a tokenised unit class
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Caplight to provide independent pricing for Citi DDR product

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