New York City-based HIFI, which provides API infrastructure for stablecoin payments and settlements, raised a $37M Series A led by Left Lane Capital
The funding follows HIFI's role in DTCC's July tokenized-asset trades and a September Visa partnership for stablecoin-funded payouts.
Wall Street clearinghouse DTCC selects the Canton Network blockchain as a real-world asset tokenization partner after receiving a No-Action Letter from the SEC
Canton creator Digital Asset will help tokenize DTC-custodied U.S. Treasury securities. — What to know:
DTCC: credit default swaps tied to a handful of US tech groups have climbed 90% since early September, as investors seek ways to protect against an AI debt bust
Trading in insurance-like products that protect against tech company defaults is booming — Trading in products that pay …
Robinhood explains why it placed restrictions on certain securities over the past week, says its clearinghouse-mandated deposit for equities increased tenfold
managed by obscure entities at the center of the stock market called clearinghouses — kicked in Thursday, forcing Robinhood to find emergency cash to continue to be able to trade.” $GME https://www.ny...
Wall Street clearinghouse DTCC to use Bitcoin-inspired distributed ledger tech to facilitate transactions beginning early next year, led by IBM
Nathaniel Popper / New York Times :