Richard Clark has joined Zodia Custody as head of sales & partnerships. Zodia Custody, which is registered in the UK by the FCA as a crypto asset business, is owned by Standard Chartered in association with Northern Trust. Clark previously spent 15 years at Merrill Lynch.

Torstone Technology, the UK-based SaaS platform for post-trade securities and derivatives processing and risk management, has appointed Yasuaki Hayashi as senior Japan representative, based in Tokyo. Hayashi-san joins from Interactive Brokers, where he was head of Japan, having helped to establish the firm’s Japanese business in 2008.

IQ-EQ, the Luxembourg-based investor services provider, has been appointed by central European real estate developer SITNO HOLDING Real Estate (SHRE) to provide support services for the launch of its first Luxembourg-domiciled real estate fund. The SHRE SITNO Adriatic Investment Fund, which is targeting a raise of EUR100m (USD107m), will invest in eight real estate development…

RBC Investor & Treasury Services has been selected by Tradex Management Inc. to provide back-office services, including custody, fund accounting, securities lending and transfer agency. Tradex, a fund manager based in Ottawa, has exclusively supported the investment needs of public service professionals and their families since 1960. Blair Cooper, president and CEO of Tradex, said:…

Arizona State Retirement System (ASRS) has returned to BNY Mellon as asset servicing provider for the USD49.1bn ASRS Trust Fund. BNY Mellon will provide custody, alternative asset servicing, overnight investment vehicles, securities lending, performance analytics and investment compliance monitoring for the fund, which serves employees of the state, counties, municipalities, universities, community colleges, school districts,…

K2 Asset Management has appointed State Street Australia Limited as the fund administrator in Australia for the Cosmos Purpose Ethereum Access ETF (Cboe: CPET). CPET’s underlying asset is the Purpose Ethereum ETF which is managed by Purpose Investments and quoted on the Toronto Stock Exchange. The Purpose Ethereum ETF has been established to buy and…