Search results for Tradeweb
Crypto
Nasdaq to distribute exclusive market data on-chain via Pyth
Nasdaq will provide its market data to blockchain applications and software platforms through the on-chain financial data network Pyth. The first service to be offered is Nasdaq’s TotalView order book data. TotalView includes displayed buy and sell orders at all price levels and order imbalance data around opening and closing auctions. Pyth’s marketplace enables software applications to access primary market data with a single integration.
Crypto
Tradeweb processes real-time trading of tokenised U.S. Treasuries on Canton network
Tradeweb processed a real-time on-chain transaction in tokenised U.S. Treasuries on the Canton Network, the article said. Franklin Templeton transferred tokenised U.S. Treasuries to Virtu Financial, with payment settled using tokenised cash based on USDCx, a USDC-linked stablecoin issued on Canton, according to a recent Cointelegraph report. Tradeweb handled execution and price discovery, while Canton synchronised asset and cash settlement. The deal size was not disclosed.
Crypto
Digital Asset raises $355 million led by a16z at $2 billion valuation
Digital Asset Holdings raised $355 million at a valuation of about $2 billion. The funding round was led by a16z Crypto, which invested $100 million, with participation from 7RIDGE, Abu Dhabi Investment Authority, Citadel Securities and Optiver. Digital Asset plans to use the proceeds to expand the Canton Network, which supports financial institutions in tokenising and settling securities without disclosing sensitive commercial data.
