Tagged: dlt

January 21, 2026 @ 4:59 pm By Omar Faridi  |  

Mike Cagney, Co-founder and Executive Chairman of Figure Technology Solutions (Nasdaq: FIGR), emphasizes the need to critically evaluate blockchain’s advantages over traditional systems. Rather than vague promises of cost savings or improved liquidity, Cagney highlights tangible benefits through Figure’s On-chain Public Equity Network (OPEN), a… Read More

January 11, 2026 @ 11:15 pm By Omar Faridi  |  

Lloyds Banking Group has reportedly completed the UK’s first public blockchain transaction using Tokenized Deposits. Partnering with digital asset exchange Archax and the Canton Network, the bank executed the purchase of a Tokenized Gilt, marking a global first for sterling deposits on a public ledger…. Read More

December 24, 2025 @ 1:01 am By Omar Faridi  |  

21X – Europe’s DLT trading and settlement system under the EU DLT Regime – and SOOHO.IO – the Korean blockchain fintech powering Project Namsan, an institutional consortium building a stablecoin ecosystem for FX and programmable payments – announced they are exploring a collaboration. This tie-up… Read More

December 19, 2025 @ 3:45 pm By Omar Faridi  |  

21X, Europe’s regulated DLT Trading and Settlement System (DLT TSS), has announced the technical availability of its regulated trading venue for tokenized securities on the Stellar network. This milestone confirms Stellar as the second public blockchain available on 21X, cementing the company’s “position as a… Read More

December 17, 2025 @ 10:48 am By Omar Faridi  |  

In a recent exchange on X, Mike Cagney, co-founder and executive chairman of Figure Technologies (Nasdaq: FIGR), dismissed real estate as a “red herring” in the push to migrate assets onto blockchain. Responding to a query about tokenizing real-world assets (RWAs), Cagney argued thar real… Read More

December 15, 2025 @ 8:12 pm By Omar Faridi  |  

The Avalanche Foundation has recently announced the formal incorporation of a Distributed Ledger Technology (DLT) Foundation within Abu Dhabi Global Market (ADGM), a milestone in Avalanche’s vision to support Web3 adoption, enterprise partnerships, and ecosystem growth across the MENA region. The DLT entity (The Avalanche… Read More

December 8, 2025 @ 1:12 am By Omar Faridi  |  

Lloyds and WaveBL, a blockchain-powered platform intended for digital trade documents, have now reportedly completed a digital Letter of Credit (LC) transaction. The latest transaction, a Documentary Credit in favour of West Yorkshire-based laboratory equipment business, Labtex, was completed by Lloyds and an Indian bank…. Read More

November 28, 2025 @ 2:47 am By Omar Faridi  |  

Brickken says its mission is to bridge traditional finance and now with a recent update, blockchain reportedly takes another step forward with their latest integration with the XDC Network. This newly unveiled integration extends Brickken’s tokenization infrastructure to the XDC ecosystem, enabling corporations, asset managers,… Read More

November 27, 2025 @ 9:30 am By Omar Faridi  |  

Deutsche Börse Group and AllUnity, a joint venture between DWS, Flow Traders, and Galaxy,and aregulated e-money institute, have signed a Memorandum of Understanding. The collab now aims to integrate AllUnity’s regulated euro-backed stablecoin offering into Deutsche Börse Group’s infrastructure. As part of the cooperation, EURAU,… Read More

November 25, 2025 @ 11:04 am By Omar Faridi  |  

iCapital, the fintech shaping the future of investing, has recently announced the deployment of distributed ledger technology (DLT) to support Morgan Stanley (NYSE:MS) Wealth Management’s alternatives business. This latest initiative is part of iCapital’s broader strategy to drive digital transformation and deliver seamless connectivity, enhancing… Read More

November 18, 2025 @ 1:40 am By Omar Faridi  |  

The Commercial Bank Money Token (CBMT) Working Group announced the launch of the CBMT Sandbox, a test environment for banks and enterprises to pilot CBMT in institutional and corporate use cases. A launch session will be held on November 19 in Frankfurt. As part of… Read More

November 13, 2025 @ 8:20 pm By Omar Faridi  |  

AURAS Technologies MENA FZCO, a Dubai-based firm that is specialized in Distributed Ledger Technology (DLT) services, has recently announced the launch of AURAS Pay, which is described as a non-custodial decentralized payments platform that allows various merchants to accept and manage digital asset transactions directly… Read More

November 5, 2025 @ 8:08 am By Omar Faridi  |  

Clearstream, a provider of post-trade services and part of Deutsche Börse Group, has launched a tokenized securities platform: D7 DLT. With D7 DLT, Clearstream facilitates the issuance and management of securities, based on distributed-ledger technology (DLT) and compliant with the central securities depository regulation (CSDR)…. Read More

November 4, 2025 @ 1:38 pm By Omar Faridi  |  

JPMorgan  (NYSE:JPM) revealed this past week that it will be further extending its Kinexys blockchain beyond simple payments and repo trading into the back-office infrastructure supporting fast-growing private markets. The US banking institution stated this past Thursday that its asset and wealth management units, along… Read More

October 17, 2025 @ 8:15 am By Omar Faridi  |  

Sygnum Bank Middle East announces the launch of Sygnum Validators, a new service launched from Abu Dhabi Global Market (ADGM) which includes operating institutional-grade validator nodes for select blockchain net​​works that enable non-custodial staking. The first validator to launch supports the Solana network, enabling eligible… Read More

October 13, 2025 @ 6:18 pm By Omar Faridi  |  

Michael Tannenbaum, CEO of Figure (NASDAQ:FIGR), has recently noted that Tricolor bankruptcy made headlines and for “good reason.” The Texas-headquartered auto lender had allegedly “double-pledged” hundreds of millions of dollars in car loans to various banks like JPMorgan and Fifth Third. What appeared to be a… Read More

October 9, 2025 @ 4:27 pm By Omar Faridi  |  

Polygon has taken a step forward as the global payments chain in web3 with the Rio upgrade, which is being described as a product-focused network rehaul, now live on mainnet. As explained in the update, Rio now aims to make Polygon a lighter, more reliable,… Read More

August 26, 2025 @ 9:07 pm By Omar Faridi  |  

OCBC (SGX: O39), one of Singapore’s established banking institutions, has launched a US$1 billion digital US commercial paper (CP) program powered by blockchain technology. This initiative marks a step forward in leveraging distributed ledger technology to enhance efficiency, transparency, and security in short-term financing instruments. The… Read More

August 23, 2025 @ 8:09 am By Omar Faridi  |  

The financial sector is undergoing a major shift as traditional banking firms pivot toward blockchain technology, recognizing its potential to reshape the digital economy. A report from CB Insights highlights how major banks are diving headfirst into the digital asset ecosystem, leveraging blockchain to make… Read More

August 22, 2025 @ 8:48 am By Omar Faridi  |  

State Street Corporation (NYSE: STT) announced that it has become the first third-party custodian to launch on J.P. Morgan’s Digital Debt Service, marking a key milestone in the institutional adoption of blockchain-based debt securities. This collaboration enables State Street to “offer custody services for debt… Read More