CrossTower Launches Capital Markets Desk to Bring Institutions to Its Spot Exchange

Crypto trading platform CrossTower is launching a capital markets desk for institutional clients. Leading the desk is securities industry veteran Greg Bunn, who’s being hired as CrossTower’s chief strategy officer. Previously, Bunn served as global head of counterparty strategy at foreign exchange giant Citadel, and he also worked in senior roles at Deutsche Bank for […]

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HSBC, SGX to Investigate if DLT Offers Efficiency Boost for Bond Markets

Can digitalizing bonds with distributed ledger technology (DLT) bring benefits to market participants? That’s a question being asked by HSBC Singapore in a new trial being developed in partnership with Singapore Exchange (SGX) and investment firm Temasek. The effort will examine the potential of DLT to streamline the issuance and servicing of fixed income securities, debt instruments that […]

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BnkToTheFuture CEO: 50 Percent of Funding Will Be Through Security Tokens in 2020

Online investment platform BnkToTheFuture will expand its storage token offering (STOs) business to the U.S with an investment in a Securities and Exchange Commission-licensed broker dealer. Announced in a Nov. 7 statement to investors, BnkToTheFuture acquired an undisclosed stake in BMI Capital International’s holding company, which enables the lending platform to offer STOs to the […]

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