Pharma Giant Trials IBM Blockchain in Bid to Improve Clinical Trials

news A Germany-based pharmaceutical multinational is set to trial IBM blockchain in Canada in a bid to raise the quality of clinical trials. Boehringer Ingelheim (Canada) announced Tuesday that it has partnered with IBM “to improve trust, transparency, patient safety and patient empowerment in clinical trials” using the tech giant’s blockchain platform. The firm said…

NYSE Parent ICE Anticipates Over $20 Million Spend on Bakkt This Year

news Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, estimates it will spend more than $20 million this year in building Bakkt, its bitcoin futures trading and custody platform. In an earnings call for Q4, 2018, on Feb. 7, Scott Hill, ICE’s chief financial officer, said the firm’s investment in Bakkt…

Security Tokens vs. Tokenized Securities: It’s More Than Semantics

feature Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. ————————– We need to get serious about vocabulary. The crypto sector has earned a…

2 Executives Are Leaving Blockchain Startup R3 in Management Shake-Up

news Distributed ledger technology provider R3 has carried out an extensive internal reorganization, resulting in the departure of two members of its management committee, CoinDesk has learned. Brian McNulty, a managing director and head of global services, and Lauren Carroll, chief administrative officer, are leaving the company, R3 told employees at town hall meetings Friday, according…

New Exchange Claims It Can Tokenize Shares of AirBnb, Uber, SpaceX

news Crypto startups Zilliqa and MaiCoin have teamed up to create a centralized security token exchange in Singapore that will apply blockchain technology to the trading of traditional asset classes. Announced today, Hg Exchange aims to act as a “one-stop solution” for token issuers, buyers, sellers and market makers, providing participants access to privately held…

Game of Coins: Inside the Paxos-Gemini Stablecoin Discount War

feature The rise of new stablecoins was a defining story in the second half of 2018, but the reality is that exclusive discounts partly fueled their growth. Dollar-backed stablecoins are generally supposed to be worth $1, whether it’s Gemini’s GUSD or Paxos’ PAX. But according to four sources with knowledge of these cryptocurrency exchanges, both stablecoin-issuers…

Grayscale Assures Investors: Ethereum Classic Trust Funds Not at ‘Direct Risk’

feature In the wake of a 51 percent attack on ethereum classic (ETC), the manager of an investment vehicle that holds the cryptocurrency has been fielding inquiries from investors looking to understand if the underlying assets in the fund are safe, CoinDesk has learned. On Monday, the day after the reorganization of transactions on the…

Venezuela Calls US Sanctions Against Its Petro Cryptocurrency ‘Discriminatory’

news Venezuela is pushing back against U.S. sanctions before the World Trade Organization, including ones imposed against its controversial cryptocurrency efforts. The complaint, filed late last month and published this week, addresses a number of actions taken by the U.S. in recent years, claims that the country is infringing on Venezuela’s rights under the General…

Fidelity’s Man: Can Tom Jessop Bridge Crypto and Wall Street for Good?

feature ––––––––––––––––––––––––––––––––– Everyone in cryptocurrency has a story about the time they went down the proverbial rabbit hole. Tom Jessop’s takes place in his kitchen. It was around 2013 or 2014 when Jessop, then a managing director at Goldman Sachs with two decades of Wall Street experience, became enthralled with bitcoin – at the time…

Fidelity’s Man: Can Tom Jessop Bridge Crypto and Wall Street for Good?

feature ––––––––––––––––––––––––––––––––– Everyone in cryptocurrency has a story about the time they went down the proverbial rabbit hole. Tom Jessop’s takes place in his kitchen. It was around 2013 or 2014 when Jessop, then a managing director at Goldman Sachs with two decades of Wall Street experience, became enthralled with bitcoin – at the time…