Lido Finance’s Post

News Alert: STS Digital acquired Swiss crypto market maker flovtec to expand its market-making capabilities and enhance liquidity solutions. Here's why this matters: ◾ STS Digital's acquisition of flovtec is expected to accelerate its market-making services, offering tighter spreads to flovtec's established clientele. ◾ The acquisition will bolster services such as regulated custody, tailored liquidity solutions, and advanced trading strategies. ◾ The integration of flovtec's trading infrastructure and proprietary algorithms into STS Digital's platform is set to drive the development of innovative trading products and services. Read more The Block by Adam James 👇 https://lnkd.in/eJPp5Paf

🏛️ First Digital has secured VASP registration with Lithuania's Financial Crime Investigation Service (FCIS), aligning with our strategic roadmap for European expansion and reinforcing our commitment to regulatory compliance. This milestone enables us to: ➡️ Offer regulated crypto exchange services with fiat on/off-ramps ➡️ Provide institutional-grade digital asset custody solutions ➡️ Support FDUSD's continued growth in Europe ➡️ Position First Digital for future MiCA licensing With the VASP registration, we have strengthened our position for future MiCA licensing and gained a competitive edge in driving First Digital’s flagship stablecoin, #FDUSD, across the EU and EEA, while upholding our mission for secure, transparent digital services worldwide.

Tokenization is not about "putting it on the blockchain". It's about bringing new utility to financial assets and unlocking capabilities and business opportunities that are not possible on traditional rails. This 👇 is what tokenization of RWAs is all about.

We are proud to announce a groundbreaking tri-party agreement between FORTEUS, OKX and Komainu, designed to set a new standard for secure and efficient asset management in the crypto space. This collaboration is a significant milestone, offering clients a uniquely robust trading environment. 🔵 Unmatched Security: Client assets are safeguarded with a regulated custodian, ensuring institutional-grade protection. 🔵 Round-the-Clock Market Access: Investors enjoy 24/7 trading opportunities through a seamless off-exchange settlement process. 🔵 Counterparty Risk Mitigation: By separating asset custody from trading, this solution directly addresses a key investor concern, providing confidence to access crypto's rich alpha potential. This innovative arrangement combines the best of regulated custody and trading efficiency, ensuring that our clients benefit from the highest standards of trust, security, and performance. At Forteus, we remain committed to building safer, smarter products that empower investors to thrive in the dynamic crypto markets. 🔗 Full announcement here: https://lnkd.in/dBFAuQcY

We're thrilled to announce our collaboration with QCP to develop an innovative on-chain collateral and margin management solution for bilateral derivatives. Key Features: - Automated smart contract-driven collateral agreements - Real-time access to a single source of truth - Enhanced privacy for confidential transactions - 24/7 margining capabilities - Support for stablecoins and RWAs “We are excited to bring privacy to on-chain collateral management, which will allow for the automated flow of funds between counterparties in a secure way without publicly disclosing open derivatives positions.” - Georg Schneider, Head of Financial Products at Digital Asset Read the full announcement: https://lnkd.in/g2X2Ewjm

"Its unique ability to deliver privacy forms the foundation for a groundbreaking global collateral network, enabling seamless and secure connections across trading venues, brokers, investors, and FMIs. By addressing inefficiencies in collateral management, this initiative reinforces our commitment to providing clients with trusted, efficient, and scalable solutions that redefine market standards.” - Darius Sit, Founder and CIO of QCP. We're proud to collaborate with Canton Network Digital Asset to enhance the efficiency and transparency of crypto derivatives margining for institutional trading. This partnership marks a significant step toward optimizing risk management and settlement processes in the digital asset space. We appreciate Canton Network’s support and look forward to driving innovation together.

In case you missed it, Wyden's latest blog post provides a practical deep-dive on the new best execution requirements required by the EU's #MiCA regulation. But what do these new requirements mean? Can a provider still operate a single-broker policy and remain compliant with MiCA's best execution provisions, or is it too risky? Our latest blog post answers this question, examining the practical considerations for ensuring compliance with the new rule. It covers ✅ Requirements for #crypto-asset service providers (CASPs) ✅ Challenge of best execution in the crypto markets ✅ Balancing the requirements of MiCA against the risks of a single-broker strategy in various scenarios To read the article, visit: https://lnkd.in/dgCtNu7D Stuart Petersen Buncak Hayri Saykam Kevin Sommer Felix Saible Mimoza Selmani Andy Flury

I believe that ability to earn yield on your digital asset holdings without moving them from a trusted custodian is imperative in increasing institutional participation in this emerging asset class

🚨 One for the diaries Crypto/ Digital Assets Regulatory professionals 🚨 📅 Date: Thursday, 21st November 2024 🕒 Time: 3-4pm GMT fscom's Director and Co-Founder Philip Creed is joining Clear Junction's CEO and Founder Dima Kats for an indepth session on Markets in Crypto-Asset Regulation (MiCA) where they'll cover: - An overview of MiCA - Who falls within MiCA’s scope - The impacts on CASPs, VASPs, and token issuers - Next steps for MiCA moving forward Not one to be missed, register here: https://lnkd.in/etAEbae2 #CryptoRegulation #MiCA #FinancialCompliance

We’re excited to announce that Anchorage Digital Bank NA now supports Liquid Staked ETH (LsETH), making us the first U.S. federally chartered bank to support participation in liquid staking. This integration with Liquid Collective provides institutions with a secure and flexible approach to ETH staking while maintaining access to liquidity. Key benefits include: 🛡️ Secure participation: Participate in ETH staking with the reliability of Anchorage Digital’s industry-leading security.  🪙 Liquidity: Receive LsETH, a transferable liquid staking token representing staked ETH plus network rewards, directly into your Anchorage Digital accounts. Maintain the ability to sell, transfer, or utilize your staked tokens as needed. 🔗 Seamless on-chain access: Restake LsETH on EigenLayer through our platform, providing comprehensive on-chain participation.  🔃 Auto-staked rewards: Network rewards are automatically staked with holding LsETH, optimizing your staking experience.