African Development Bank Visionary Approach to Multilateral Development
TL ; DR The African Development Bank (AfDB) has successfully issued a $750 million perpetual hybrid capital note, marking a historic moment for multilateral development banks. This financial approach, a first for institutions facing mounting pressures to enhance lending capabilities, comes as the G20 group urges such entities to explore innovative financing structures. The aim […]
JPMorgan executes first live tokenized settlement with BlackRock and Barclays
JPMorgan has executed its first live blockchain-based collateral settlement, partnering with BlackRock and Barclays. Utilizing the bank’s Ethereum-based Onyx blockchain alongside the newly introduced Tokenized Collateral Network (TCN), this transaction signifies a momentous stride regarding asset tokenization. BlackRock employed TCN to tokenize shares in one of its money market funds, which were swiftly transferred to […]
Barclays to buy stakes in $2bn crypto firm Copper
Investor trust in the crypto market has seen slight improvement as there is a positive trend seen. These changes have resulted in the plans for the purchase of stakes from Barclays, a British bank. Sky News has disclosed the details of the plans for its investment in crypto. Last week a new report from top […]
