Capital Markets

Russia’s Sberbank Uses Smart Contract to Settle Three-Way Repo Deal

| Yogita Khatri

Russia’s Sberbank has settled a three-way repurchase agreement using blockchain tech, calling it a "world's first."

4 Banks Complete €100K Commercial Paper Transaction on R3’s Corda

| Yogita Khatri

Four European banks, including Commerzbank and ING, have settled a live commercial paper transaction worth €100,000 on R3's Corda blockchain.

Funds Network Calastone to Roll Out Blockchain Settlements in 2019

| Yogita Khatri

Calastone, the U.K.-based operator of a transactions network for investment funds, is moving settlement to a blockchain by May 2019

Bitcoin ETF Seekers Met With SEC Monday In Latest Pitch for Approval

| Nikhilesh De

VanEck, SolidX and Cboe met with SEC staff on Monday to demonstrate how the bitcoin market is ready for an ETF.

ConsenSys HQ

ConsenSys Backs $2.1 Million Funding Round for Ethereum Privacy Startup

| Anna Baydakova

ConsenSys Labs has led a $2.1 million seed round for AZTEC, a startup working to make ethereum transactions private.

Blockchain Oil Trading Platform Backed by Shell and BP Is Now Live

| Yogita Khatri

A blockchain platform built by a group of major firms to bring new efficiencies to energy commodities trading has gone live.

Coinbase Quietly Opened Its OTC Crypto Trading Desk This Month

| Yogita Khatri

U.S.-based cryptocurrency exchange Coinbase opened its over-the-counter (OTC) crypto trading desk this month, Cheddar reports.

Goldman, Morgan Stanley Go Live With CLS’ IBM-Powered Blockchain

| Anna Baydakova

CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in…

Bloomberg: Nasdaq Still Planning Bitcoin Futures Launch in 2019

| Yogita Khatri

Stock exchange operator Nasdaq is sticking with plans to launch bitcoin futures contracts early next year, say Bloomberg sources.

Abu Dhabi Bank Settles $500 Million Bond on a Blockchain

| Yogita Khatri

Abu Dhabi-based Al Hilal Bank has carried out a blockchain-based transaction for an Islamic bond worth $500 million.