Capital Markets

DeVere Group Targets Arbitrage With New Crypto Fund

| Yogita Khatri

U.K.-based financial advisory firm deVere Group has launched an actively managed fund offering investors exposure to cryptocurrencies.

Coinbase’s Head of Trading Resigns After Six Months on Job

| Ian Allison

The head of trading at Coinbase, Hunter Merghart, has resigned just six months after joining the crypto startup from Barclays, CoinDesk has learned.

Hong Kong Stock Exchange Taps Digital Asset for Post-Trade Blockchain Trial

| Yogita Khatri

The Hong Kong Stock Exchange has teamed up with DLT startup Digital Asset to develop a blockchain platform for post-trade processing.

Ethereum’s Biggest Enterprise Group Is Releasing New Software Specs

| Ian Allison

The largest blockchain consortium has released its latest round of specifications – the next steps to harmonizing the way big companies use…

Germany’s Central Bank Claims Success in Blockchain Settlement Trial

| Yogita Khatri

Germany's central bank and Deutsche Börse say they have successfully completed a blockchain trial for securities settlement.

Microfinance Firm Plans Issuance of Shariah-Compliant Blockchain Bonds

| Yogita Khatri

An Indonesian microfinance firm is looking to put Sharia compliant bonds called sukuks on the blockchain to fund social projects.

Blockchain Firm SETL Wins License to Operate Central Securities Depository

| Yogita Khatri

Blockchain firm SETL has received a license from the French securities regulator to operate a central securities depository in Europe.

PBoC’s Digital Currency Chief Departs to Lead Securities Clearing House

| Wolfie Zhao

The former chief of China's central bank digital currency initiative has left the role to lead the country's central securities clearing house.

Crypto Hedge Fund Launches Are Soaring to Record Levels This Year

| Daniel Palmer

Despite the bear market in cryptocurrencies, crypto hedge funds are expected to comprise 20% of all hedge fund launches this year, research indicates.

Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding

| Ian Allison

Blockchain finance firm Clearmatics has closed a $12-million Series A funding round led by Route 66 Ventures.