Category: Securities

Vertalo to Tokenize 22 Securities Worth $200M on Tezos Blockchain

More than 20 companies expect to tokenize securities on the Tezos blockchain, representing some $200 million in deals, through a new partnership with fintech merchant bank DealBox and software provider Vertalo. Announced Monday, the partnership will see Vertalo tokenize...

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ASX Sees Industry Benefits Arising From Blockchain Upgrade as July Tests Approach

The chief of the Australian Securities Exchange (ASX) said the company’s approaching shift to blockchain tech could bring opportunities to the wider securities industry. In a results call for H1 2020 Thursday, reported by ZDNet, ASX CEO Dominic Stevens...

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DTCC Calls on Banks and Regulators to Help Address Blockchain Security Issues

The Depository Trust & Clearing Corporation (DTCC) wants the financial sector to form a consortium alongside regulators to reduce risks associated with blockchain. In a white paper published Wednesday, the New York-based post-trade financial services firm said participants in...

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Canadian Regulatory Group Targets Crypto Exchanges Holding Users’ Digital Assets

Canada’s top financial watchdog has told crypto exchanges they will be subject to securities law if they act as custodians to users’ digital assets. The Canadian Securities Administrators (CSA) said in guidance published Thursday the common exchange practice of...

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TokenSoft Registers an SEC Transfer Agent to Build ‘Automated Investment Bank’

Transfer agents act as intermediaries for parties in stock transactions. They can engage in activities like providing stock transfer services, book entries, order reviews, proxy voting, dividend disbursement and providing reports to fulfill regulatory and tax obligations. Source

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