Digital Assets in Focus

Broadridge's Distributed Ledger Repo platform processed $362 billion in average daily volume in May, Marex onboards onto Deribit, ClearBank Europe partners with Bybit EU and Goldman Sachs, Apex Group and Archax back the launch of blockchain-native real estate fund.

The U.S. Federal Reserve considers opening up Master Accounts for Non-Bank Financial Institutions, the EU's Commission Considers MiCA 2.0, the U.S. DTCC Partners with Stella, and Quivalis Euro Stablecoin Consortium Swells to 37 Banks.

Edition 20 of DAIF features progress and timelines around delivery of the DTC’s tokenisation service. Plus, the NYSE has formally proposed rule changes to enable trading of securities in tokenised form, and SIX has received approval from FINMA to merge its digital and traditional asset services.

Edition 19 of DAIF includes a stark warning from BIS that the largest crypto platforms must now act like banks, plus there’s been lots of action in the UK market with the government announcing regulation designed to provide crypto clarity, while Coinbase has listed its first GBP stablecoin. 

Edition 18 of DAIF includes news that Nasdaq has received SEC approval to integrate blockchain-based digital tokens directly into its core equity markets for the first time, while the NYSE has signed an MoU with Securitize to build a native on-chain platform designed for 24/7 trading and instant settlement, effectively decoupling from legacy clearing systems.

Edition 17 of DAIF includes news that the SEC and CFTC will work together to regulate crypto, while the SEC has also issued guidance on the definition of digital securities and approved NASDAQ for tokenised trading.

Edition 16 of DAIF features a number of moves by big US organisations to grow and streamline the use of digital assets, including Nasdaq’s strategic partnership with Seturion, and the Fed’s announcement that US banks can now treat tokenised securities as equivalent to conventional securities for capital.

Edition 15 of our packed newsletter features LSEG’s creation of a digital securities depository (DSD), LMAX’s new Omnia Exchange, and news that xStocks is now available to trade on Deutsche Börse-backed 360X. Plus, Standard Chartered and B2C2 have partnered to widen institutional access to digital assets.

Edition 14 of our newsletter includes further recognition of DLT-based assets as collateral, stablecoin launches in the US and UAE, and more movement around the regulation of digital assets.

Edition 13 of our newsletter includes news on BNY’s extension of its digital cash capabilities for institutional clients, State Street’s launch of a new digital asset platform, and LSEG’s launch of its digital settlement service.