Standard Chartered is working with crypto exchange OKX on a collateral mirroring programme, enabling institutional clients to utilise cryptocurrencies and tokenised money market funds as off-exchange collateral for trading.

Deutsche Bank-backed Taurus is to tokenize the SME credit portfolio of Zurich-based Teylor, providing investors access to SME credit opportunities.

BUX Holding has sold its UK business BUX Financial Services Limited (BFS) to Asseta Holding, the parent company of UAE-based investment firm APM Capital.

The majority of UK-based financial firms are risk-averse when it comes to new technology, according to recently published research.

A group of financial firms, including Bank of America, Circle and the DTCC, have used the Canton Network blockchain platform to complete the first full on-chain financing of US Treasuries (UST) against the USDC stablecoin.

HSBC is moving deeper into the digital assets market with the launch of an institutional grade custody service for tokenized securities using technology from Ripple-owned Swiss crypto safekeeping firm Metaco.

US-based stock trading app Robinhood is planning to expand its European presence by offering investors in the region access to tokenised US securities.

The Swiss National Bank is to expand its wholesale central bank digital currency pilot, Helvetia, for a further two years after promising results in early trials.

Tokenisation of money has many benefits, but also poses economic, legal and technical challenges that must be addressed if it is to fulfil its potential, says the Bank for International Settlements.

London-based payments network TrueLayer is set to expand its presence in Europe after striking an agreement to buy Nordic competitor Zimpler.

Mounting regulatory requirements and growing stakeholder pressure is driving a surge in demand for ESG reporting and data management software, creating a multi-billion dollar market that vendors need to keep up with, according to a report from research firm Verdantix.

In conversation with Finextra, Hirander Misra, chairman and CEO of GMEX Group, and CEO of its carbon tracking company ZERO13, spoke on the complexities of the carbon market and untapped potential for its growth.

The new Labour Government says it remains committed to taking forward the Private Intermittent Securities and Capital Exchange System (Pisces), a bespoke regulated market for private company shares.

Moving swiftly to the interactive workshop, the session Sustainable Finance Live is known for was hailed as being a rapid cocreation opportunity for attendees and where ideas became reality in just an hour.

Former UK Chancellor of the Exchequer George Osborne has joined the advisory council of cryptocurrency exchange Coinbase.