BNY Mellon in Ireland has been appointed as custodian and administrator for Grayscale’s first European ETF, launched through the HANetf platform, for which BNY Mellon provides custody and administration. The Grayscale Future of Finance UCITS ETF (GFOF) will list on the London Stock Exchange, Deutsche Börse and Borsa Italiana and will be available to investors…
Category: U.S. Bank
Securrency secures FSP for ADGM
Securrency Capital, a broker-dealer based in the Abu Dhabi Global Market (ADGM), has secured a Financial Services Permission (FSP) from ADGM’s Financial Services Regulatory Authority (FSRA) to deal in investments as a matched principal and provide custody for those investments. The license enables Securrency Capital to provide trading of digital assets to a variety of…
U.S. Bank implements ESG solution
U.S. Bank has deployed Sustainalytics, the provider of ESG research and ratings owned by Morningstar, to offer ESG data solutions to its global fund services clients. U.S. Bank has integrated Sustainalytics’ research and ratings to support portfolio analysis which enables regulatory compliance and investor and financial reporting capabilities to address regulatory and investor reporting demands.…
Michael Oliver joins Siepe
Michael Oliver has joined Siepe, a U.S.-based provider of technology, data and analytics for asset managers. He will be director of sales for middle-office services. Oliver spent 20 years at U.S. Bank, most recently in the corporate trust business.
Apex hires U.S. Bank veteran for senior BD role in Ireland
Apex has appointed Barry O’Brien as senior director, business development. Based in Apex’s Dublin office, he reports to John Bohan, co-founder and country head business development (Ireland), whom he will be working with to drive the firm’s growth in Ireland. O’Brien joins Apex from U.S. Bank Global Fund Services where he was most recently director,…
U.S. Bank wins WisdomTree BTC ETF mandate
WisdomTree, the U.S.-based ETP specialist with USD75bn AuM, has appointed U.S. Bank as service provider for its proposed Bitcoin Trust ETF, which is currently under review by the SEC.
U.S. Bank links ETF clients to ICE ETF Hub
U.S. Bank is to offer its clients access to Intercontinental Exchange’s ICE ETF Hub, which provides electronic access to the ETF primary market. ICE ETF Hub, which recently surpassed USD1trn in notional create/redeem orders, is an industry-wide, open architecture technology solution, offering a standardised and simplified process for the creation and redemption of ETF shares.…
U.S. Bank to administer Bitcoin futures ETF for Valkyrie
U.S. Bank has been appointed by Valkyrie Funds, LLC, a U.S. manager focused on the digital asset class, to provide fund administration services for the recently launched Bitcoin Strategy ETF. The futures contracts held by the fund are cash delivered and available from CME Group. The fund is the first in a planned suite of…
U.S. Bank launches cryptocurrency custody service
U.S. Bank has launched its cryptocurrency custody service, targeted at institutional investment managers with private funds in the U.S. and/or Cayman looking for a safekeeping solution for Bitcoin, with additional coin support to follow. NYDIG, a technology and financial services company dedicated to Bitcoin, is the first crypto sub-custodian appointed in the bank’s network of…
GK8 partners with Securrency
GK8, an Israel-based cybersecurity and digital asset custodian, has partnered with fintech company Securrency to provide banking clients with institutional-grade blockchain services. The partnership centres around GK8’s enterprise-grade custody solutions, which will become available to Securrency’s clients as it builds its tokenisation infrastructure. Securrency’s main focus is tokenising real-world assets such as stocks, commodities and…