Zodia Custody is currently pending approval by the U.K.’s Financial Conduct Authority and is expected to launch in 2021.
Northern Trust Testing Fractionlized Bonds on Blockchain
The U.S.-based custody bank is working with BondEvalue, a Singapore-based debt markets tech company, to offer fractions of tokenized bonds to retail and small professional investors.
Prime Trust Enters Crypto Custody Race, Will Hold ‘Any’ Ethereum Token
Prime Trust, a Nevada trust company, says it can handle custody for bitcoin, ether and any token issued on ethereum under the ERC-20 standard.
Northern Trust Is Helping Hedge Funds Invest in Cryptocurrencies
U.S.-based custody bank Northern Trust is helping traditional “mainstream” hedge funds expand into cryptocurrencies, says Forbes.
Northern Trust Wins Patent for Storing Meeting Minutes on a Blockchain
Northern Trust Corporation has been granted a patent for a system to create immutable records of meetings on a blockchain.
Santander Conducts Proxy Voting Blockchain Pilot at AGM
Banco Santander has completed a blockchain pilot that it says improves the process of proxy voting during annual general meetings.
Northern Trust and PwC Move to Accelerate Audits with Blockchain
Rather than waiting for periodic reports, auditors of private equity funds on Northern Trust’s blockchain will get the data almost immediately.