Shanny Basar
Senior writer
Latest From Shanny Basar
Compute Becomes ‘Currency of the AI Age’
CME Group is aiming to launch compute futures in October this year and Architect Financial Technologies, a multinational derivatives exchange group that focuses on the AI economy and perpetual futures, has applied for regulatory approval to launch...
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U.K. Asset Managers Progress Fund Tokenization
In July this year Aviva Investors launched a tokenized share class of an existing fund and Schroders received regulatory approval for its first tokenized share class of a U.S. dollar money market fund. The Tokenization Insight newsletter highlight...
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FIS Launches Digital Money Network for Banks
In April this year fintech FIS announced Project Keystone, a network for digital money that is being developed with U.S. banks including Citizens, Fifth Third, Huntington Bank, KeyBank, and M&T Bank. Project Keystone enables banks to issue, tr...
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Pictet AM Expands Active ETFs Driven by AI into Europe
Pictet Asset Management has reached $5bn in assets under management in its artificial intelligence-driven strategies (including its long/short strategies) and in July this year the firm launched its first range of European AI enhanced equity index...
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MIAX Aims to Grow Financial Futures Suite
Miami International Holdings (MIAX), which operates regulated exchanges across multiple asset classes, launched its first group of Bloomberg index products in May this year as it aims to grow its financial futures suite. Thomas Gallagher, chairma...
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Galaxy Adds to Vault Ecosystem
Galaxy Digital, a digital asset and data center infrastructure firm, launched an institutional vault curation offering in July this year as the vault ecosystem is expected to continue to consolidate and become more institutional. Hester Peirce, th...
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Apollo Drives Toward Daily Net Asset Values for Fixed Income
Apollo Global Management has launched daily pricing for its investment-grade fixed income suite of products as it seeks to increase transparency in private markets. Marc Rowan, chairman and chief executive officer of Apollo Global Management, said...
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DTCC Tokenization Service Targets Balance Sheet Efficiency
In July this year DTCC, the central U.S. post-trade market infrastructure, converted real world assets in its custody into tokens to be used in a series of real production trades across asset classes involving both traditional and crypto-native fi...
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