Standard Chartered has executed digital asset prime brokerage trades with LMAX Group,
demonstrating a digital asset intermediation model for spot Bitcoin and Ether with T+1 settlement
The BDA network has added support for five APAC currencies, allowing institutions and multinational corporations to move money and execute onchain FX between the new additions and existing rails
Institutions in Brazil will gain a dedicated cross-border liquidity solution, designed to reduce constraints on the movement and settlement of funds internationally compared to TradFi banking systems
The partnership will examine the potential use of USD CoinVertible, a stablecoin issued by SG-FORGE, to settle tokenised US dollar-denominated Negotiable European Commercial Paper
Through this expansion, the firm says the digital transfer agency solution and fund tokenisation capabilities are enhanced by Clearstream’s fund processing infrastructure and distribution reach
Over the coming weeks, FV Bank will launch a series of new applications, including unified payment collection and stablecoin powered cross border payments
State Street Bank and Trust Company and Anchorage Digital are initial investors in the GENIUS Act-aligned government money market fund, designed to support stablecoin issuance at scale
The partnership introduces an API-driven, permissioned blockchain integration that replaces manual transfer agency order processing with straight-through processing for subscriptions, redemptions, and switches