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Alfa-Bank Launches Bank-as-a-Service Platform on Waves Blockchain

Alfa-Bank and X5 Retail Group partnered to launch a blockchain liquidity management service in Russia.According to a press release published by the bank on Sept. 12, the service — dubbed Distributed Treasury and Cash Management (DTCM) — enables Alfa-Bank’s corporate clients to manage their payments, loan and deposit products,

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Seed CX Subsidiary Zero Hash Launches Support for Crypto Derivatives

Zero Hash, a calculation and settlement agent and subsidiary of cryptocurrency platform Seed CX, has added support for derivatives.According to a press release published on Sept. 11, Zero Hash now allows the settlement of bilateral derivatives transactions and supports settlement functions for forwards.The newly released service provides collateral management

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Winklevoss’ Gemini Launches Custody Product Supporting 18 Cryptos

Gemini cryptocurrency exchange has announced the launch of its custody product dubbed Gemini Custody that will support 18 tokens letting traders transact instantly since it offers them credit.Gemini, the New York-based crypto exchange has launched an institutional-grade crypto custody solution as reported on September 10. The exchange was founded by

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Coinbase Launches USDC-Based Initiative to Support DeFi Developers

Cryptocurrency trading platform Coinbase has launched the new USDC Bootstrap Fund aimed at the improvement of Decentralized Finance (DeFi).As the company announced on Sept. 10, Coinbase set up the USDC Bootstrap Fund to support developers who build DeFi protocols by investing USD Coin (USDC) directly in the protocol. Coinbase

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Nasdaq Launches Decentralized Finance Index for Digital Assets

Major United States stock exchange Nasdaq has unveiled a blockchain decentralized finance (DeFi) index Defix (DEFX). According to a Defix press release published on Sept. 9, brokerage firm Exante streamlined the launch of the Defix index.A disparate group of crypto assetsThe index includes crypto assets of projects such as

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