Investors Can Now Trade Ether and British Pounds on the Same Blockchain

feature A team of former Royal Bank of Scotland (RBS) engineers is bringing trading and settlement of digital assets, including cryptocurrencies, to a private blockchain network originally developed for enterprise.   Revealed exclusively to CoinDesk, London-based LAB577, led by ex-RBS innovation lead Richard Crook, is rolling out its first platform offering, the Digital Asset Shared Ledger…

TrueDigital Expands Distribution of Its Bitcoin and Ether OTC Reference Rates

news Institutional digital assets platform trueDigital Holdings has signed two new distribution deals to expand the reach of its over-the-counter (OTC) reference rates for bitcoin (BTC) and ether (ETH). Announcing the news on Monday, trueDigital said that it has partnered with Kaiko, provider of cryptocurrency market data, and Inca Digital Securities, a data aggregation and…

CoinMarketCap Crypto Indices Launch on Nasdaq, Bloomberg, Reuters

news Two cryptocurrency benchmark indices from data provider CoinMarketCap will launch today on financial data feeds from Nasdaq Global Index Data Service (GIDS), Bloomberg Terminal, Thomson Reuters Eikon (Refinitiv) and Germany’s Börse Stuttgart, as well as on its own platform. CoinMarketCap announced the news Wednesday, saying that the benchmark indices will be the “most comprehensive”…

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…

Tokenized Securities: Curb Your Enthusiasm

opinion 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.  With so much buzz around tokenized securities, compounded by strong progress…

Bitcoin ETF Seekers Met With SEC Monday In Latest Pitch for Approval

Members of VanEck, SolidX and the Cboe BZX Exchange met with U.S. Securities and Exchange Commission (SEC) staff earlier this week to present a new argument on why the bitcoin market is ready for an exchange-traded fund (ETF). In the latest push to convince the regulator to approve a rule change which would open the door…

Crypto Exchange-Traded Product to Launch on Swiss Stock Exchange

NEWS Switzerland is to see the launch of the first ever exchange-traded product (ETP) tracking multiple cryptocurrencies. As reported in the The Financial Times on Saturday, the country’s principle stock exchange, Six, has given the go ahead for the ETP, which is called the Amun Crypto ETP and will go by the ticker symbol “HODL.” Trading will…

DeVere Group Targets Arbitrage With New Crypto Fund

U.K.-based financial advisory firm deVere Group, which says it has over $10 billion under advice and management, has launched an actively managed cryptocurrency fund. Announced in a press release Thursday, the new investment offering, called deVere Digital Asset Funds, is being launched in partnership with Dubai-based hedge fund manager Dalma Capital Management. The fund will…