Symbiont, a new startup that aims to streamline financial markets by marrying them with Blockchain technology, unveiled its flagship Smart Securities platform on Tuesday. The company will be competing with a number of other start-ups offering Blockchain-based platforms for trading, clearing and settling securities, but Symbiont’s executives say their long history working with Bitcoin will… Read More >>
Deutsche Bank Is the Latest to Explore Blockchain
Deutsche Bank is actively exploring Blockchain technology and expects it to have a big impact on the financial markets in the years ahead, according to a letter sent by the bank to a European regulator. The European Securities and Markets Authority (ESMA) is currently exploring how it will regulate digital currencies, reports Coindesk, and the… Read More >>
SETL Jumps Into Blockchain Race
There’s a new contender in the race to bring Blockchain technology to bear on the financial world’s post-trade infrastructure. SETL, a new startup, announced Monday that it plans to begin marketing a multi-asset, multi-currency institutional payments and settlements infrastructure based on Blockchain technology. The venture is led by Peter Randall, who made a name for… Read More >>
Ex-CFTC Chairman Joins BitFury Advisory Board
BitFury Group, a Bitcoin blockchain infrastructure provider and transaction processing company, has added James Newsome, the former chairman of the CFTC and former CEO of the New York Mercantile Exchange (NYMEX) and Hernando de Soto, the president of the Institute for Liberty and Democracy (ILD), to its advisory board, officials say. The company has also… Read More >>
Nasdaq Embraces a Disruptive Blockchain Initiative
The Nasdaq Stock Market has announced it will soon use blockchain technology – the decentralized ledger system that powers cryptocurrencies like Bitcoin – to facilitate the management of a special private equity securities service, the latest indication that the hype surrounding blockchain isn’t all hot air. Interestingly, centralized exchanges like Nasdaq have long been identified… Read More >>
How Bitcoin’s ‘Blockchain’ Could Shake Up Ops
Swiss bank UBS recently established a FinTech innovation lab that will primarily focus on investigating the applications of cryptocurrency Bitcoin’s underlying technology to the financial services industry. The move is the latest step in what industry observers see as the clear-eyed and widespread acknowledgement by large financial services firms of the technology’s disruptive potential, particularly… Read More >>
