Original story published by Coindesk. State Street, the Boston-based banking and asset management giant, is moving forward with plans to tokenize bonds and money market funds as part of its digital asset strategy. However, the company has no immediate plans to issue a stablecoin or develop tokenized deposits, according to Donna Milrod, State Street’s Chief […]
HSBC has issued a HK$1 billion (US$128 million) digital note using distributed ledger technology (DLT), marking a significant milestone in the digitization of Hong Kong’s financial markets. The one-year bond, listed on the Hong Kong Stock Exchange (HKEX), is the first digital note issued by a Hong Kong company and the first under English law […]
Standard Chartered has launched its digital asset custody service in the United Arab Emirates (UAE), marking a significant step in the bank’s expansion into the digital asset sector. Brevan Howard Digital, the digital asset division of the British hedge fund Brevan Howard, is the first client to use this new service. The custody offering, which […]