Key Highlights A dedicated working group is formulating technical and market standards to enable cross-platform custody and settlement of tokenized securities across distributed ledger technology (DLT) networks and legacy financial systems. Operating under a formal mandate, the group aims to deliver its initial framework of standards by early 2028 in direct support of Appia, the ...
Key Highlights: The Depository Trust & Clearing Corporation (DTCC) has introduced a new Tokenization Service aimed at digitizing traditional financial assets within compliant post-trade systems. Financial markets face a period of mixed momentum and trader uncertainty as market participants evaluate shifts in asset management and trading strategies. Observers and market analysts are prioritizing liquidity metrics ...
Key Highlights: BNY is in talks with Payward, the Wyoming-based parent company of crypto exchange Kraken, over a potential broad partnership. The proposed agreement could cover digital-asset products, custody, wealth management, trading, payments and financial-market infrastructure. Discussions remain ongoing, with no guarantee that BNY and Payward will reach a final agreement. BNY and Payward Discuss ...