Tagged: luxembourg

December 14, 2023 @ 9:11 am By JD Alois  |  

Tokeny, a top digital asset enabler based in Europe, has received a strategic investment from Apex Group. The terms of the deal were not revealed, with Apex being labeled the “strategic lead” in the round, which did not mention other investors. Tokeny provides a compliant… Read More

November 16, 2023 @ 10:00 pm By Omar Faridi  |  

Banking Circle S.A. announced a partnership with Ant Group to work on a pioneering liquidity management project, “exploring technology innovations on tokenized deposits which will improve efficiency and speed of global fund settlements.” Banking Circle infrastructure and the blockchain platform “developed by Ant Group will… Read More

November 15, 2023 @ 11:43 am By JD Alois  |  

Tokeny has announced a partnership with Artsgain, thus enabling a new entry into the fine arts sector that leverages blockchain technology. Artsgain is based in Barcelona and is a manager of funds and collective investment companies that co-invest in groupings of works of art, antiques,… Read More

September 14, 2023 @ 4:08 pm By JD Alois  |  

European tokenization provider Tokeny has enabled ABN AMRO to issue a tokenized bond in an offering that is described as being the first Dutch ban to issue a green bond on a public blockchain. Tokeny shares that Vesteda raised €5 million while predicting the offering… Read More

September 11, 2023 @ 10:08 am By JD Alois  |  

Tokenization platform Tokeny has achieved SOC2 Type I compliance, something the company describes as the initial step in its security and compliance strategy. Tokeny claims they are now the first tokenization platform in the world to earn this certification. Tokeny is a Luxembourg-based tokenization platform… Read More

August 7, 2023 @ 11:27 pm By Omar Faridi  |  

Global market infrastructure provider Deutsche Börse Group will acquire the remaining shares in FundsDLT. The Luxembourg-based company claims it is “a leading decentralized platform based on distributed ledger technology (DLT) for end-to-end fund distribution and processing.” The acquisition is expected “to be completed in the… Read More

August 1, 2023 @ 8:56 am By Omar Faridi  |  

European Depositary Bank (EDB), the Luxembourg-headquartered provider of banking, depositary, and custody solutions, announces its appointment by Aarna Capital Limited to deliver Digital Banking solutions. Aarna Capital is a multi-asset brokerage firm, “operating from Abu Dhabi Global Markets (ADGM) and offering customers access to futures,… Read More

July 19, 2023 @ 2:44 pm By JD Alois  |  

European tokenization platform Tokeny has announced that it has partnered with Dfns to offer an “all in one tokenization platform.” Dfns is a cybersecurity firm enabling crypto wallet infrastructure, offering a wallet as a service product. Dfns offers an API-first key management solution (KMS) to provide… Read More

March 9, 2023 @ 12:53 pm By JD Alois  |  

NMB Bank, a commercial bank headquartered in Dar es Salaam, Tanzania, has listed its first “gender bond” on the Luxembourg Green Exchange (LGX). The bond holds a face value of  TZS 74 billion or the equivalent to USD $ 32 million). In a special event… Read More

February 9, 2023 @ 9:09 am By Omar Faridi  |  

FNZ, the global wealth management platform, has agreed to acquire International Fund Services & Asset Management SA (ifsam), a Luxembourg-based B2B fund platform. The acquisition, which is “subject to regulatory approval, will strengthen FNZ’s global client proposition for both asset managers and distributors, adding advanced… Read More

December 9, 2022 @ 8:11 am By Omar Faridi  |  

Luxembourg is a country known for its “strong” focus on innovation and is one of the world’s “leading” financial centers, and PayPal (NASDAQ:PYPL) is pleased to announce that they will be “expanding PayPal’s cryptocurrency services to eligible Luxembourgish customers in the coming days.” The introduction… Read More

October 31, 2022 @ 8:37 am By Omar Faridi  |  

Banking Circle S.A. is set to help US payments providers expand out of the domestic market with low-cost and fast cross-border payments across 25 currencies. Underlining the momentum it has gained as an alternative to correspondent banking for cross-border payments, Banking Circle S.A. is “forecasting… Read More

October 7, 2022 @ 12:41 pm By JD Alois  |  

Security token platform Tokeny has announced a partnership with Assetera, a regulated digital asset exchange. Tokeny is the leading digital securities platform in Europe that provides the ecosystem for issuers to leverage blockchain technology. Assetera is licensed and supervised by the Austrian FMA to provide… Read More

October 5, 2022 @ 11:24 am By JD Alois  |  

Global Cannabis Holdings (GCH) is a Luxembourg-based operation that is investing in Cannabis companies around the world. While the Cannabis business has been around for good while, GCH is taking a different approach by issuing tokens to fund the investments in its portfolio firms and… Read More

September 26, 2022 @ 8:42 am By JD Alois  |  

Tokeny, a leading security token platform based in Luxembourg, has partnered with Ownera to leverage its global inter-trading network to boost security token liquidity. The Ownera FinP2P network is based on the open-source FinP2P protocol. While most industry observers believe that all securities will become… Read More

August 2, 2022 @ 10:08 am By JD Alois  |  

Fireblocks, a digital asset services firms that provides custody solutions, has partnered with Tokeny – a top security token platform. According to a company statement, Fireblocks aims to provide the ability for customers to mint and manage permissioned digital assets such as securities and stablecoins…. Read More

July 25, 2022 @ 8:18 am By Omar Faridi  |  

FNZ, the global wealth management platform, has acquired New Access, a specialized private banking technology firm “primarily active in the markets of Switzerland, Liechtenstein and Luxembourg.” These markets are key to “serving and administering client wealth globally and will support FNZ in delivering on its… Read More

May 11, 2022 @ 11:36 am By JD Alois  |  

The Luxembourg Stock Exchange today published its financial results for the financial year 2021, reporting record growth. The Luxembourg Stock Exchange Group, which consists of LuxSE and its wholly-owned subsidiary Fundsquare, reported consolidated revenues of €55.4 million. This represents revenue growth of 8.1% compared to… Read More

May 10, 2022 @ 2:42 pm By Omar Faridi  |  

COMO, an international automated paytech, has chosen SAP Fioneer’s Cloud for Banking (C4B) application. This partnership will “allow COMO’s customers immediate access to rich core banking functionality, while enabling real-time payment transactions and reducing costs by up to 60% for corporates.” The C4B system and… Read More

May 8, 2022 @ 4:46 pm By Omar Faridi  |  

The Luxembourg Stock Exchange (LuxSE) and the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) have signed a Memorandum of Understanding (MoU) in order “to strengthen their cooperation and promote joint initiatives to advance financing for gender equality and women’s… Read More