Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Company update/crypto

Archax to create new product range with Algorand

Archax today announced that it has partnered with leading blockchain provider Algorand to work on new innovative smart financial products that will trade on its FCA regulated exchange.

27 August 2020

News/wholesale

ConsenSys acquires Quorum blockchain from JP Morgan

ConsenSys has acquired Quorum, the enterprise-variant of the Ethereum blockchain developed by JP Morgan, in a deal that also sees the bank make a strategic investment in the software house.

25 August 2020

Company update/people

Daniel Diemers appointed to Ficas board

FiCAS, the swiss-based crypto investment management boutique, has announced the appointment of Dr. Daniel Diemers, former Financial Services Partner at PwC Strategy& and former PwC Head of Blockchain for Europe, Middle East, and Africa, as a new member of its Board of Directors.

25 August 2020

News/crypto

Billon lands £2 million in fresh funding

Billon, the British/Polish fintech which uses distributed ledger technology to tokenise national currencies, has raised £2 million in funding with support from the UK Government's Future Fund Scheme.

25 August 2020

Company update/markets

Boerse Stuttgart Group develops blockchain financing method for industrial capital goods

In a joint basic research project with the Bosch research team “Economy of Things”, Daimler Mobility and technology partner 51nodes, Boerse Stuttgart Group has developed a flexible method for financing industrial capital goods on a blockchain basis.

24 August 2020

News/crypto

Exberry and Digital Asset to launch token-based exchange-trading infrastructure

Exchange technology outfit Exberry has formed a partnership with Digital Asset to provide businesses with a ready-to-go, end-to-end infrastructure for the trading of virtual assets.

20 August 2020

Company update/crypto

Institutional-grade digital asset exchange Archax secures FCA authorisation

Archax today announced becoming the first ever FCA regulated digital securities exchange and custodian in the UK.

19 August 2020

Company update/crypto

Elliptic extends Binance partnership

Elliptic, the global leader in cryptoasset risk management solutions, today announced that it will now monitor Binance Chain and its native cryptoasset BNB, which averages USD 250 million in daily trading volume.

18 August 2020

News/crypto

Fed partners MIT on 'hypothetical' digital currency

The Federal Reserve Bank of Boston is working with the Massachusetts Institute of Technology (MIT) to develop a "hypothetical" digital currency platform.

18 August 2020

News/crypto

DBS: Central banks 'troubled and intrigued' by expansion in digital currency

DBS describes the growth of digital currency as both fascinating and daunting in a new research paper, 'Digital Currencies: Public and Private, Present and Future'.

17 August 2020

Company update/wholesale

Envoy Group appoints new advisors

Envoy Group has appointed three new advisors to its team as it approaches the pilot phase of its trade finance platform and the launch of the NVOY token. Each advisor comes from the world of commercial banking or a Fortune 100 company, bringing valuable experience and energy with them.

17 August 2020

News/markets

BondEvalue conducts first blockchain-based bond trade for the masses

Singapore-based fintech BondEvalue has conducted the first trades on its blockchain-based debt trading platform, providing retail investors with access to fractional ownership of bonds in smaller denominations of $1000.

12 August 2020

News/people

Goldman puts McDermott in charge of digital assets team

Goldman Sachs is stepping up its efforts in the crypto and blockchain space, making Mathew McDermott, a managing director at the bank, global head of digital assets and giving him the green light to double his team's headcount, according to CNBC.

07 August 2020

Company update/markets

ASX set to move into industry-wide testing of blockchain-based settelement system

Over 90% of CHESS users can meet the proposed go-live date of April 2022; ASX now reviewing consultation feedback.

06 August 2020

News/regulation

Regtech kompany raises €6 million

Business verification and KYC regtech kompany has raised almost €6 million in a funding round led by Fairway Global Investment together with Global Brain.

05 August 2020

Company update/markets

Reale Mutua issues digital surety on blockchain

Digitalisation and innovation are two key elements in the strategy of Reale Group which, just in these days, has issued its first fully digital surety bond, as part of the national project "Fideiussioni Digitali" promoted by CeTIF, SIA and Reply, in collaboration with Banca d’Italia and IVASS.

05 August 2020

Company update/crypto

Zilliqa appoints crypto custody service Onchain Custodian to secure assets

Zilliqa, the high-performance and high-security blockchain platform, announced that it has selected Singapore-based crypto custody service Onchain Custodian to secure its network’s assets.

30 July 2020

News/payments

BofE picks Accenture for RTGS rebuild

Accenture has won a deal with the Bank of England to help build the UK's new real-time gross settlement (RTGS) service.

30 July 2020

News/wholesale

Malaysian exchange trials blockchain bond platform

Bursa Malaysia is developing a proof-of-concept (POC) for a blockchain-based bond trading venue.

30 July 2020

Company update/wholesale

Injective Protocol secures funding for decentralised derivs exchange

Injective Protocol, a fully decentralized derivatives exchange protocol, has raised $2.6 million dollars in a seed funding round led by Pantera Capital with participation from world renowned institutional investors including QCP's investment arm QCP Soteria, Axia8 Ventures, and OK's strategic investment partner K42.

29 July 2020