The deal confers Tungsten’s licensing within ADGM — the international financial centre of Abu Dhabi — from the Financial Services Regulatory Authority to Zodia Custody
The integration allows liquid funds, asset managers, protocol foundations and treasury operations to execute trades on the Uniswap Protocol and UniswapX without leaving Anchorage Digital's platform
The use case — in which blockchain-based technology connects to Nasdaq Calypso — was developed in partnership with QCP, Primrose Capital Management, and Digital Asset
It also hopes to result in a solution to enable the settlement of OTC transactions using blockchain, as well as the atomic settlement of transactions within the DLT layer