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 […]
Global digital asset banking group Sygnum has successfully secured over $40 million in an interim close of its Strategic Growth Round, surpassing the initial target of approximately $35 million. Azimut Holding, a global asset management group, is the lead investor for this round, joined by both new and existing strategic and financial investors. Sygnum’s post-money […]
JPMorgan Chase takes progressive steps in the business-to-business (B2B) payment landscape by leveraging blockchain technology for its B2B clients. The financial giant, through its digital asset and blockchain unit, Onyx, launched programmable payments. This innovative feature is tailored for blockchain-based accounts using the JPM Coin digital currency system. Programmable payments, driven by smart contracts and […]
