Zodia Custody, a renowned institution-first digital asset custodian backed by major stakeholders including Standard Chartered, SBI Holdings, and Northern Trust, is strengthening its foothold in the Australian market with the appointment of Drew Bradford as the non-executive Chairman of its Australian operation, Zodia Custody Australia. The move follows Zodia Custody’s recent entry into the Australian […]
London-based financial powerhouse HSBC has made a significant leap into the world of digital assets, unveiling its gold tokenization platform on Wednesday. The move is part of the bank’s broader strategy to embrace blockchain technology and cater to the increasing demand for tokenized assets. HSBC’s gold tokenization platform, built on distributed ledger technology (DLT), allows […]
In a significant move towards bolstering its position as a global virtual asset hub, Hong Kong’s Securities and Futures Commission (SFC) has announced guidelines allowing the tokenization of securities and regulated funds. The circular, issued on Thursday, provides a framework for regulated intermediaries, including fund managers, to issue tokenized securities, described as “blockchain-based tokens that […]