Category: Alts

Exberry, a provider of exchange technology, has partnered with Digital Asset and Baymarkets to launch exchange infrastructure with central counterparty clearing functionality. This partnership will enable new digital asset marketplaces to launch on a fully compliant, end-to-end exchange platform encompassing registry, custody, trading, matching and clearing services. The updated end-to-end exchange architecture features Clara, the…

Ocorian, the C.I.-based administrator, has supported the launch of Guernsey’s first London Stock Exchange listed fund focused specifically on investing in digital infrastructure assets, Cordiant Digital Infrastructure Fund Limited. The fund, managed by Canadian asset manager, Cordiant Capital Inc., is listed on the specialist fund segment of the LSE’s main market. It raised GBP370m from…

JTC, the C.I.-based administrator, has announced plans to acquire INDOS, a provider of depositary, ESG and AML oversight services for alternative investment funds. INDOS employs >50 staff across three locations in Ireland and the UK. All employees, including INDOS founder and CEO Bill Prew and his senior management team, will join JTC. The transaction is…

BNY Mellon has established a Digital Assets unit that will accelerate the development of solutions and capabilities to help clients address growing and evolving needs related to the growth of digital assets, including cryptocurrencies. The cross-functional, cross-business team, which will be led by Mike Demissie, head of Advanced Solutions at BNY Mellon, is currently developing…

The Office of the Comptroller of the Currency has granted conditional approval of the conversion of Protego Trust Company, a Washington state-chartered trust company, to become Protego Trust Bank, National Association. Protego is the second crypto-native firm to get national licensing from the OCC, following Anchorage’s approval last month. Protego is a bank designed and…