Trade Finance

Citibank logo
Citigroup Unveils Token Services for Institutional Clients
In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working with shipping company Maersk and a canal authority.
Citibank logo

Justin Sun, speaking at the Binance Blockchain Week in Paris. (Amitoj Singh/CoinDesk)
Tron Founder Justin Sun Thinks Crypto Could Learn Something From TradFi
“We want our 100 million customers to know that we really take their money and their data seriously,” he said in an interview with CoinDesk.
Justin Sun, speaking at the Binance Blockchain Week in Paris. (Amitoj Singh/CoinDesk)

Money Reimagined Podcast Cover
The Regulatory Web of Crypto
Exploring a hybrid approach to world banking and regulation in the crypto space.
Money Reimagined Podcast Cover

Shanghai. (Freeman Zhou/Unsplash)
Shanghai to Test Offshore Yuan Stablecoin on the Conflux Blockchain
China is using restricted-access blockchains in many industries, but the government use of a decentralized chain is rare.
Shanghai. (Freeman Zhou/Unsplash)

Standard Chartered (CoinDesk archives)
Standard Chartered to Launch Blockchain Trade Finance Platform in Joint Venture
The Olea platform will leverage blockchain tech in a bid to connect institutional investors to businesses requiring supply chain financing.
Standard Chartered (CoinDesk archives)

cellphone users mobile
Russia's Telecom Giant MTS Invests $11.7M in Blockchain Trade-Finance Service: Report
MTS bought 51% of Factorin, a Russia-based trade-finance service, for $11.7 million.
cellphone users mobile

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Greensill's Collapse and How Blockchains Are Changing Trade Finance
Without letters of credit, bills of lading, shipping documents and trillions of dollars in global goods trade would grind to a halt. (And you thought our dependency on the Sue...
MR23FRONTPAGEIMAGE

Corda Network is the public offshoot of R3's enterprise blockchain efforts.
R3 Corda Now Has a Bridge to Public Blockchains With Arrival of Ethereum-Based XDC
Former RBS bankers from blockchain startup LAB577 built the bridge.
Corda Network is the public offshoot of R3's enterprise blockchain efforts.

south dakota
Aegis Custody Clears Hurdle in Bid for South Dakota Trust Charter
Aegis Custody wants to build a tokenized bridge between U.S. investors and trade finance opportunities in Asia.
south dakota

Container ship outside Hong Kong
Indian Trade Finance Startup Raises $3.7M in Token Sale Led by Arrington XRP
Persistence has closed a $3.7 million token round led by Arrington XRP Capital and including Alameda Research, Terra and others.
Container ship outside Hong Kong