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Latest Results from /markets

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UBS launches tokenized warrant on public blockchain

UBS has launched Hong Kong’s first investment-grade tokenized warrant on the Ethereum public blockchain network.

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Crypto custodian BitGo moves into private securities with Brassica acquisition

Crypto custody specialist BitGo has acquired Brassica, a fintech specialising in providing back-end infrastructure services for private securities and alternative investments. Financial terms were not disclosed.

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Labour vows to make UK fintech leader

The UK's Labour party says it will deliver the next phase of Open Banking, become a standard setter for the use of AI, and embrace securities tokenisation and a digital pound if it wins the next election.

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Ex-chancellor Osborne joins Coinbase as advisor

Former UK Chancellor of the Exchequer George Osborne has joined the advisory council of cryptocurrency exchange Coinbase.

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UK fintech capital investment in 2024: far from 'rock bottom'

Innovate Finance held an event this week to launch their ‘Capital Investment in UK FinTech in 2023: Insights and Trends’ report, ahead of their Global Summit in London in April.

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EquiLend services knocked out by cyber-attack

EquiLend has warned clients that services could be down for several days after the securities lending trading platform was hit by a cyber-attack.

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SEC says SIM swap attack behind X hack

The Securities and Exchange Commission says a "SIM swap" attack was to blame for the hack on its X account earlier this month.

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Bank failure to manage climate risks poses threat of extinction

The European Central Bank has waned of the grave transition risks for banks that fail to prepare for a low carbon economy.

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EquiLend to be acquired by PE firm WCAS

EquiLend, the securities lending trading platform owned by 10 major Wall Street firms, is being acquired by private equity firm Welsh, Carson, Anderson & Stowe (WCAS).

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N26 rolls out in-app stock trading

German digital bank N26 is broadening its product offering with the launch of in-app stock and ETF trading features.

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Metro Bank CFO James Hopkinson to step down

Metro Bank has announced its CFO James Hopkinson will leave his role after joining in September 2022.

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Broadridge releases GenAI tool for cutting settlement fails

Broadridge has launched a ChatGPT-style Large Language Model for streamlining back office operations and cutting settlement fails.