METACO, a provider of security-critical software and infrastructure to the digital asset ecosystem, has announced that Union Bank of the Philippines (UnionBank) is implementing its digital asset management services. UnionBank will leverage Harmonize, METACO’s digital asset orchestration system, to manage its digital asset operations. Harmonize enables institutions to manage a range of end-to-end digital asset…
Category: Digital Assets
Gemini acquires Omniex
Gemini, the crypto firm founded by the Winklevoss brothers, has acquired Omniex, a trading technology platform that provides order, execution, and portfolio management system solutions for institutional crypto trading. Omniex was founded by CEO Hu Liang and chief strategy officer John Burnett, both of whom worked at State Street. As part of this acquisition, the…
Anchorage Digital hires CRO
Anchorage Digital Bank, America’s first federally chartered digital asset bank, has appointed Rachel Anderika as its first chief risk officer. Aderika, who worked at the OCC as a bank examiner, was most recently at Promontory Financial Group, a bank regulatory consulting firm owned by IBM. She helped found Promontory’s digital assets risk and compliance team,…
Tokeny partners with Inveniam
Tokeny, the Luxembourg-based tokenisation platform that is backed by Euronext., has formed a partnership with Inveniam Capital Partners, Inc., a U.S.-based SaaS company delivering trust, transparency and completeness of data to private market assets. The partnership includes a EUR5m (USD5.7m) investment by Inveniam, Apex, and K20 Fund. The partnership aims to fully unlock asset liquidity…
Swiss market tests CBDC integration
The Bank for International Settlements (BIS), the Swiss National Bank (SNB), and SIX, Switzerland’s main provider of financial infrastructure services, have concluded the second phase of Project Helvetia, which looks toward a future with more tokenised financial assets based on distributed ledger technology coexisting with today’s systems. SNB and five commercial banks – Citi, Credit…
BlockFi hires COO & CTO
BlockFi, a U.S.-based crypto financial services company, has made two senior appointments. Alexander Grigoryan has joined as the chief technology officer and will oversee all global product development and technology strategy. Prior to BlockFi, Grigoryan led product engineering at Skillz, a mobile games platform, and before that held senior engineering and developer roles at Walmart…
Genesis Custody gets UK regulatory approval
Genesis, a digital asset servicer and digital currency prime brokerage, has received approval from the UK’s Financial Conduct Authority for its Genesis Custody business as a registered cryptoasset business. Genesis Custody provides segregated multi-asset cold storage for full custody of client assets. In 2020 Genesis acquired Vo1t, a UK-based digital custody service provider. The Genesis…
FIS hires State Street digital expert
FIS, the U.S.-based fintech, has appointed Ralph Achkar as head of product strategy for digital assets, currency, and blockchain. He joins from State Street, where he led digital product development for EMEA and ASPAC.
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.
Deutsche Börse completes deal with Crypto Finance
Deutsche Börse has completed its acquisition of a majority stake in Crypto Finance, a FINMA-regulated provider of trading, custody, and investment services for digital assets. Jan Brzezek, CEO and co-founder of Crypto Finance, and the current management team will continue to lead Crypto Finance and retain a significant stake in the company. Crypto Finance will…