Shanny Basar
Senior writer
Latest From Shanny Basar
Private Market Tokenization Shows Power of Smart Contracts
In February 2024 Citi said that it had successfully completed a proof of concept on tokenization of private funds along with Wellington Management and WisdomTree. Tokenization is the creation of a digital representation of physical assets such as ...
Read moreBuilding Global Connectivity at Northern Trust AM
John McCareins’ travels around the world have helped prepare him for his latest role as head of international, leading Northern Trust Asset Management's business in Europe, the Middle East, and Africa (EMEA) and across Asia Pacific (APAC). Pr...
Read moreFX ‘Dead Zones’, CLS Cut-Off Times are T+1 Concerns
Fund managers outside the US may need to change the timing of their foreign exchange trades to meet the shorter settlement cycle for US securities that are being introduced in May. The standard settlement cycle for most US broker-dealer transacti...
Read moreTokenized US Treasuries on Public Blockchains Reach $1bn
The tokenized fund launched by BlackRock has helped boost tokenized US Treasuries on public blockchains above $1bn. BlackRock said in a statement on 20 March 2024 that it was unveiling its first tokenized fund issued on a public blockchain, the B...
Read moreBME Aims to Grow Spanish Capital Markets
BME Exchange, the Spanish trading venue that is part of Switzerland’s SIX Group, has published a white paper on improving Spain’s capital markets and is hoping to make progress on some of the recommendations this year. Beatriz Alonso-Majagranza...
Read moreSchroders Publishes Engagement Blueprint for Private Markets
Schroders has launched its first private markets engagement blueprint which looks to the same engagement priority themes of climate change, natural capital and biodiversity, human capital management, human rights, diversity and inclusion, and gove...
Read moreUK Private Company Platform Due to go Live in Q1 2025
PISCES (Private Intermittent Securities and Capital Exchange System), a new UK platform that allows private companies to trade their securities in a controlled environment on an intermittent basis, is due to go live in the first quarter of next ye...
Read moreBonds Lead the Way in RWA Tokenization
Sabih Behzad, global head of digital assets & currencies transformation at Deutsche Bank, said the firm is in discussions with a number of corporates about issuing digital bonds. He spoke on a panel, The Next Wave of RWAs: Bonds and Beyond, at...
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