Standard Custody and Trust, has closed its US $53 million Series C funding round with participation from US solutions provider Cowen Digital and European hedge fund company Brevan Howard
Publicly-traded on the London Stock Exchange, the trust’s objective is to achieve long-term capital growth by investing primarily in biotechnology and other life sciences companies
New York-based Wilmington Trust, a global provider of wealth and institutional services for M&T Bank, selected Northern Trust due to its experience supporting CIT funds
E-commerce company Mercari, which operates a licensed Australian financial derivatives exchange, has selected digital asset custody provider METACO to launch its institutional digital asset custody operations
Investor-owned fund manager Tradex Management has selected RBC Investor & Treasury Services to provide its full suite of back-office investor services, including custody, fund accounting, securities lending and transfer agency
The relationship will see RBC I&TS provide fund accounting and ETF fund administration services to Canadian-based asset management company Evermore Capital