A credit rating agency owned by a global financial services firm
recently provided new details on its blockchain initiatives,
including efforts to publish its credit ratings on the Ethereum
network to ensure that the ratings cannot be altered or corrupted.
In a separate development, according to reports, a Los
Angeles-based investment and asset management firm is seeking to
offer the world's first cryptocurrency derivatives-based yield
fund, with the digital assets division of a leading financial
services company providing custody for the fund.
According to reports, a blockchain-focused subsidiary of
Switzerland's primary stock exchange has organized a global
consortium of banks, buyside firms and market infrastructure
providers to back an initial digital offering for a fully regulated
central securities depository (CSD) for digital assets. The launch
of the CSD still faces issues related to custody solutions and
connectivity to settlement and central money solutions.
