News list for "Asset Platform"
According to Bloomberg, cryptocurrency exchange Kraken has announced the acquisition of tokenized asset platform Backed Finance. Backed Finance is a digital token issuer whose tokens represent real-world assets including shares and exchange-traded fund shares. Kraken co-CEO Arjun Sethi said in an interview that Kraken already offers shares and ETF products issued by Backed and plans to integrate these products more closely into its platform after the acquisition.
According to official news, Tether has invested in Parfin, a Latin American digital asset custody management platform.
There is a new development in the JPEX fraud case involving more than HK $1.60 billion of non-licensed virtual asset trading platform in Hong Kong in 2023. The Hong Kong Police Force announced on November 5, 2025 that it will formally charge 16 people, including 6 JPEX core members. In addition, three core individuals are fleeing overseas, and the Hong Kong Police have issued a red notice (hereinafter referred to as the "red notice") through the International Criminal Police Organisation. The Ch...
IBM has announced the launch of Digital Asset Haven, a new digital asset platform designed to help Financial Institution Groups and highly regulated enterprises safely enter the digital asset economy. Developed in partnership with Dfns, the platform supports more than 40 blockchain networks, providing secure custody, transaction lifecycle management, and policy-based governance capabilities. The platform integrates compliance tools, quantum-secure cryptography, and hardware-backed key security m...
Australia has released draft legislation to regulate digital asset platforms, a framework designed to extend financial services law to cryptocurrency businesses to strengthen consumer protections and provide clarity to the industry. Assistant Treasurer Daniel Mulino announced the reforms at Australia's Global Digital Asset Regulation Summit on Wednesday. He described the bill as a "cornerstone" of the government's digital asset roadmap released in March and said it would bring Australia in line ...
The sixth largest exchange operator in Europe, the Stuttgart Stock Exchange Group, has launched a blockchain-based settlement platform, Seturion, which can handle cross-border tokenized asset transactions across Europe, supports public and private chains, and can be settled with central bank currency or on-chain cash, for banks, brokers and other institutions. The platform has been tested in conjunction with the European Central Bank, and BX Digital, a Swiss compliance DLT trading platform under...
The Hong Kong Securities Supervision Commission released the Quarterly Report for April to June 2025, in which it disclosed that as of the end of July, the number of licensed virtual asset trading platforms in the Hong Kong Securities Supervision Commission has increased to 11, while 57 licensed corporations are allowed to provide virtual asset trading services. As of the end of June, the market value and average daily turnover of the first six virtual asset spot ETFs approved by the Hong Kong S...
On August 4, Hanyu Pharmaceutical (300199.SZ) rose its daily limit in the afternoon, quoting 24.32 yuan, and the stock price hit a new high since December 2022. On the news, Hanyu Pharmaceutical and digital asset platform Ku Coin officially signed a letter of intent for strategic cooperation. The two parties plan to jointly explore the first RWA (Re al Wo rld Aset) tokenization pilot project in Hong Kong with the "future income right of innovative drug research and development" as the underlying...
According to Barrons, fintech company Fiserv announced that it will launch a stablecoin and digital asset platform for its clients by the end of 2025. Fiserv shares rose in pre-market trading after the announcement, trading at $171. Founded in 1984, Fiserv is a leading global payments and fintech company serving thousands of Financial Institution Groups and corporates. As a global provider of financial services technology, Fiserv provides innovative solutions to clients such as banks, credit uni...
The Cayman Islands has updated its cryptocurrency regulatory framework with new licensing rules set to come into effect on April 1, 2025. Under the Virtual Assets (Service Providers) (Amendment) Regulations 2025, all entities providing virtual asset custody and trading platform services are required to obtain a license from the Cayman Islands Monetary Authority (CIMA). Existing virtual asset service providers (VASPs) must submit a license application within 90 days of the effective date. As part...
