SBI Ripple Asia to Use Blockchain for Securities

SBI Ripple Asia is creating a consortium that will study the use of blockchain technology in securities products
30 January 2018   907

SBI Ripple Asia, a joint venture between Japanese investment firm SBI and San Francisco-based DLT payment startup Ripple, announced on Tuesday that it is forming a consortium that will research the use of distributed ledger technology in securities products.

The company said the new consortium will improve efficiency for customers and reduce operational cost through the partnership of 18 securities firms to research and commercialize applications of emerging technologies, particularly blockchain technology.

Companies that will be part of the initiative include SBI Securities, Daiwa Securities and Nomura Securities. SBI Ripple Asia also said that the consortium will form a DLT Advanced Experiment Working Group to further its blockchain research.

We have recently reported that SBI Ripple Asia announced a successful pilot last March with 47 banks that used Ripple's technology for interbank transactions.

Caspian to Launch Crypto Derivatives Trading

Caspian does not charge commissions for depositing and withdrawing funds and provides leverage up to 100x
21 March 2019   83

Caspian, an asset-oriented asset management platform, has launched cryptocurrency derivatives trading.

Thanks to integration with Deribit, Caspian customers gained access to trading in futures and options for Bitcoin and Ethereum. Also, the platform will provide the opportunity to trade indefinite bitcoin-swap.

According to Caspian, the platform does not charge commissions for depositing and withdrawing funds and provides leverage up to 100x.

We are excited to be working with Deribit to make the trading of crypto options and futures possible within the institutional community. Our goal at Caspian is to provide crypto traders and investors the same standard of tools and service that exist in the traditional markets and its great knowing that the team at Deribit is working towards the same high standards.

Robert Dykes

CEO, Caspian

Caspian noted that their platform connects to Deribit via an API that supports “large trading volumes with extremely low latency”. The platform also has full access to the book of orders of the crypto-derivative stock exchange.