This new mandate extends ProCapital‘s relationship with BNP Paribas — the Securities Services business has been providing the firm with local and global custody services in the US since 2021
The inclusion of these firms on the GSF is said to mark the growing adoption of tokenised assets and decentralised financial infrastructures across the financial services industry
Ripple USD is backed by US dollar deposits, short-term government bonds, and cash equivalents, that aim to provide stability and liquidity for institutional traders
The market data will be offered through Cboe One Feed, which the company says will provide users with a high quality and cost effective market view of Cboe’s US equity exchanges
In her new role, Elizabeth Fisher will be expected to lead strategic partnerships alongside supporting the company’s growth ambitions across its global business