Search results for Bank of Montreal
Crypto
U.S. investors can buy options on Canadian XRP ETFs, expanding regulated derivatives
Options on XRP exchange-traded funds listed in Canada have been registered for sale to U.S. investors, expanding access to regulated XRP-linked derivatives. The Canadian Derivatives Clearing Corporation registered options based on the Evolve XRP ETF and Purpose XRP ETF under the Form S-20 framework. The filing does not mean the options are directly listed on a U.S. exchange. The framework already covers options tied to bitcoin, ether and solana ETFs.
Crypto
Canada\'s Bank of Montreal confirms XRP exposure through ETF holdings
Canada\'s second-largest bank, Bank of Montreal, has added XRP-linked products to its portfolio, according to a U.S. SEC filing. A quarterly 13F-HR report showed it held shares in the REX Osprey XRP ETF and the ProShares Ultra XRP ETF as of end-June 2026. The report also points to similar moves by other Canadian banks and shifting institutional holders, though 13F data can lag by 45 days.
FinTech
FIS, Anthropic to use AI to cut AML investigations from hours to minutes
Financial technology company FIS is developing a financial crime AI agent with Anthropic to cut anti-money laundering investigation times from hours to minutes. The agent is designed to automatically gather evidence across banks\' core systems, match transactions against known patterns and prioritise high-risk cases for investigators. Bank of Montreal and Amalgamated Bank are early adopters, with broader rollout planned for the second half of 2026.