UBS, SBI, and DBS have achieved a groundbreaking milestone by conducting the world’s first live repurchase transaction (repo) with a natively-issued digital bond on a public blockchain. This revolutionary transaction automatically and instantly settled a repo, digital bond purchase, and redemption using regulated digital payment tokens across entities in Japan, Singapore, and Switzerland. Part of […]
In a significant move towards fostering innovation in the asset management sector, the Economic Secretary to the Treasury’s Asset Management Taskforce, following its re-establishment in April 2023, has unveiled a Technology Working Group. Chaired by Michelle Scrimgeour, CEO of Legal and General Investment Management (LGIM), the group comprises industry experts collaborating closely with the Financial […]
Societe Generale-FORGE (SG-FORGE) has released a new report on the carbon footprint of security tokens, covering their entire life cycle. The report, produced by the Lamarck Group with independent third-party review by the Institut Louis Bachelier and the Crypto Carbon Ratings Institute (CCRI), aims to establish a comprehensive methodology for calculating the carbon footprint of […]