Tagged: r3

February 16, 2025 @ 6:25 pm By Omar Faridi  |  

R3, the financial markets digital solutions provider, announces considerable momentum across projects, having reached the milestone of $10 billion in on-chain real-world assets (RWAs) across live Corda-based platforms, with over “1 million transactions processed each day.” Following the launch of its Digital Markets product suite… Read More

February 6, 2025 @ 3:07 pm By JD Alois  |  

R3, the creator of Corda, a permissioned blockchain for tokenizing assets, has announced a partnership with IDEMIA Secure Transactions (IST) to boost its ability to issue central bank digital currencies (CBDCs). IDEMIA is a provider of payments and connectivity solutions that can also handle offline… Read More

November 13, 2024 @ 11:57 am By JD Alois  |  

R3’s Corda platform will be utilized to support digital real estate services in partnership with Radian. According to a statement distributed by the firm, digital services will include title insurance, closing, and settlement services process. Corda, R3’s permissioned blockchain, aims to help the real estate… Read More

November 7, 2024 @ 9:36 am By JD Alois  |  

R3 and its Corda platform have been selected to provide services for the European DLT [distributed ledger technology] pilot regime. Corda is the first DLT to be approved by ESMA [the European Securities and Markets Authority] The DLT Pilot Regime opened up applications in the… Read More

November 2, 2024 @ 4:14 pm By Omar Faridi  |  

Bloomberg had reported this past week that enterprise blockchain company R3 has held discussions with certain representatives at Ava Labs (which is known to be focused on the development of Avalanche), the Solana Foundation and Adhara regarding a possible minority investment in the company, or… Read More

September 26, 2024 @ 10:21 am By JD Alois  |  

R3, a permissioned blockchain provder targeting the enterprise sector, is partnering with Ownera on interoperability solutions for R3’s blockchain Corda. Ownera specializes in digital securities or “tokenized” assets. Ownera seeks to boost distribution and liquidity by connecting tokenized assets, enabling the negotiation and settlement of… Read More

September 17, 2024 @ 7:37 am By Omar Faridi  |  

R3, the infrastructure platform building digital solutions for financial markets, and Quant, the digital finance pioneer, announce the release of the results of UK Finance’s UK Regulated Liability Network. The report which follows work with UK Finance with eleven of its members and partners on… Read More

April 15, 2024 @ 11:36 am By JD Alois  |  

Two digital asset firms, R3 and Quant, have been chosen to provide services for the UK’s Regulated Liability Network (RLN). R3 is an enterprise focused permissioned blockchain provider named Corda. Quant is a tokenization service supporting traditional financial institutions. RLN is led by UK Finance… Read More

April 2, 2024 @ 7:35 am By JD Alois  |  

Three big banks – Lloyds Banking Group, Nationwide, and Natwest, along with Rightmove, have invested in the Proptech firm Coadjute. Lloyds Banking Group led the funding round, investing £3 million of the £10 million total raise. This round brings the company’s total raised to £23… Read More

March 6, 2024 @ 10:43 am By JD Alois  |  

The Chancellor of the Exchequer, Jeremy Hunt, delivered the Spring Budget today, and once again, there was something for everyone to like or dislike. The budget is being described as a “Budget for long-term growth,” highlighting the expectation that inflation will move lower. Hunt said the… Read More

February 22, 2024 @ 4:00 am By JD Alois  |  

Bob Wigley, the Chairman of UK Finance, has joined the Board of Directors of R3. UK Finance is a group that advocates on behalf of the UK financial services industry, representing over 300 individual firms. The group aims to drive innovation and help to shape… Read More

January 24, 2024 @ 6:54 pm By JD Alois  |  

Enterprise blockchain firm R3 has hired Kate Karimson as its new Chief Commercial Officer. According to R3, Karimson joins after executive positions at the CME Group, BrokerTec, ICAP, and LedgerEdge. R3 CEO and founder David Rutter said they are focused on progressing in the capital… Read More

January 5, 2024 @ 9:37 am By Omar Faridi  |  

Digital securities are broadly acknowledged as the future of all securities. Yet, progress has been slow for regulators around the world to craft the needed rules to enable digital to replace existing analog securities. The advent of distributed ledger technology (DLT), or blockchains, is expected… Read More

October 31, 2023 @ 11:38 am By JD Alois  |  

Yesterday, CI reported that multiple regulators around the world had announced a partnership to collaborate on digital asset, or crypto asset, innovation. The goal is to enable innovation to thrive while protecting investors. The agencies participating in the partnership include the UK Financial Conduct Authority… Read More

October 24, 2023 @ 2:19 pm By JD Alois  |  

The Luxembourg Stock Exchange (LuxSE) has listed the “first digital native security” or “digital native note (DNN)” to be admitted to trade in the European Union. As was reported earlier today, R3 worked with the World Bank to issue the security on its Corda blockchain…. Read More

October 24, 2023 @ 10:01 am By JD Alois  |  

R3, an enterprise-focused permissed blockchain provider, is reporting that its Corda technology has enabled the first digital bond issuance on Euroclear’s International Central Securities Depository (ICSD). The SSA, or “supranational, sovereign and agency bond,” was issued by the World Bank, with Citi (an investor in… Read More

October 18, 2023 @ 10:59 am By JD Alois  |  

While a decision is not yet final, the European Central Bank (ECB) has entered the “preparation phase” to issue a digital Euro. The ECB has been ruminating on the pros and cons of a central bank digital currency (CBDC) for some time now. This most… Read More

June 28, 2023 @ 6:56 pm By JD Alois  |  

Like many other jurisdictions, the European Union has been reviewing the potential to launch a digital Euro, and today, the EU took another step in that direction. As expected, the EU issued a proposal to create a digital Euro which seeks to satisfy the needs… Read More

June 20, 2023 @ 5:44 pm By Omar Faridi  |  

R3, the enterprise distributed ledger technology (DLT) and services firm, announced the next generation of its flagship platform Corda at its hosted event in New York. The updated version has been “designed for global financial market infrastructure providers and central banks to enable applications to… Read More

April 6, 2023 @ 10:43 pm By Omar Faridi  |  

The Central Bank of the UAE (CBUAE) has launched its Central Bank Digital Currency (CBDC) Implementation Strategy in collaboration with R3, G42 Cloud and Clifford Chance. For Phase 1, R3 and G42 Cloud have been “selected as the technology and infrastructure providers of the initiative… Read More