State Street, a Boston-based asset-management firm “responsible for more than 10 percent of the world’s assets” has reportedly abandoned an internal project that aimed to put the company’s investment book front end, accounting middleware and back end custody records onto a blockchain-like self-settling layer. 100 blockchain… Read More
Read more in: Blockchain & Digital Assets | Tagged state street
Representatives from Wall Street and prominent US crypto investment/services firms are convening in Washington this week to attend a legislative roundtable hosted by Republican Representative Warren Davidson of Ohio, CNBC reports. Attendees at the roundtable, titled “Legislating Certainty for Cryptocurrencies,” are reportedly hoping to influence… Read More
Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged andreessen horowitz, coinbase, darren soto, fidelity, french hill, initial coin offerings, nasdaq, ripple, state street, tom emmer, union square ventures, us chamber of commerce, warren davidson
UK-based fintech firm Finastra announced on Thursday it has teamed up with R3 and seven banks to create an online marketplace to drive transparency and efficiency in the syndicated loan market. Finastra reported that R3’s distributed ledger technology (DLT) based platform, Fusion LenderComm exposes real-time credit agreement, accrual… Read More
Read more in: Fintech | Tagged bnp paribas, Boy Mellon, finastra, fintech, hsbc, ian morris, ing, r3, simon paris, state street, uk, united kingdom
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