Northern Trust, PwC Launch ‘Instant’ Blockchain Audits
Rather than waiting for periodic reports, auditors of private equity funds on Northern Trust's blockchain will get the data almost immediately.
Prime Trust, a Nevada trust company, says it can handle custody for bitcoin, ether and any token issued on ethereum under the ERC-20 standard.
U.S.-based custody bank Northern Trust is helping traditional "mainstream" hedge funds expand into cryptocurrencies, says Forbes.
The U.S.-based custody bank is looking to offer fractions of tokenized bonds to retail and small professional investors.
Northern Trust Corporation has been granted a patent for a system to create immutable records of meetings on a blockchain.
Banco Santander has completed a blockchain pilot that it says improves the process of proxy voting during annual general meetings.