Tassat, a global provider of financial technologies and products for digital payments and digital exchange, has appointed Krishna Prasad as its new CEO.

Digital asset trading platform Bitfinex has deployed a proprietary surveillance tool to combat market abuse and help promote orderly trading on the exchange.

Wave Financial Group (Wave), a regulated asset management firm focused on digital assets, is working with Wilderness Trail Distillery to launch the Wave Kentucky Whiskey 2020 Digital Fund, Ltd, the first tokenised US whiskey barrel fund available to the market. 

Institutional investors now have access to a digital asset lending service similar to lending businesses in traditional financial markets.

STASIS, a technology provider and issuer of the most widely used Euro-backed stablecoin, EURS, has launched STASIS Wallet equipped with SEPA (Single Euro Payments Area) integration, to establish a frontend solution for licensed financial services in Europe. 

Lloyd’s has launched a new insurance policy to protect cryptocurrency held in online wallets against theft or other malicious hacks.

AST has launched ProxyIQ, a blockchain-based proxy campaign management platform, which aims to provide mutual fund issuers with the best proxy campaign tabulation, reporting and predictive analytics, allowing for smarter, more cost-effective campaign execution.

B2C2, a cryptocurrency liquidity provider, and SFOX, a cryptocurrency prime dealer for large-scale investors, are partnering to provide asset managers, hedge funds, family offices and high net worth individuals with a new source of liquidity.

With the adoption of distributed ledger technology (DLT) expected to grow in financial services, The Depository Trust & Clearing Corporation (DTCC), has published a white paper, Security of DLT Networks, that recommends establishing a comprehensive industry-wide DLT Security Framework to review existing security guidelines, gaps in the approach to DLT security, and the need for increased standards. 

Actinver, BNP Paribas, Citibank and JP Morgan are now live on CLSNet, a standardised, automated bilateral payment netting calculation service for over 120 currencies operating on a distributed ledger technology (DLT) platform.