In a pioneering move that signifies a major leap in Taiwan’s financial landscape, Cathay Securities has secured regulatory approval from the Financial Supervisory Commission to launch the island’s inaugural Security Token Offering (STO) business. This development positions Cathay Securities as the first brokerage firm in Taiwan authorized to engage in the issuance of digital assets […]
Ultra-efficient portfolios of traditional and alternative investments powered by tokenization Onyx by J.P. Morgan and Apollo Global Management have unveiled a proof-of-concept (PoC) under the Monetary Authority of Singapore‘s Project Guardian. This initiative, detailed in J.P. Morgan’s “Future of Wealth Management” report, sets out to transform the asset and wealth management industry by introducing ultra-efficient […]
Asset management firm Superstate has successfully closed the first round of its Series A financing, securing $14 million in capital. The funds will be utilized to expand the team, introduce private funds to institutional investors, and establish a framework for compliant, tokenized, publicly registered investment funds. The Series A round was co-led by Distributed Global […]