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Infrastructure, AI impact and partnering with private credit
Wholesale and retail CBDCs are moving forward in EU and UK, but there is more push-back on retail version
Deal expected to be priced after multi-week marketing period
Fintech tokenises £1.3bn of UK mortgages in first for Europe
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  • The central banks aren’t the only 800lb gorillas in the bond market. How tech companies choose to liquidate their investments and hand cash back to shareholders could drive the outlook for bonds just as much as monetary policy.
  • Digital Asset, the financial services distributed ledger firm headed by Blythe Masters, said on Wednesday that it had hired a JP Morgan executive to work on its project with the Australian Stock Exchange (ASX).
  • The annual LendIt event in San Francisco honed in on key themes such as financial inclusion for US consumers, rising household debt and online lenders' ABS aspirations. Meanwhile, conference goers are beginning to turn their attention to blockchain technology as LendIt’s BlockFin sister event gets underway.
  • The UK Financial Conduct Authority has confirmed that firms involved in the nascent cryptocurrency derivatives markets must register with the regulator and comply with its rulebook.
  • Fintech firm Algomi is set to announce a new round of funding with a major market player, GlobalCapital understands, following the departure of chief executive Stu Taylor. The firm is yet to be profitable, losing £15m during 2016, but last year the firm secured investments from EuroNext and S&P, protecting its future despite the cash burn.
  • Mireille Dyrberg, the former COO of Nex Group fintech subsidiary TriOptima, has joined data reconciliation firm Duco.