Tagged: settlement

Tokenovate Settles Repo Real Time on Canton, Using USDC

Tokenovate shares that it has completed an intra-day repurchase agreement (Repo) on the Canton Network using the FINOS Common Domain Model (CDM), utilzing USDC. Tokenovate is a UK-based Fintech enabling post-trade lifecycle automation and digital settlement solutions. Canton is  a privacy-enabled blockchain network built for… Read More

Tokenized Payments : TD Bank Trials Atomic Settlement via Project Agorá

Toronto-Dominion Bank (NYSE: TD) has completed a live tokenized payment exercise on the Project Agorá platform, joining a broader international effort to modernize wholesale cross-border transfers while keeping settlement inside the regulated banking system. The trial moved tokenized funds between TD’s New York branch, operating… Read More

BCP Technologies Settles Digital Bond Trade Using Sterling Stablecoin tGBP

BCP Technologies has completed its first live purchase of a tokenised US Treasury bill using its sterling stablecoin, marking a notable moment for on-chain settlement in the UK market. The London-based issuer said it bought Archax’s $GOVY tokenised T-bill and settled the trade in tGBP,… Read More

Euroclear and HSBC to Launch AutoFX Ahead of Europe’s T+1 Shift

Euroclear and HSBC (NYSE: HSBC) have unveiled a partnership to introduce AutoFX, an automated foreign-exchange service aimed at helping securities-market participants handle the shift to shorter settlement cycles in Europe and the United Kingdom. The two organisations said the offering will fold currency conversion and… Read More

OpenPayd Now Live on Circle Payments Network for Cross-Border Transactios

OpenPayd has gone live on the Circle Payments Network, giving business clients a way to send ordinary currencies across borders in seconds while settlement happens on regulated stablecoin rails in the background. The London-based infrastructure firm announced the connection on 25 August 2026. Companies that… Read More

Japan Advances Plans for Blockchain enabled Instant Settlement of Stocks and Government Bonds

Japan is preparing to develop a financial infrastructure that would allow near-instantaneous, around-the-clock settlement of stock and Japanese government bond transactions through distributed ledger technology (DLT), commonly known as blockchain. According to reports, this initiative aims to modernize the country’s payment and securities settlement systems,… Read More

Euronext Partners with BNY to Enhance Collateral Management and Expand Pan-European Repo Clearing

Euronext, Europe’s capital markets infrastructure provider, has teamed up with BNY (NYSE: BK), a global financial services firm, to significantly upgrade collateral management services for its clearing operations. The partnership, announced this month, focuses particularly on supporting cleared repo transactions and aims to deliver greater efficiency… Read More

Mastercard Enhances Settlement Options with Stablecoins

Mastercard (NYSE:MA) has introduced upgrades to its existing settlement infrastructure, introducing greater timing flexibility and support for regulated stablecoins. The initiative aims to provide issuers and acquirers with enhanced control over transaction settlements, accommodating faster-paced financial demands in today’s digital environment. The changes encompass intraday… Read More

Former Advisors to Failed Crypto Exchange FTX Agree to Pay $66M to Resolve Customer Claims 

Customers impacted by the spectacular 2022 collapse of the once prominent cryptocurrency exchange FTX have secured another round of financial recoveries through settlements with key professional service providers who worked with the exchange.  The agreements involve the firm’s former primary outside counsel and its auditor,… Read More

Ondo Finance Reports Near-Real-Time Cross-Border Redemption of Tokenized US Treasuries

Ondo Finance has carried out the world’s first near-instantaneous cross-border and cross-bank redemption of a tokenized U.S. Treasury fund. The pilot, executed in partnership with Kinexys by J.P. Morgan, Mastercard, and Ripple, showcases how public blockchain technology can integrate seamlessly with traditional banking systems to… Read More

DTCC Teams Up with Fintech SSImple to Drive Automated Standing Settlement Instructions for Custodians

The Depository Trust & Clearing Corporation (DTCC), a global enabler of post-trade market infrastructure, has joined forces with fintech firm SSImple to enable custodians to automatically deliver fully validated standing settlement instructions (SSIs) into its flagship ALERT platform. This partnership marks a significant step toward… Read More

Tokenovate Founder Claims IMF Warning on Tokenization Fails to Identify where Risk Actually Exists

A recent International Monetary Fund (IMF) report cautions that tokenization could accelerate market stress by removing the “buffer” created by settlement delays, effectively arguing that faster markets may reduce the window for regulatory intervention. It’s seemingly quite a compelling narrative, but one that risks misdiagnosing… Read More

EU, UK, Switzerland Roll Out Unified Testing Framework for Shift to One-Day Securities Settlement

Financial authorities and industry groups across Europe have released a comprehensive, cross-border testing and readiness plan to prepare markets for a major overhaul in post-trade operations. The UK Accelerated Settlement Taskforce, the EU T+1 Industry Committee, and the Swiss Securities Post-Trade Council T+1 Task Force… Read More

Anchorage Digital, B2C2 Partner on Institutional Trading, Custody

Anchorage Digital and B2C2 are expanding their partnership as the latter firm joines Chanorage’s  Atlas platform. Atlas is a two-way settlement platform for institutions that supports crypto transactions on a regulated platform. B2C2 will custody assets with Anchorage and settle trades directly through Atlas. B2C2’s… Read More

Euroclear Announces Onboarding of Lunate, an Abu Dhabi based Investment Management Firm

Euroclear, a provider of post-trade services in the financial sector, has recently unveiled significant developments that underscore its commitment to innovation and social impact. The Brussels-based organization announced the onboarding of Lunate, an Abu Dhabi investment manager, as the inaugural Middle Eastern entity to utilize… Read More

Euroclear to Launch Same-Day Settlement for Stock Loan Returns within CREST System

Euroclear has announced the rollout of same-day settlement capabilities for Stock Loan Returns (SLRs) within its CREST system. Set to launch on June 15, 2026, this development marks a pivotal step toward modernizing settlement processes and aligning with broader industry shifts toward faster transaction cycles…. Read More

SoFiUSD Stablecoin Launches

SoFi this week announced the launch of SoFiUSD, a fully reserved U.S. dollar stablecoin issued by SoFi Bank, N.A. SoFiUSD will enable SoFi to serve as a stablecoin infrastructure provider for banks, fintechs, and enterprise platforms. They can leverage SoFi’s bank-grade infrastructure to streamline their… Read More

Lynq, Fireblocks Settlement Project’s Phase 1 Goes Live

Lynq, a real-time interest-bearing settlement network, today announced that Phase 1 of its integration with Fireblocks is live. It gives institutional clients the ability to connect their Lynq accounts directly to Fireblocks and perform settlement and collateral management activities through the Fireblocks’ platform. This integration simplifies funding operations,… Read More

Visa Introduces Stablecoin Settlement in the US

Visa Inc. (NYSE: V) announced the launch of USDC settlement in the United States, marking a key milestone in the company’s stablecoin settlement pilot program and strategy to “modernize its settlement layer underpinning commerce.” Now, U.S. issuer and acquirer partners can settle with Visa in… Read More

Hong Kong Exchanges and Clearing Ltd (HKEX) to Acquire Stake in Holding Co. of CMU OmniClear

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that it entered into agreements in order to acquire a 20 per cent stake in the holding company of CMU OmniClear Limited, as the financial market infrastructure operators strengthen their partnership to advance the… Read More

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