HADC has received authorisation from Germany’s financial regulator BaFin under the new EU Markets in Crypto-Assets Regulation and has completed the SDC transaction in collaboration with DZ Bank
The firms say this collaboration will advance digital solutions for cross-border payments, improve RWA token market infrastructure, and foster regulatory-compliant innovation
Following an approval from the Financial Industry Regulatory Authority, the broker-dealer adds correspondent clearing, fixed income prime brokerage, and securities lending to its offerings
Mutual clients will be able to connect via Pirum services to fully automate margin calculation, agreement, and instruction, as well as collateral management and optimisation