Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 123 results for "Digital Asset"

Global X accelerates push to leapfrog local rivals

ANDREW MCKEAN  |  WEDNESDAY, 6 DEC 2023
Global X is intensifying efforts to challenge local ETF managers, targeting an ambitious growth in assets under management (AUM) by the end of 2024. The ETF manager, having reached $6 billion AUM in 2023, is now pursuing a goal of $10 billion by 2025 ...

BlackRock plans to launch Ethereum ETF

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... crypto investors. On BlackRock's application, ETC Group chief strategy officer Bradley Duke, a leading provider of digital asset-backed securities in Europe, said: "Given the SEC had approved both Bitcoin and Ethereum Futures-based ETFs, it makes sense ...

Crypto exchanges to obey financial services rulebook

ANDREW MCKEAN  |  MONDAY, 16 OCT 2023
The government plans to mandate that crypto exchanges adhere to Australian financial services laws, requiring digital asset platform operators to obtain an AFSL. Treasury's Regulating digital asset platforms' consultation, released today, mandates that ...

Saxo APAC asset management lead exits

KARREN VERGARA  |  MONDAY, 4 SEP 2023
... 2021 and has recently left the firm, Saxo confirmed. Prasad was hired at a time when Saxo embarked on launching its digital asset management offering to Australia, Singapore, Hong Kong, Greater China, and Japan. During his tenure, Prasad helped launch ...

Calastone, Schroders collaborate on tokenised investment vehicle

ANDREW MCKEAN  |  TUESDAY, 27 JUN 2023
... economic arrangements, and we are delighted to be working with Calastone to contribute to the advancement of the digital asset ecosystem. "We look forward to collaborating with various industry players to bring this pioneering technology to market, ushering ...

BlackRock Bitcoin ETF: A landmark institutional event?

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
The BlackRock ETF filing with the Securities and Exchange Commission (SEC) has been touted by Magnet Capital co-founder Egor Sidelska as the most significant institutional event in Bitcoin history. Sidelska said the BlackRock ETF filing is a definitive ...

BlackRock files for bitcoin ETF

ANDREW MCKEAN  |  FRIDAY, 16 JUN 2023
... Trust comes amid a period of extreme volatility for many digital assets, including bitcoin. Recent events in the digital asset industry, including the bankruptcy of several entities and regulatory scrutiny, have triggered extreme price volatility and ...

HNW population sees biggest decline in decade

CHLOE WALKER  |  WEDNESDAY, 7 JUN 2023
The global high-net-worth (HNW) population dropped by 3.3% to 21.7 million in 2022, while the value of its wealth decreased by 3.6% to $124.3 trillion, according to Capgemini's latest World Wealth Report. This drop, stated by the report, is the steepest ...

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
... another example of the Commission's misguided and conscious refusal to provide much-needed clarity and guidance to the digital asset industry," it said. "Digital asset laws remain largely undeveloped in much of the world, and regulation by enforcement ...

Superhero launches in New Zealand

CASSANDRA BALDINI  |  TUESDAY, 9 MAY 2023
... we're excited to do the same in New Zealand." The announcement follows the failure of Superhero's merger with digital asset broker Swyftx which looked to establish a $1.5 billion financial services giant. In December, Superhero announced that ...