Thomas Zara

Further insights into the Bundesbank Trigger Solution and our work in the Tokenized Deposit space https://lnkd.in/ddzxrmep #Adhara

30

“Chainlink has a huge opportunity and also an important role to play in actually unleashing the overall potential of tokenization and DLT”—Mathias Imbach, co-founder and group CEO of Sygnum Bank. Why? As Mathias highlights, scaling tokenization and bringing assets onchain has been limited because net asset value (NAV) data hasn’t been available on and across chains. Chainlink solves that problem by delivering NAV data onchain in a transparent and reliable manner. Recently, Fidelity International and Sygnum partnered with Chainlink to provide NAV data onchain for Fidelity International’s $6.9B money market fund in a landmark production use case for tokenized assets. “This is the baseline and foundation on which we can develop many more use cases.” https://lnkd.in/gSey8TWm

100

1 Kommentar

Zodia Custody powers secure custody for ETC Group’s core Bitcoin ETP💥 Big news! ETC Group has announced the launch of its latest ETP on Deutsche Börse XETRA. We’re excited to solidify our partnership with ETC Group by providing secure custody for the ETC Group Core Bitcoin ETP (BTC1). BTC1 is a global regulated spot Bitcoin product, providing unparalleled primary market liquidity. It is tailored specifically for benchmark-conscious, long-term buy-and-hold investors, and global institutional investors with extended liquidity and risk management needs. Julian Sawyer, CEO of Zodia Custody said: “It’s breakthrough after breakthrough with our fellow innovators at ETC Group." "The newly launched BTC1 represents exactly what institutions have long sought as they have increased their adoption of digital assets, and we’re playing our part to ensure they can do so with the utmost security and compliance through bank-grade custody. Together, we continue to be at the very forefront of building a truly robust ecosystem for a mature digital asset industry.” Tim Bevan Chanchal Samadder, CFA #ZodiaCustody #ETCGroup #BTC1

97

1 Kommentar

#fundingalert 💼Company: SCRYPT 💰Funding: $5 Million ⚡Round: Strategic Round 👥Investors: Braza Bank, with additional participation from venture capital firms including FunFair Ventures, Cabrit Capital, and Atlantic Labs. SCRYPT is a premier Swiss licenced financial service provider with a focus on institutional-grade crypto asset services. They empower institutions and Web3 companies with comprehensive access to the crypto asset landscape. The firm is also pleased to announce that it has doubled its client book and seen trading volume increase 18 times year on year. Sylvan Martin, Marcelo Sacomori, Norman Wooding, Marc Wäckerlin, Cyril Pipaud, CFA, Keith Noyes Read more - https://lnkd.in/gf-nKT2m To share your startup story write us on - [email protected] #SCRYPT #financial #crypto #funding #fundingnews #news #startup #startupnews #startuprise

17

1 Kommentar

🚀 ETH Brussels 2024 Recap: Pioneering the Future of Liquidity Provision with FILLIQUID🎉 We are thrilled to share our moments of ETH Brussels 2024, where our CEO, Arthur Tan, delivered an insightful talk on FILLiquid as Filecoin's next-generation liquidity leasing solution. 🌐💡 🔹 Event Highlights: -Arthur Tan's Speech: Dive into Arthur's comprehensive presentation on how FILLIQUID is revolutionizing liquidity provision on the Filecoin network. -Side Events & Networking: The event was brimming with dynamic side events and invaluable networking opportunities, bringing together industry leaders to collaborate and push the boundaries of crypto and Web3. -Collaborations & Innovations: Witness the synergy and shared vision among the foremost minds in the industry as they unite to propel the future of blockchain technology. ✨ Don't miss out on this compelling recap of ETH Brussels 2024! Explore FILLiquid here: https://lnkd.in/d9nYuMB7 #Eth #Filliquid #Filecoin #Crypto #Web3 #Blockchain #Liquidity #Brussels #Belgium #Ethereum

4

Government-owned KfW bank has issued digital bonds before, including a €4 billion one. However, these used a central securities depository (CSD). The German Electronic Securities Act (#eWpG) also supports a distributed registry without a CSD, which it refers to as ‘crypto securities’. Now KfW is issuing a €100 million ($108m) #blockchain bond on the Polygon Labs blockchain, value dated 4 July. KfW claims that the bond with a 3.125% coupon and 10 December 2025 maturity is the first syndicated #crypto security in #Germany. Union Investment was again the anchor investor in the latest issuance, but KfW described investor demand for the AAA rated bond as ‘heavy’. Other investors include Berliner Volksbank eG, DekaBank Deutsche Girozentrale, LBBW, Solventis AG, Sparkasse Pforzheim Calw and Wirtschafts- und Infrastrukturbank Hessen (WIBank). The bank said interest spanned investors of different sizes and sectors, including asset managers, treasuries, and various types of banks. “Our aim was to involve as many market participants as possible in the transaction in order to collectively learn new things and test the #innovation facilitated by the legislator through the German Electronic Securities Act (eWpG) together with our banking partners, our anchor investor Union Investment and other interested investors,” said Tim Armbruster, Treasurer at KfW. “The healthy level of participation shows the investors’ keen interest in the #digitalisation of capital market transactions. We now want to use this potential to identify scaling options for our refinancing activities.” “After completing the transaction, we will have tested the entire front-to-end process, from the issue of a crypto security to the repayment. We then need to share this experience with other market participants and derive practical implications for the further development of this innovative market segment,” said Gaetano Panno, Head of Transaction Management at KfW. The project involved several participants. The bookrunning consortium was DZ Bank, Deutsche Bank, LBBW and Bankhaus Metzler. Deutsche Bank is the lead arranger and settlement agent. DZ Bank acts as the collective registered holder on behalf of all investors. Cashlink is the crypto securities registrar, and HAUCK AUFHÄUSER LAMPE Digital is the custodian. Linklaters provided legal advice with Hengeler Mueller giving legal support to the bookrunning consortium. #AltBanking The leading aggregator, bringing the best actionable news, information and opportunities in this rapidly evolving ecosystem right to you. Follow us to stay up-to-date! #finance #banking #fintech #DeFi #bond #Web3 #tokenization #investment #securities https://lnkd.in/eN3w-k9F

1

The DMI Journal on 'Tokenisation: The new rails of finance’ is out now, featuring expert opinions on tokenisation's future and approaches to outstanding issues, based on discussions from the 2024 Digital Money Summit. Click to read: https://lnkd.in/eYnzkhKN Articles from: - Lewis McLellan, editor of the Digital Monetary Institute, OMFIF - Tokenisation: The new rails of finance David Anderson, strategic positioning & global thought leadership, Circle - The tokenisation wave is well underway - Nick Kerigan, managing director and head of innovation, Swift - Collaboration is key - Dom Ghazan, managing director, Global Trade Finance - Financial services can find innovation in tokenisation - Dr. Lars Hupel, chief evangelist of CBDC, Giesecke+Devrient - The logical next step for securities? - Basak Toprak, EMEA head of Coin Systems, and Wee Kee Toh, head of business architecture, Coin Systems, Onyx J.P. Morgan - Cash-on-chain in action - Catherine Gu, head of CBDC and tokenised assets, and Mustafa Bedawala, product manager for crypto products, Visa - Nearing a payments evolution - Rajeev B., senior vice president and head of digital economy strategy Moody's Ratings - Risks on the rise as digital finance advances - Hugues MARIE, product manager, CBDC and digital currencies, and Jerome Ajdenbaum, vice president, fintech IDEMIA - Shaping the future of payments - Oliver Carew, fintech consulting, and Fran Clausen, global regulatory network strategy lead, EY - Embracing markets 3.0 paradigm - Christoph Hock, head of tokenisation and digital assets, Union Investment, and Frank Scheidig, global head of senior executive banking, DZ BANK AG - Configuring on-chain assets in a tokenised economy -Thibault Pelé, product lead of CBDC, Worldline - The future will rely on ambition and adoption - Lewis McLellan, editor of the Digital Monetary Institute, OMFIF - New engines, new rules - Jon Cunliffe, former deputy governor for financial stability, Bank of England, and former chair of the Bank for International Settlements – BIS committee on payments and market infrastructures - The future of payments: a new engine? - Julian Jacobs, senior economist, Digital Monetary Institute, OMFIF - Will growth in regional payment systems spur de-dollarisation? - Katerina Liu, research analyst, Digital Monetary Institute, OMFIF - The next generation of capital markets Katie-Ann Wilson Folusho Olutosin

73

3 Kommentare

📢 We're excited to share that Crypto Finance Group has been featured in the 2nd Swiss Digital Asset Custody Report 2024, launched on 1 July at the Alpine Tech Forum in Zurich! This detailed report delves into Switzerland's expanding digital asset ecosystem, showcasing the convergence of traditional finance with innovative blockchain technology. Our inclusion for the second year in a row highlights Crypto Finance’s ongoing impact in this dynamic sector. We are committed to offering secure and compliant crypto financial services as the industry progresses. 🚀 We're proud to have sponsored this report along with BBVA, SCRYPT, SIX Digital Exchange, and Swissquote. 👉 You can download the full report here: https://lnkd.in/eGeYF4cM HomeofBlockchain.swiss #Crypto #Finance #DigitalAssets #CryptoCurrencies

37

🚀 Next generation finance! 🚀 Operal AG 's tokenised equity can now be used as collateral on-chain through the lending protocol PWN https://lnkd.in/dHAV6Ecr ! PWN opens up new opportunities for both investors and SMEs, enabling peer-to-peer Lombard loans with unmatched transparency and security. The first borrowing loan proposal is live, requesting offerering a $10,000 USD loan, with a 12% APR 90 days 50% Loan-to-Value ratio secured by highly liquid equity 🔗Contact us if you want to know how to do this yourself Shoutout to Luigi Caradonna for initiating the process, Toni Caradonna for making it possible, the team around https://pwn.xyz Pierre Morin Josef J. Victor N. and all our shareholders #DeFi #Blockchain #Investing #SMEs #P2PLoans #FinTech #RWA

5

3 Kommentare

Smart Layer Network ($SLN) Surges 104% Amid Broader Crypto Market Rally ➡️ Read All : https://lnkd.in/eRdBc4d6 On September 27th, several cryptocurrencies experienced significant gains, reflecting a positive shift in market sentiment. Among the standout performers, Smart Layer Network ($SLN) topped the... [...] #CryptoGains #SmartLayerNetwork #ZkLink #DeFi #CryptoInvestments #Crypto #Altcoins #NBTC

1

💡 The launch of EURI, the first bank-backed MiCA-compliant stablecoin, is a major step for the digital payments ecosystem in Europe. Zug continues to be a unique gateway to global and European markets. It's a place where businesses can easily tap into a solid financial ecosystem, regulatory support, and the local expertise needed to navigate MiCA compliance. #Stablecoin #Blockchain #MiCA #Zug #CryptoValley

4

KfW, the largest development bank in #Germany and owned by the German states, has teamed up with Boerse Stuttgart Digital (BSD) as an infrastructure provider partner in preparation for its upcoming #blockchain-based digital bond offering. 💡 KfW plans the bond issuance in the coming weeks under the German Electronic Securities Act (eWpG). BSD will oversee the #crypto wallets and secure the private keys during the issuance and redemption processes. The upcoming offering will be part of the European Central Bank's trials to settle blockchain-based transactions against central bank money. "As one of the world's largest and most active bond issuers, we are actively driving digitalisation initiatives in the issuing and settlement process," Gaetano Panno, head of transaction management at KfW, said in a statement. "The utilization of new technologies as part of the ECB trials enables us to technically process a 'delivery vs. payment' transaction and thus supports our digital learning journey." Last month, Italy's state-owned development bank CDP Cassa Depositi e Prestiti SpA (CDP) and lender Intesa Sanpaolo completed a blockchain-based bond issuance as part of an ECB trial. KfW's upcoming digital #bond issuance will follow the lender's first tokenized security offering, a 100 million euro ($108 million) digital bond in July using the #Polygon (#MATIC) network. More details in the CoinDesk article by Krisztián Sándor. #AltBanking The leading aggregator, bringing the best actionable news, information and opportunities in this rapidly evolving ecosystem right to you. Follow us to stay up-to-date! #finance #fintech #Web3 #tokenisation #digitalassets #innovation #ECB #KfW #digitalbond #tokenization #investment #banking #DeFi https://lnkd.in/eWneWHf7

3

Tokenization of Loan Portfolios: Transforming Corporate Loans into Tradable Tokens Fucapital.io leads in financial innovation by pioneering the tokenization of loan portfolios. This approach transforms corporate loans into tradable digital assets, enhancing accessibility and liquidity. Through blockchain technology, Fucapital.io democratizes investment opportunities and ensures transparency and security. Key benefits include: Enhanced Liquidity: Fractional ownership allows easy buying and selling, boosting market liquidity. Accessibility: Lowering entry barriers, Fucapital.io opens corporate lending to small investors. Transparency and Security: Blockchain’s immutable ledger provides clear asset tracking, reducing fraud. Diversification: Tokenized loans offer diverse investment options, optimizing portfolios. Efficiency: Smart contracts automate processes, reducing costs and enhancing efficiency. Fucapital.io invites investors to embrace this financial revolution, where tokenization reshapes interactions with financial assets.

2

At the Swiss National Bank’s recent event, Bank of England Deputy Governor Sarah Breeden outlined the transformative potential of tokenisation in reshaping the monetary system. Breeden predicts a two-phase revolution: initial efficiencies in payment and settlement structures, followed by a more disruptive phase where traditional intermediary layers are flattened, streamlining post-trade processes. Central banks, including the Bank of England, are exploring the integration of wholesale central bank digital currencies (CBDCs). Noteworthy is the creation of the "omnibus" account, leading to innovations like Fnality which utilize tokenised money. This reflects a broader trend where tokenisation facilitates direct transactions without traditional clearing, significantly reducing costs and enhancing speed. The global central banking community, under initiatives like Project Agora by the Bank for International Settlements – BIS (BIS), is actively researching how tokenised banking can coexist within the current financial architecture, enhancing efficiency through smart contracts and programmability. As institutions like the Financial Conduct Authority (FCA) in the UK and companies like BlackRock move towards tokenising funds and other assets, the financial landscape is set to become more efficient, transparent, and inclusive. This shift towards a digital infrastructure where assets are tokenised and traded in decentralized markets represents a fundamental evolution of financial market infrastructure, promising a future where financial processes are not only faster but also universally accessible.

1

As Europe's MiCA regulation rolls out on December 30, stablecoin issuers will face new reserve requirements, holding 60% of assets within European banks. Tether.io CEO Paolo Ardoino has raised concerns about potential systemic risks, as banks typically lend out 90% of their reserves. Could this new regulation unintentionally increase exposure for the crypto industry if banks face instability? Read more 👉 https://buff.ly/48rLysD ... #Crypto #DigitalAssets #Regulation #MiCA #Europe #EU #FinTech

15