Deutsche Börse & Co to Build Digital Asset Ecosystem

Company joined forces with Swisscom and Sygnum to launch a distributed ledger technology based ecosystem of the tokenized economy
12 March 2019   433

Deutsche Börse, the leading stock exchange in Germany, has announced a strategic partnership with Swisscom, the Swiss state-run telecommunications company, and Sygnum, a Swiss-Singapore-based fintech company, whose main objective is to create a regulated infrastructure for digital assets.

According to a joint press release, the new initiative aims to create a distributed ledger technology based ecosystem of the tokenized economy, which, according to partners, has the potential to transform global financial markets.

In particular, it is planned to release digital assets and create solutions for their storage, as well as providing market participants with access to liquidity and banking services.

The report states that Sygnum has received a license from the Swiss Financial Market Supervision Authority (FINMA), which will allow it to operate in the banking sector and in the securities market. In particular, the company will be able to provide such services as taking deposits and depositing assets, lending, issuing capital through tokenization, brokerage and asset management.

The role of Swisscom will be to provide the project with a scalable proprietary DLT infrastructure conforming to the security requirements of financial institutions.

Deutsche Börse, in turn, receives a stake in Custodigit AG, a company founded by Swisscom and Sygnum, which will develop institutional asset-oriented solutions for its clients.

Additionally, Deutsche Börse and Sygnum intend to invest in the blockchain platform daura AG, which supports the production, transfer and registration of shares of small and medium-sized enterprises in Switzerland. This will allow companies not represented on the stock exchanges to gain access to capital markets.

As expected, the first services in the new ecosystem will be launched this year after receiving the relevant approval from the regulator.

Poloniex to Bring Back the Trollbox

According to Poloniex owner, the "most frequent request has been, “BRING BACK THE TROLLBOX”, a general topic chat  
19 June 2019   180

Due to numerous requests from users, the Bitcoin exchange Poloniex activated a general chat, better known as Trollbox.

You’ve been asking for it and we’re excited to tell you IT’S HAPPENING: Trollbox is back! Poloniex’s Trollbox is the original forum for traders to talk all things crypto. Our legendary mods are ready to go, armed as always with the mighty Banhammer to maintain order.

Poloniex Team

From now on, traders can again communicate on a wide range of topics without leaving the stock exchange, and moderators will use the legendary ban-hammers in case of violation of the rules.