• Singapore's DBS bank launches crypto exchange
    Singapore's DBS Bank is launching a crypto exchange that will allow it to offer tokenized securities (Photo: Scopio)
    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

    December 10, 2020 /

    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.

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  • Texture Capital licensed tokenized securities
    The U.S. Financial Industry Regulatory Authority has smiled upon Texture Capital (Wikimedia Commons/Ajay Suresh)
    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

    November 10, 2020 /

    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.

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