Clearstream has appointed Philippe Mueller as head of digital products and transformation for Clearstream Fund Services. Mueller will lead the strategic development and market adoption of Clearstream’s digital fund solutions, aimed at connecting traditional and digital financial markets. He succeeds Olivier Portenseigne, who has joined Apex. Mueller brings over 25 years of experience across Clearstream…
Category: Digital Assets
State Street launches onchain liquidity fund
NAV Fund Services has been selected as fund administrator for the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP), a tokenised private liquidity fund launched in May by State Street Investment Management and Galaxy. SWEEP includes Anchorage as digital custodian for stablecoin investments, Galaxy providing tokenisation technology and digital infrastructure, Chainlink providing onchain NAV publication…
BNY expands digital asset coverage
BNY has expanded its digital asset custody platform for select institutions in the European Union under the MiCA framework. The expansion follows the addition of The Bank of New York Mellon SA/NV, BNY’s European banking entity, to ESMA’s MiCA register in July 2026.
BNPP hires new digital assets head
BNP Paribas’ securities services business has reorganised its digital assets department under the leadership of Philippe Benoit, head of strategic business development and transformation. Zineddine Alla joins as head of digital assets, based in Paris and reporting to Benoit. He was most recently deputy head of financial institutions coverage for EMEA at the bank. Wayne…
NT signs with Lukka
Northern Trust has entered into an agreement with Lukka to deliver a digital asset reporting capability. Lukka provides institutional-grade digital asset data infrastructure, software, and analytics. Under the agreement, Northern Trust will leverage Lukka’s platform to support connectivity across >100 blockchains and >400 centralised exchange and decentralised exchange sources, along with custodians, OTC desks, wallets,…
BNY collaborates with Galaxy
BNY has struck a deal with Galaxy, the digital assets specialist, to advance the digital asset infrastructure for institutional markets, including support for staking, a process that allows eligible digital assets to earn rewards, on BNY’s digital asset custody platform. This will combine digital asset custody and staking within a single institutional servicing model. Eligible…
ZILO launches digital TA platform
ZILO, the UK-based fintech delivering global asset and wealth management software, has launched a fully integrated digital transfer agency platform, unifying traditional mutual fund administration with digital asset capabilities, including digitally native issuance, across a single platform. ZILO has also struck a deal with Ripple, which will join as an investor. The partnership brings together…
BNY launches digital TA
BNY has launched its digital TA capabilities, supporting digitally native funds. The service will initially be launched with select clients in the U.S. and U.K., with plans for expansion. Early adopters are BNY Investments Dreyfus, Baillie Gifford, which co-designed its offering with BNY, and BlackRock.
BBH hires head of digital asset strategy
Parth Gargava has joined BBH as head of digital asset strategy for its investor services business, based in Boston. He joins from Fidelity Investments, as well as teaching engineering of advanced crypto systems at Northeastern University.
Euroclear hires from Zodia
Euroclear has appointed Usman Ahmad to lead Euroclear’s digital assets strategy, based in the UK. He most recently served as co-founding CEO of Zodia Markets, the institutional digital asset brokerage.