The move to shorter settlement cycles and increasing regulatory clarity is leading to an accelerating convergence between traditional and digital assets, reports Citi.
Morgan Stanley has made a strategic investment in 3Forge, a provider of code platforms for building mission-critical applications in financial services.
An Australian court has ruled in favour of the country's securities regulator against the local operator of the Kraken crypto exchange over design and distribution obligations when offering a margin trading product.
US crypto index fund manager Bitwise Asset Management has expanded into Europe through the acquisition of London-based crypto exchange-traded product issuer ETC Group. Financial terms were not disclosed.
The UK arm of Australian investing fintech Halo Technologies is setting up an operations and development centre in Glasgow, creating more than 60 jobs in the city.
Wealthtech entrepreneur John Wise and PE firm Stellex Capital Management have acquired S&P Global's Fincentric business with a view to providing digital experiences and financial data distribution to the wealth, broking and asset management industries.