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capital markets
China's Foreign Exchange Regulator Piloting Blockchain in Trade Finance
The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade.

Ledger and Nomura's Crypto Custody Launch May Be Delayed to 2020
Ledger's crypto custody venture with Japanese bank Nomura may take longer than expected to launch, the startup's president said.

Bakkt Exchange May Be Seeking New York License for Crypto Custody: Report
The owner of the New York Stock Exchange, ICE, is reportedly eyeing a New York license for its long-delayed crypto exchange Bakkt.

New $50 Million Venture Fund Eyes Global Blockchain Adoption
A group of investors has launched a new blockchain-focused VC fund worth $50 million, aiming to bring the technology to the masses.

Gate.io Raises $64 Million for Launch of New Exchange Cryptocurrency
Crypto exchange Gate.io has raised $64 million in seven days for its exchange cryptocurrency that is yet to be launched on a blockchain.

Startup Arca Seeks SEC Approval for US Treasury Bond-Backed Stablecoin
Arca Investment Management is seeking approval from the SEC to sell a new type of stablecoin to retail investors.

LedgerX Reveals Bid to Beat Bakkt to Physical Bitcoin Futures Launch
Crypto derivatives provider LedgerX plans to become the first U.S. firm to offer physically settled bitcoin futures contracts.

Startup Raises $3.9 Million in Tokenized Equity in London Stock Exchange Test Issuance
Blockchain startup 20|30 has raised £3 million in a sale of tokenized shares in a test carried out with the London Stock Exchange Group.

Pennsylvania's State-Backed VC Firm Is Tokenizing an Investment Fund
Ben Franklin Technology Partners, a Pennsylvania-funded VC provider, is tokenizing shares in one of its funds.

Tata Settles Securities Between National Depositories on a Blockchain
India's second largest firm has completed a blockchain trial of cross-border securities settlement between two central securities depositories.
