FX settlement provider CLS has added three major investment banks to its blockchain-based netting platform, with nine institutions now live on the service.
Axoni has launched its distributed ledger network for equity swaps, with Citi and Goldman Sachs among the first to adopt the platform.
The partnership between HSBC, SGX and sovereign wealth fund Temasek marks the first end-to-end digitisation effort focusing on the Asian bond markets.
Paxos has been given the green light to launch its blockchain-based settlement service for certain broker-dealers, including Credit Suisse and Societe Generale.
Alex Knight spent 18 years with Citi, most recently heading up global sales and client coverage of the bank’s FX prime brokerage.
Project saw cash and securities tokens swapped for settlement using DLT, and tokenised cash used as collateral for margin requirements.
SETL has unveiled testing environment for firms to engage with blockchain technology in a sandbox environment.
ASX, Digital Asset and VMware are looking to extend the use of blockchain technology in financial services in Australia and New Zealand.
Bryan D’Souza joins R3 from Societe Generale where he has worked for the past seven years in various trading technology roles.
Company founded to lead the Utility Coin Settlement project has made three senior hires as it moves forward with initiative.