Latest Blockchain News: Finextra Research

Big banks invest $45m in carbon credit transaction network

A group of nine banks has pumped $45 million into Carbonplace, the global DLT-based carbon credit transaction network they founded that is now becoming an independent entity ahead of its planned launch later this year.

09 February 2023

News/markets

EIB issues its first ever digital bond in pound sterling

The European Investment Bank (EIB) has priced its first ever £50 million digital bond using a combination of private and public blockchains operated and accessed via HSBC's tokenisation platform, Orion.

01 February 2023

News/crypto

NAB mints its own stablecoin

National Australia has become the second of the big four banks to mint its own stablecoin.

19 January 2023

News/crypto

ConsenSys cuts workforce by 11%

Blockchain software engineering firm ConsenSys is laying off 96 staffers - 11% of its workforce - citing the crypto bear market and wider economic environment.

19 January 2023

News/wholesale

ABN Amro registers digital bond on public blockchain

ABN Amro has become the first bank in Europe to register a digital bond for a Midcorp client on the public blockchain.

16 January 2023

News/crypto

Visa explores auto payments for crypto wallets

Researchers at Visa have been investigating how to enable automatic recurring payments for self-custodial crypto wallets.

21 December 2022

News/crypto

UN pilots blockchain-based system for getting aid to people in Ukraine

The United Nations Refugee Agency (UNHCR) is piloting the use of blockchain technology to get digital cash payments to internally displaced people in Ukraine.

20 December 2022

News/crypto

Banque de France, HSBC, IBM test interoperability of wholesale CBDC

Following experiments demonstrating that DLT can be used with existing networks to complete CBDC financial transactions in real-time, Banque de France, HSBC and IBM have published a paper exploring their key findings.

16 December 2022

News/markets

Rabobank hails blockchain pilot for euro commercial paper transactions

Rabobank has executed a series of real-time euro commercial paper transactions in a blockchain pilot the lender says demonstrates the technology's potential to provide borrowers and asset managers with real-time liquidity.

16 December 2022

News/crypto

United Fintech buys FX and digital assets specialist Cobalt

United Fintech, an outfit dedicated to scooping up a stable of capital markets fintechs, has acquired Cobalt, a provider of risk and data services to the FX and digital asset markets. Terms were not disclosed.

15 December 2022

News/wholesale

Bank of Italy selects Algorand to provide public blockchain platform for 'Digital Sureties' project

The Bank of Italy has selected blockchain technology from Algorand to support a new digital guarantees platform.

14 December 2022

News/startups

Stablecoin startup Membrane Finance reels in EU money licence and €2 million in seed financing

Membrane Finance, a finnish fintech building a European alternative to the USD stablecoin, has been granted an Electronic Money Licence by the country's regulator and picked up €2 million in seed funding.

07 December 2022

News/wholesale

Vanguard Australia deploys blockchain-based back office tech

Vanguard Australia has deployed Grow’s back office technology for fund administrators built on R3's Corda blockchain platform.

07 December 2022

News/wholesale

IBM and Maersk switch off TradeLens blockchain logistics platform

Maersk and IBM are to shut down the TradeLens blockchain platform for global supply chains in the face of market apathy towards the project.

30 November 2022

News/wholesale

France and Luxembourg complete CBDC experiment

The central banks of France and Luxembourg have used an experimental CBDC to settle a EUR100 million digital native bond.

30 November 2022

News/sustainable

Sustainable Finance Live: How can nature be made bankable?

How are different financial institutions approaching climate strategy and sustainable investment? The potential for sustainable investment was explored in the keynote presentation: How can nature be made bankable? by founder of ResponsibleRisk Richard Peers and CEO of sustainable investment company Mirova, Philippe Zaouati.

29 November 2022

News/markets

DBS completes repo transaction on JPMorgan's Onyx

DBS has become the first bank in Asia to conduct an intraday repo transaction on JPMorgan's blockchain network Onyx, using the US bank's JPM Coin digital token to complete instant settlements and maturity of the transactions within hours instead of the current industry norm of one to two working days.

23 November 2022

News/payments

NextGen Nordics 2023 agenda announced

NextGen Nordics will return on 25th April 2023 to Stockholm, Sweden and the timing of this event could not be better placed.

23 November 2022

News/markets

Quant and UST join forces to push tokenisation

Blockchain outfit Quant is teaming up with UST to push the adoption of institutional digital assets by offering technical integration and tokenisation services to central and commercial banks and capital markets participants.

22 November 2022

News/crypto

Want to own a portion of Warhol's Four Marilyns? Sign up with Sygnum

Digital asset bank Sygnum has tokenized an iconic Four Marilyns painting by Andy Warhol, enabling investors to stake a claim to co-onwership under the Swiss DLT legal framework.

18 November 2022