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Showing 111 - 120 of 162 results for "digital assets"

ANZ stablecoin amplifies changing operating models

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... ANZ customer Victor Smorgon Group we delivered the stablecoin to Zerocap, a private wealth management firm for digital assets." "$A30 million in A$DC was minted as part of the transaction - pegged to the Australian dollar - which was transferred between ...

Mantis adds Zerocap crypto fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
... Smart Beta Bitcoin Fund, and this is its first distribution partnership in Australia. "While the trend towards digital assets has been steadily building momentum, the potential store of value benefits of cryptocurrencies are more topical than ever for ...

ANZ becomes first Australian bank to develop stablecoin

CHLOE WALKER  |  FRIDAY, 25 MAR 2022
... stablecoin transaction was successfully completed for Victor Smorgon Group via private wealth management firm for digital assets Zerocap. ANZ stated it minted 30 million A$DC using an ANZ built Ethereum Virtual Machine (EVM) via a smart contract through ...

Pendal executive to join crypto firm

KARREN VERGARA  |  MONDAY, 14 MAR 2022
... director and chief executive Jon Deane said the appointment reinforces the firm's belief in the integration of digital assets with traditional investment strategies as a means of optimising risk-weighted returns in the evolving markets of today. ...

State Street develops digital custody capability

ELIZABETH MCARTHUR  |  THURSDAY, 10 MAR 2022
State Street intends to offer digital custody for some cryptocurrencies and other digital assets, subject to regulatory approvals, with a new partnership. State Street Digital, State Street's dedicated digital division, has entered into a licensing ...

Biden signs executive order on digital assets

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
US President Joe Biden has signed an executive order on ensuring the responsible development of digital assets, in a move that has seen the price of Bitcoin jump. Signed overnight, the executive order outlines the first whole-of-government strategy ...

Millions of trees needed to offset NFTs

ELIZABETH MCARTHUR  |  THURSDAY, 3 MAR 2022
Despite being digital assets and intangible in nature, non-fungible tokens (NFTs), have a significant environmental impact. A new calculator launched by NFT Club revealed it would take almost four million trees to offset the carbon emissions of the ...

New digital asset fund launched

STAFF WRITER  |  WEDNESDAY, 2 MAR 2022
Balmoral Digital has launched a new digital assets fund for wholesale and sophisticated investors. The new fund is managed by Balmoral Digital founders and portfolio managers Angus Crennan and Jesse Smythe and offers an alternative for investors as ...

Member contributions lift super assets to $3.5tn

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... allocated to this asset class, rising steadily from $194 million in June 2019, when members first began investing in digital assets. Overseas managed investments and residential property assets worth $1.9 billion and $472 million respectively comprised ...

Assets under custody hit $4.7tn

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
... regulatory data reporting requirements, the evolving role of custodians in supporting institutional involvement in digital assets including cryptocurrencies, and the implementation of the ASX's DLT-based replacement for CHESS. "ACSA remains well ...