(Anoushka Rayner, head of growth — commodities, at Paxos, maker of a regulated blockchain and tokenization infrastructure platform, wants financial services firms to think about how their dormant assets like gold could become collateral alternatives to the U.S. dollar. Paxos officials say that their system, which offers “multilateral payment netting and simultaneous settlement for the… Read More >>
Will Blockchain Deliver on Its Promises in 2021?
I think our lead fintech news brief about Instinet and Credit Suisse completing multiple equities transactions in T+0 via blockchain/distributed ledger technology [https://bit.ly/2OwJJWJ] may have more significance than at first glance. These two major players used the Paxos Settlement Service from Paxos Trust Company, a self-described infrastructure provide, to settle U.S.-listed equities trades on a… Read More >>
Goldman Sachs Vet Joins ICAP
ICAP Fills Post for Post-Trade Development Unit Interdealer broker and post-trade vendor ICAP reports that it has appointed Stuart Connolly head of client product development for its post-trade risk and information (PTRI) division. Connolly will report to Jenny Knott, PTRI CEO, and will be based in London. His mandate is to “work with each of… Read More >>
