Robinhood is making a big statement to the financial services community. The trading platform said Monday it has launched US stock and ETF tokens in the European Union at an event in Cannes, France. European Robinhood customers will have access to more than 200 US stock and ETF tokens. Stock token holders will also receive…
Hong Kong’s government released its second major policy statement on digital assets, underlining its pledge to set the region up as a global hub for the industry and saying it plans to establish a regulatory regime that puts risk management and investor protection center stage. The framework will be overseen by the Securities and Futures…
Hong Kong’s Financial Secretary Paul Chan outlined plans for a second digital asset innovation push in a blog post over the weekend. After the first policy statement in 2022 formalized its approach to cryptocurrencies, it is planning to announce its future strategy soon. It sounds like the focus could be on digital securities and tokenized…
Guotai Junan International (GTJAI) plans to issue various types of tokenized securities in Hong Kong. The company is a subsidiary of Guotai Haitong Group, China’s largest securities brokerage, which is State-backed. The company aims to use DLT for issuance, trading and custody as well as to enable greater personalization for wealth management products. Given its…
Euroclear has joined Project Ensemble, the wholesale central bank digital currency (wCBDC) initiative from the Hong Kong Monetary Authority (HKMA). The project explores using wCBDC for the settlement of tokenization transactions and for interbank settlement of tokenized deposits. Euroclear becomes a member of the Architecture Community and is the sole financial market infrastructure (FMI) community…
Crossmint has raised $23.6 million to continue expanding its solutions that help companies and developers build blockchain applications. The company’s platform enables users to build blockchain applications with a few lines of code and deploy wallets, tokenization, payments, onchain credentials and other building blocks for apps, Crossmint said in a Tuesday (March 18) press release. The…
HONG KONG, Oct. 9, 2024 /PRNewswire/ — OSL Group (863.HK), Hong Kong’s only publicly listed company fully dedicated to digital assets, along with Hong Kong’s leading asset manager China Asset Management (Hong Kong) (“China AMC (HK)”) and Hong Kong’s one-stop comprehensive financial services provider Solowin Holdings (SWIN.US) (“Solowin”), is pleased to announce its participation as…