This fundraising round for the digital payments fintech was led by Goldman Sachs and BNP Paribas with involvement from DTCC, Euroclear, Nomura, WisdomTree and a number of other investors
The two companies indicate that this solution, built on R3 Corda DLT platform, is designed to address the challenges presented by inaccurate standing settlement instructions (SSIs) and to deliver a more efficient and secure trading environment
Zodia Custody, SBI Alpha, QCP Capital and Clear Markets have conducted the first uncleared crypto derivatives trades in an effort to make the crypto ecosystem safer
Through consultation with the Corda community, this evolution is driven by scalability, enhanced privacy and security, user friendly dev tools and the new generation platform’s ability to interconnect and interoperate with other DLT platforms
The pilot builds on the existing MiFIR regulation to include tokenised financial instruments. This aims to bring pre- and post-trade transparency and market abuse monitoring to DLT-based securities
Working alongside central banks from Israel, Norway and Sweden, the PoC evaluates the technical feasibility of making cross-border and cross-currency payments between retail CBDC systems