• Singapore's DBS bank launches crypto exchange
    Cryptocurrencies,  Technology

    Singapore’s DBS bank launches previously leaked crypto exchange

    The bank will also conduct security token offerings, allowing firms to raise capital by digitizing financial assets such as shares in unlisted companies, bonds, and private equity funds

    DBS’ crypto asset trading platform will support the trading of bitcoin, ether (ETH), XRP and bitcoin cash (BCH) against the yen, and U.S., Singapore, and Hong Kong dollars. The platform could launch as soon as next week. It is 10% owned by Singapore Exchange.

  • Texture Capital licensed tokenized securities
    Cryptocurrencies,  Regulation,  United States

    Texture Capital gains U.S. regulator’s approval to issue tokenized securities

    FINRA granted the firm both a digital securities broker-dealer and Alternative Trading System operator license

    Texture Capital will now be able to begin issuing, tokenizing, and trading digital securities in the United States. It aims to leverage technology—and more specifically blockchain-based smart contracts—to allow institutions to directly participate in the private markets more efficiently.