Capital Group CEO sees mid-sized asset managers getting ‘hollowed out’
Capital Group CEO Mike Gitlin expects smaller boutique firms to survive on satellite allocations and larger firms taking more market share of investors’ core exposure.
Digital Assets
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Nium partners with Coinbase for stablecoin payments and settlement
Coinbase serves as the stablecoin payments and liquidity infrastructure, wallet provider, and regulated custodian.
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L&G partners with Calastone on tokenised liquidity funds
The organisations have brought L&G’s £50bn AUM range to Calastone’s network as tokens available on the blockchain.
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Tokenised funds: From hype to plumbing
The direction of travel is clear, and the pace looks to be accelerating, writes Sam Leary.
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Singapore’s MetaComp raises pre-A+ round backed by Alibaba
The platform delivers hybrid fiat and stablecoin payment solutions, and access to traditional and tokenised wealth management products.
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IFS Capital unveils a digital loan platform in HK
Lendingpot connects borrowers with licensed moneylenders.
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Digital asset firm launches tokenized Pokémon trading card fund
Hong Kong-listed digital asset firm MemeStrategy is launching a tokenized fund dedicated to Pokémon trading cards.
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Franklin Templeton and Binance extend collaboration
Eligible institutions can use Benji-issued tokenized money market funds as off-exchange collateral to trade on Binance using Ceffu’s custody layer.
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SFC unveils initiatives to boost digital asset market in Hong Kong
The regulator has also set out a framework to guide VATPs n developing perpetual contracts.
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KKR-led consortium with Singtel to buy ST Telemedia Global Data Centres
It marks one of the largest digital infrastructure transactions in Southeast Asia.
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DigiFT launches actively managed tokenized equity fund
BNY is the investment management services provider.
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Fidelity sees a bright outlook for digital assets
Institutional participation is growing, ranging from corporate treasuries and private banks to sovereign wealth funds and advisers.
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KGI partners with Hash Global to launch BNB yield fund
The fund intends to address gaps in regulated digital asset access in Asia.
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Apac leads the world in tokenisation: survey
Asia Pacific has emerged as a frontrunner when it comes to tokenisation, according to study by Calastone, a global funds network.
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DBS and Franklin Templeton partner for tokenised asset platform
The platform powered will be driven by tokenised money market funds on the XRP ledger blockchain and stablecoins such as Ripple USD.
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BNY picked as investment manager for OpenEden tokenised US Treasury fund
BNY will also serve as custodian for the Singapore-based fintech firm’s tokenised fund.
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ChinaAMC launches USD and RMB tokenised money market funds
The launch marks the world’s first tokenized fund denominated in RMB.