BNP Paribas’ securities services business has reorganised its digital assets department under the leadership of Philippe Benoit, head of strategic business development and transformation. Zineddine Alla joins as head of digital assets, based in Paris and reporting to Benoit. He was most recently deputy head of financial institutions coverage for EMEA at the bank. Wayne…
Category: Digital Assets
NT signs with Lukka
Northern Trust has entered into an agreement with Lukka to deliver a digital asset reporting capability. Lukka provides institutional-grade digital asset data infrastructure, software, and analytics. Under the agreement, Northern Trust will leverage Lukka’s platform to support connectivity across >100 blockchains and >400 centralised exchange and decentralised exchange sources, along with custodians, OTC desks, wallets,…
BNY collaborates with Galaxy
BNY has struck a deal with Galaxy, the digital assets specialist, to advance the digital asset infrastructure for institutional markets, including support for staking, a process that allows eligible digital assets to earn rewards, on BNY’s digital asset custody platform. This will combine digital asset custody and staking within a single institutional servicing model. Eligible…
ZILO launches digital TA platform
ZILO, the UK-based fintech delivering global asset and wealth management software, has launched a fully integrated digital transfer agency platform, unifying traditional mutual fund administration with digital asset capabilities, including digitally native issuance, across a single platform. ZILO has also struck a deal with Ripple, which will join as an investor. The partnership brings together…
BNY launches digital TA
BNY has launched its digital TA capabilities, supporting digitally native funds. The service will initially be launched with select clients in the U.S. and U.K., with plans for expansion. Early adopters are BNY Investments Dreyfus, Baillie Gifford, which co-designed its offering with BNY, and BlackRock.
BBH hires head of digital asset strategy
Parth Gargava has joined BBH as head of digital asset strategy for its investor services business, based in Boston. He joins from Fidelity Investments, as well as teaching engineering of advanced crypto systems at Northeastern University.
Euroclear hires from Zodia
Euroclear has appointed Usman Ahmad to lead Euroclear’s digital assets strategy, based in the UK. He most recently served as co-founding CEO of Zodia Markets, the institutional digital asset brokerage.
HSBC joins UK’s Digital Securities Sandbox
HSBC Bank Plc has become the first applicant approved by the Bank of England to go live in the UK’s Digital Securities Sandbox (DSS), part of the UK’s innovation agenda for digital assets. HSBC Orion, HSBC’s digital assets platform, will be able to operate within the DSS as a Digital Securities Depository (DSD) for digitally…
SS&C to launch digital cash settlement
SS&C plans to enable digital cash settlement for tokenised investment transactions using regulated forms of digital cash, including stablecoins and tokenised commercial bank deposits. The plan builds on the launch of SS&C’s live tokenised fund issuance and distribution capabilities earlier this year following the acquisition of Calastone in 2025. SS&C already enables asset managers to…
BNY expands with Circle
BNY has expanded relationship with Circle Internet Group, Inc. as part of new stablecoin enablement capabilities for institutional clients. Circle’s USDC will be the first stablecoin on BNY’s digital asset custody platform, enabling BNY clients to store, transfer, mint and burn USDC. This expands BNY’s role as primary custodian of USDC reserves. BNY clients can…