Latest news with #DTCC
Yahoo
11 hours ago
- Business
- Yahoo
Wall Street Firms Complete First 24/7 U.S. Treasury Financing Via Tokenization on Canton Network
Digital Asset and a group of major financial firms have executed the first real-time, fully on-chain financing of U.S. Treasuries against USDC on the Canton Network. The repo trade, carried out on Tradeweb, settled atomically on a Saturday, sidestepping the weekday-only limitations of traditional settlement systems, according to a press release shared with CoinDesk on Tuesday. Prime brokers converted U.S. Treasuries held at the Depository Trust & Clearing Corporation (DTCC) into tokenized assets on Canton, then used them as collateral for USDC-backed financing. The Canton Network is a privacy-focused blockchain developed by Digital Asset. Institutions involved in the transaction include Bank of America (BAC), Circle (CRCL), Citadel Securities, Cumberland DRW, DTCC, Hidden Road, Societe Generale, Virtu Financial and Tradeweb. Most of these firms invested in Digital Asset in its $135 million fundraising round in June. Tokenization of government debt, a crucial collateral asset in global markets, is part of a broader push to bring financial instruments, or real-world assets, onto blockchains. Global banks and asset managers explore tokenization to cut settlement times, increase transparency and keep markets open around the clock. Participants in the Canton transaction said it marks a step toward a unified market structure blending traditional finance's scale with the programmability of decentralized blockchain rails. They plan more transactions later this year. "[The transaction] demonstrates how market participants can unlock real-time collateral mobility and round-the-clock financing using assets on chain, which lays the groundwork for a fundamentally more efficient and accessible global financial system," Kelly Mathieson, chief business development officer at Digital Asset, said in a in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Finextra
05-08-2025
- Business
- Finextra
Delta Capita acquires DTCC Report Hub
Delta Capita, a leading global capital markets managed services, technology and consulting provider, has acquired the Report Hub pre- and post-trade reporting solution from The Depository Trust & Clearing Corporation (DTCC), adding to its growing portfolio of solutions for OTC Derivatives and Securities Operations. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Report Hub provides a highly efficient solution for pre- and post-trade reporting, helping firms manage the complexities of global regulatory reporting mandates in eight global jurisdictions and 14 regulatory regimes, including EMIR, MiFID, SFTR, MAS, ASIC and CFTC. This acquisition extends Delta Capita's client base to nearly 250 institutional clients globally including banks, hedge funds assets managers across Europe, APAC and North America and accelerates Delta Capita's vision to deliver managed services and technology in complex operational areas across the financial services industry. Joe Channer, CEO at Delta Capita, commented: 'Through further investment and innovation we expect Report Hub to become the industry's first choice for multi-jurisdictional pre-reporting and post-reporting obligations. Combined with our regulatory operations and advisory capabilities, Delta Capita now offers a complete range of services to support clients regulatory reporting, accelerating our strategy for delivering mutualised managed services across the capital markets value chain.' Mark Aldous, Global Head of Capital Markets Managed Services at Delta Capita, stated: 'The acquisition of the industry's leading pre- and post-trade reporting tool complements our deep expertise in trade reporting, enabling us to meet our clients' requirements across technology and managed services to advisory and regulatory reporting operations. Report Hub complements Delta Capita's existing range of specialist managed services and technologies across derivatives and structured products, post-trade, market infrastructure, pricing and risk, and KYC services.' This milestone builds on Delta Capita's recent successes, including strategic acquisitions and advancements in capital markets technology. It further solidifies Delta Capita's role as a trusted partner to global financial institutions seeking scalable, efficient solutions in an ever-evolving market, and follows HSBC's selection of Delta Capita to deliver OTC derivatives confirmation and settlement services globally under a multi-year agreement announced earlier this year.
Yahoo
05-08-2025
- Business
- Yahoo
Delta Capita Acquires DTCC's Report Hub to expand Pre- and Post-Trade Reporting Solutions
LONDON, August 05, 2025--(BUSINESS WIRE)--Delta Capita, a leading global capital markets managed services, technology and consulting provider, has acquired the Report Hub pre- and post-trade reporting solution from The Depository Trust & Clearing Corporation (DTCC), adding to its growing portfolio of solutions for OTC Derivatives and Securities Operations. Report Hub provides a highly efficient solution for pre- and post-trade reporting, helping firms manage the complexities of global regulatory reporting mandates in eight global jurisdictions and 14 regulatory regimes, including EMIR, MiFID, SFTR, MAS, ASIC and CFTC. This acquisition extends Delta Capita's client base to nearly 250 institutional clients globally including banks, hedge funds assets managers across Europe, APAC and North America and accelerates Delta Capita's vision to deliver managed services and technology in complex operational areas across the financial services industry. Joe Channer, CEO at Delta Capita, commented: "Through further investment and innovation we expect Report Hub to become the industry's first choice for multi-jurisdictional pre-reporting and post-reporting obligations. Combined with our regulatory operations and advisory capabilities, Delta Capita now offers a complete range of services to support clients regulatory reporting, accelerating our strategy for delivering mutualised managed services across the capital markets value chain." Mark Aldous, Global Head of Capital Markets Managed Services at Delta Capita, stated: "The acquisition of the industry's leading pre- and post-trade reporting tool complements our deep expertise in trade reporting, enabling us to meet our clients' requirements across technology and managed services to advisory and regulatory reporting operations. Report Hub complements Delta Capita's existing range of specialist managed services and technologies across derivatives and structured products, post-trade, market infrastructure, pricing and risk, and KYC services." This milestone builds on Delta Capita's recent successes, including strategic acquisitions and advancements in capital markets technology. It further solidifies Delta Capita's role as a trusted partner to global financial institutions seeking scalable, efficient solutions in an ever-evolving market, and follows HSBC's selection of Delta Capita to deliver OTC derivatives confirmation and settlement services globally under a multi-year agreement announced earlier this year. Find out more about Delta Capita's regulatory reporting offering here: About Delta Capita Delta Capita is a leading global capital markets managed services, technology and consulting provider. With a team of over 1,500 professionals across Europe, Asia, and the Americas, Delta Capita specialises in delivering multi-client managed services by integrating advanced technology, skilled talent, and robust infrastructure. View source version on Contacts Media contacts: Emma Newman, Senior Marketing Manager at Delta Capita: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
05-08-2025
- Business
- National Post
Delta Capita Acquires DTCC's Report Hub to expand Pre- and Post-Trade Reporting Solutions
Article content LONDON — Delta Capita, a leading global capital markets managed services, technology and consulting provider, has acquired the Report Hub pre- and post-trade reporting solution from The Depository Trust & Clearing Corporation (DTCC), adding to its growing portfolio of solutions for OTC Derivatives and Securities Operations. Article content Article content Report Hub provides a highly efficient solution for pre- and post-trade reporting, helping firms manage the complexities of global regulatory reporting mandates in eight global jurisdictions and 14 regulatory regimes, including EMIR, MiFID, SFTR, MAS, ASIC and CFTC. Article content This acquisition extends Delta Capita's client base to nearly 250 institutional clients globally including banks, hedge funds assets managers across Europe, APAC and North America and accelerates Delta Capita's vision to deliver managed services and technology in complex operational areas across the financial services industry. Article content 'Through further investment and innovation we expect Report Hub to become the industry's first choice for multi-jurisdictional pre-reporting and post-reporting obligations. Combined with our regulatory operations and advisory capabilities, Delta Capita now offers a complete range of services to support clients regulatory reporting, accelerating our strategy for delivering mutualised managed services across the capital markets value chain.' Article content Mark Aldous, Global Head of Capital Markets Managed Services at Delta Capita Article content , stated: Article content 'The acquisition of the industry's leading pre- and post-trade reporting tool complements our deep expertise in trade reporting, enabling us to meet our clients' requirements across technology and managed services to advisory and regulatory reporting operations. Report Hub complements Delta Capita's existing range of specialist managed services and technologies across derivatives and structured products, post-trade, market infrastructure, pricing and risk, and KYC services.' Article content This milestone builds on Delta Capita's recent successes, including strategic acquisitions and advancements in capital markets technology. It further solidifies Delta Capita's role as a trusted partner to global financial institutions seeking scalable, efficient solutions in an ever-evolving market, and follows HSBC's selection of Delta Capita to deliver OTC derivatives confirmation and settlement services globally under a multi-year agreement announced earlier this year. Article content Find out more about Delta Capita's regulatory reporting offering here: About Delta Capita Delta Capita is a leading global capital markets managed services, technology and consulting provider. With a team of over 1,500 professionals across Europe, Asia, and the Americas, Delta Capita specialises in delivering multi-client managed services by integrating advanced technology, skilled talent, and robust infrastructure. Article content Article content Article content Article content Article content
Yahoo
15-07-2025
- Business
- Yahoo
Rakovina Therapeutics Granted DTC Eligibility to Expand U.S. Investor Access
VANCOUVER, British Columbia, July 15, 2025 (GLOBE NEWSWIRE) -- Rakovina Therapeutics Inc. ('Rakovina' or the 'Company') (TSX-V: RKV) (FSE: 7JO0), a biopharmaceutical company advancing next-generation cancer therapies through artificial intelligence (AI)-powered drug discovery, is pleased to announce that its shares are now eligible for electronic clearing and settlement through The Depository Trust Company (DTC). DTC eligibility streamlines the process for U.S. investors to trade Rakovina shares, enhancing liquidity and broadening market accessibility. DTC is a subsidiary of the Depository Trust & Clearing Corporation (DTCC), the largest securities depository in the world, providing settlement services to major U.S. stock exchanges. 'Achieving DTC eligibility is a meaningful step forward in increasing Rakovina's visibility and accessibility to a broader base of institutional and retail investors,' said Jeffrey Bacha, Executive Chairman of Rakovina Therapeutics. 'It removes a key barrier to efficient trading in the U.S., enhances liquidity, and establishes the foundation for deeper engagement with U.S. capital markets as we continue to execute our growth strategy.' Supporting Strategic Growth and Shareholder Value The designation eliminates previous barriers to entry for U.S. investors by enabling Rakovina shares to be traded electronically, reducing costs and processing times. This development supports the company's broader strategy to increase market participation and deliver long-term value to shareholders. The DTC announcement comes as Rakovina continues to advance its preclinical programs and explore strategic partnerships in AI-enhanced diagnostics and oncology therapeutics. Additional corporate developments are expected in the coming months as the company builds on its momentum and executes on its strategic roadmap. About Rakovina Therapeutics Therapeutics is a biopharmaceutical research company focused on the development of innovative cancer treatments. Our work is based on unique technologies for targeting the DNA-damage response powered by Artificial Intelligence (AI) using the proprietary Deep-Docking™ and Enki™ platforms. By using AI, we can review and optimize drug candidates at a much greater pace than ever before. The Company has established a pipeline of distinctive DNA-damage response inhibitors with the goal of advancing one or more drug candidates into human clinical trials in collaboration with pharmaceutical partners. Further information may be found at Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Notice Regarding Rakovina Therapeutics Forward-Looking Statements: This release includes forward-looking statements regarding the company and its respective business, which may include, but is not limited to, statements with respect to the proposed business plan of the company and other statements. Often, but not always, forward-looking statements can be identified by the use of words such as 'plans,' 'is expected,' 'expects,' 'scheduled,' 'intends,' 'contemplates,' 'anticipates,' 'believes,' 'proposes' or variations (including negative variations) of such words and phrases, or state that certain actions, events, or results 'may,' 'could,' 'would,' 'might,' or 'will' be taken, occur, or be achieved. Such statements are based on the current expectations of the management of the company. The forward-looking events and circumstances discussed in this release may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the company, including risks regarding the medical device industry, economic factors, regulatory factors, the equity markets generally, and risks associated with growth and competition. Although the company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events, or results to differ from those anticipated, estimated, or intended. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made, and the company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. The reader is referred to the company's most recent filings on SEDAR+ for a more complete discussion of all applicable risk factors and their potential effects, copies of which may be accessed through the company's profile page at For Further Information Contact: Michelle Seltenrich, BSc MBA Director, Corporate Development IR@ 778-773-5432Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
