Providing AI-driven market intelligence and workflow automation to give firms an edge

Capital Markets Tech

R3 is a leading provider of enterprise blockchain technology and services, focused on driving digital transformation in regulated industries such as financial services. Its flagship product, Corda, is an open-source, permissioned distributed ledger technology (DLT) platform built from the ground up to meet the stringent requirements of regulated markets.Corda facilitates secure and confidential peer-to-peer transactions, enabling the tokenization of assets and the automation of workflows across different organizations. It is designed to be scalable, handling tens of thousands of transactions daily, and interoperable with other DLT platforms like Ethereum, bridging the gap between traditional finance and decentralized finance (DeFi).Key applications of Corda encompass digital bonds, tokenized assets (e.g., gold), central bank digital currencies (CBDCs), trade finance, payments, settlements, and reconciliations. As of 2023, Corda powered platforms like the SIX Swiss Exchange's digital asset exchange SDX, Spunta Banca (an interbank reconciliation system used by over 90% of Italian banks), and Wells Fargo's digital cash program for interbank transfers.The company unveiled R3 Digital Markets in January 2024, a product suite leveraging its Corda distributed ledger technology (DLT) for capital markets. The offering integrates features like digital currency, digital assets, and interoperability, building on R3's existing capabilities, including its CBDC solutions and the IVNO bank coin acquired in 2021.Key customers and partnershipsR3 boasts an extensive ecosystem comprising leading financial institutions, technology firms, regulators, and global systems integrators (GSIs) like Accenture, Deloitte, and IBM. Notable clients include HSBC, Wells Fargo, Bank of America, Euroclear, Nasdaq, Allianz, Chubb, and the Italian Banking Association.R3 actively collaborates with industry bodies like ISDA, Hyperledger Foundation, and GBBC, driving DLT standards. It has partnered with central banks worldwide, including the Monetary Authority of Singapore, and Central Bank of the United Arab Emirates (UAE), to explore CBDCs and cross-border settlements using Corda.

HQLAX is a financial technology firm that delivers liquidity and collateral management solutions for institutional clients in global securities financing markets such as securities lending and repo. HQLAX claims to enhance and simplify the ownership transfers of assets across disparate collateral pools at precise moments through a multi-layer operating model developed in partnership with Deutsche Börse.A key aspect of HQLAX's ecosystem is its Delivery vs. Delivery (DvD) system that enables characteristically straightforward ownership transfers, providing capital cost savings to clients by reducing exposure to factors like credit risk, intraday liquidity requirements, and operational risk.HQLAX's proprietary DLT platform, featuring Digital Collateral Records (DCRs) representing specific ISIN quantities, allows the transfer of security ownership on its distributed ledger without conventional settlement mechanisms. This technology facilitates collateral mobility across global custodians and triparty agents, enhancing regulatory transparency over collateral chains.Key customers and partnershipsIn July 2022, BNY Mellon and Goldman Sachs successfully completed the first agency securities lending transactions on the HQLAX platform. HQLAX has also partnered with J.P. Morgan, Ownera, and Wematch to demonstrate the feasibility of cross-ledger repo transactions (October 2022).

Fnality provides digital payment infrastructure using blockchain technology. The company aims to build tokenized versions of major currencies backed by funds held in central bank accounts. The company's core offering is the Fnality Payment System, which uses distributed ledger technology (DLT) to enable 24/7 real-time settlement of financial transactions. This system is designed to simplify cross-currency payments, improve intraday liquidity management, and support new digital payment models in wholesale financial markets and emerging tokenized asset markets.Fnality's technology allows the creation of digital cash assets that can settle tokenized transactions with finality. The system is designed to be available in multiple currencies, interoperate across various business platforms, and represent money held in central bank accounts. This approach aims to provide a more efficient and secure method for settling financial transactions, including securities trades, intraday derivatives, and collateral exchanges.In December 2023, Fnality launched its first operational system, the DLT Sterling Finality Payment System (£FnPS), in the UK. This system, underpinned by a central bank omnibus account and a bankruptcy remote structure, enables atomic settlement and delivery versus payment, addressing settlement risk. The £FnPS is designated as a systemically important payment system by the Bank of England, providing regulatory oversight and confidence in its operations.

UK-based Quantexa is a global data and analytics software company that offers a Contextual Decision Intelligence (CDI) platform. The platform utilizes Big Data and AI to provide a contextual, connected view of internal and external data, helping organizations uncover hidden risks, identify new opportunities, and make trusted operational decisions. Quantexa's technology addresses challenges across data management, know your customer (KYC), customer intelligence, financial crime, risk, fraud, and security throughout the customer lifecycle.&nbsp;The company claims that its CDI platform enhances operational performance, delivering over 90% more accuracy and 60x faster analytical model resolution than traditional approaches.&nbsp;In February 2023, Quantexa acquired Aylien, a provider of AI-based risk and market intelligence solutions. Following the acquisition, Quantexa intended to strengthen its capabilities in AI and natural language processing (NLP). As of April 2023, the company reported that it had doubled its ARR and customer base.&nbsp;Key customers and partnerships&nbsp;Quantexa serves customers across financial services, the public sector, insurance, telecommunications, media, and technology, spanning over 70 countries. Notable clients include HSBC, Standard Chartered, Prudential, and BNY Mellon.&nbsp;The company partnered with banking and financial services provider ING in May 2023, through which ING would leverage Quantexa’s decision intelligence platform to strengthen its risk detection and investigative efforts. In March 2024, Quantexa announced a partnership with Microsoft, through which the company aimed to launch a new cloud-native AI offering to medium-sizes banks in the US.

Talos is a technology provider that offers an integrated platform to support digital asset trading for institutional clients. Talos' offerings span the full trading lifecycle, encompassing liquidity sourcing, price discovery, automated execution, clearing, settlement, lending, borrowing, and portfolio management tools.&nbsp;At the core of Talos' platform is an advanced execution management system that aggregates liquidity from multiple venues, including exchanges and over-the-counter (OTC) desks. This allows clients to implement sophisticated trading strategies across various digital asset markets. The platform also provides algorithmic trading capabilities, smart order routing, and advanced analytics for in-depth transaction cost analysis.Talos builds institutional-grade technology tailored to the needs of traditional financial firms venturing into digital assets. The company prioritizes aspects such as compliance, security, and operational efficiency.&nbsp;In May 2024, Talos acquired Cloudwall, a developer of digital asset risk technology, to strengthen Talos’ existing portfolio management system. During the same month, Talos also acquired Skolem, a platform for institutional investors to manage their exposure to DeFi. The acquisition was to enable Talos’ clients to integrate DeFi into their workflows.&nbsp;Key customers and partnershipsTalos has secured partnerships with several prominent entities across the financial services industry. In June 2022, the company forged a strategic alliance with Trading Technologies, a provider of professional trading software and infrastructure. This collaboration aimed to broaden Trading Technologies' cryptocurrency offering by leveraging Talos' market connectivity and trading services.Additionally, Talos announced a partnership with BCB Group, a crypto payment services provider, in February 2023. This partnership allows clients of both firms to access a comprehensive suite of front-, middle-, and back-office trading services, streamlining the trade lifecycle process.&nbsp;In November 2023, Talos achieved a significant milestone by integrating with CME Group, enabling its clients to trade CME's Bitcoin and Ether futures contracts directly through the Talos platform. This integration enhances Talos' offering with access to regulated, liquid derivative products in the digital asset space.

AccessFintech operates a cloud-based data collaboration network called Synergy that facilitates the sharing of transaction data between financial institutions involved in processing transactions such as stock trades, derivatives, and syndicated loans. The platform aggregates data from multiple sources, normalizes it, and provides tools for collaboration and workflow automation to streamline processes like settlement, pre-matching, and exception management. As such, AccessFintech's solutions help manage operational risk and ensure regulatory compliance.&nbsp;AccessFinTech supports regulatory compliance by providing tools for tracking and managing compliance-related tasks and enabling the automation of compliance workflows. This includes ensuring institutions adhere to evolving regulatory standards and maintain robust internal controls.Key customers and partnerships&nbsp;As of September 2022, the Synergy Network had over 100 participants, including major global banks, broker-dealers, custodians, and asset managers.&nbsp;The company expanded its partnership with Cappitech, a provider of regulatory reporting and business intelligence solutions, in March 2020. Through the partnership, AccessFintech expects to strengthen its offerings in governance and risk controls for market participants.&nbsp;AccessFintech partners with leading consulting firms like Deloitte and KPMG to support digital transformation efforts at major financial institutions. It has also formed strategic alliances with BNY Mellon, Bank of America, BNP Paribas, and other global banks to integrate its technology into their operations and offer Synergy's capabilities to clients. In June 2023, AccessFintech expanded its alliance with BNY Mellon to digitize loan data management through its platform.

Bringing the benefits of blockchain to the enterprise

Enterprise Blockchain Solutions

R3 is a blockchain-as-a-service (BaaS) company that offers a permissioned, distributed application platform (Corda) that can be used across traditional financial services applications. The platform is able to integrate with existing enterprise solutions and offers features such as digital identity management, digital notarization, and network mapping with use cases across digital asset marketplaces, cross-border transaction solutions, tokenized loans and security solutions, and digital smart bonds.R3 offers digital applications to corporations to improve traceability, digitize assets, and improve how payments are made. Companies also have access to various business networks and existing payment systems on Corda. Additionally, corporates are able to build their own solutions on the platform, with support from R3 in terms of the development and management of corporate applications.Key customers and partnershipsR3 was initially formed by a consortium of nine banks, which increased to over 60 partners in the first year since inception. As a result, the company is able to collaborate and work together with financial services companies to support the adoption of Corda across the ecosystem. Some key partners that have worked with R3 on potential use cases include HSBC, Nasdaq, MUFG, and Vodafone.Additionally, the company offers multiple partnership programs for startups and disruptors that seek to use the Corda network, including the Partner Program and the R3 Development Fund.In December 2023, the company <a href="https://sp-edge.com/updates/24919">partnered with RYVYL </a>, a blockchain-based payments infrastructure platform, to develop and launch a novel BaaS solution, RYVYL Block. This joint solution offers relevant tools and building blocks required for businesses to develop secure distributed ledger infrastructure and integrate blockchain technology into existing business frameworks, specifically in areas such as banking and high-volume data processing.

Fireblocks provides a suite of products designed to facilitate the secure handling of digital assets. Its offerings include the Fireblocks Network, a highly connected institutional network for fast and secure on-chain settlement, and the MPC wallet-as-a-service, a proprietary protocol that enables transaction speeds up to 8x faster than the industry average. Other services include tokenization capabilities, compliance solutions for Know Your Transaction (KYT), Anti-Money Laundering (AML), Travel Rule requirements (a governance and policy engine), and access to decentralized finance (DeFi) applications with enterprise-grade protection.The platform also features a new payment suite, which allows the launch of new merchant services​​. Fireblocks allows enterprises to establish in-house custody services, consolidate assets into stablecoins or security tokens, and configure transaction workflows. The platform has also received SOC 2 Type II certificates, undergoes regular penetration testing, and has insurance policies that offer an added layer of protection. In June 2023, Fireblocks <a href="https://sp-edge.com/updates/20121">expanded its multi-party and self-custody (MPC-CMP) walle </a>t and key management technology to include support for hardware security modules (HSM) and public and private cloud including Thales, Securosys, AWS, GCP, and Alibaba Cloud. These deployment models enable banks and financial institutions to leverage the company’s technology stack to satisfy risk, compliance, and regulatory requirements when deploying their own digital asset projects. In September 2023, Fireblocks <a href="https://sp-edge.com/updates/22303">acquired BlockFold </a>, an Australian asset tokenization platform, for USD 10 million to expand its capabilities in tokenization.Key customers and partnershipsAs of June 2023, Fireblocks has served over 250 clients, including institutions such as BNY Mellon and Revolut, as well as various banks, FinTechs, exchanges, and hedge funds. Since its launch and up to June 2023, Fireblocks has transferred nearly USD 700 billion in digital assets, reflecting a significant increase over the previous year​.In terms of partnerships, Fireblocks integrates with Kiln and Figment to allow tokens to be delegated directly from the Fireblocks platform to institutional-grade staking validators. The company also provides secure access to liquid staking dApps such as Lido, Rocket Pool, Frax, and more​​. In July 2023, Fireblocks launched an integration with Astar Network, a Japan-based smart contract platform, to enable its banking and institutional clients to trade, swap, and lend digital assets on Astar via Fireblocks.Funding and financialsThe company raised USD 550 million in Series E funding in January 2022 at a valuation of USD 8 billion. The round was co-led by D1 Capital Partners and Spark Capital. The proceeds were used to accelerate global customer acquisition, along with investment in innovation efforts relating to DeFi, NFTs, and payments.

ConsenSys offers a suite of blockchain solutions that include 1) Diligence (smart contracts) 2) Infura (provides API access to the web 3) MetaMask (a Web3 mobile wallet) 4) Quorum (blockchain for business), and 5) Truffle (developer tools and testing). These solutions make it easier for businesses and developers to build blockchain-based solutions functioning on the Ethereum network.Consensys Quorum is an open-source blockchain platform that is designed for enterprise environments. It was initially developed by J.P. Morgan and later acquired by ConsenSys. Quorum is built upon Ethereum, inheriting its architecture and smart contract functionality, additionally including enhancements specific for enterprise use. Notably, Quorum supports private and permissioned blockchain networks. Quorum also introduces private transactions and private contracts that are not visible to the entire network but only to the parties involved.ConsenSys’ product suite also includes Decentralized Finance (DeFi) solutions for institutions and crypto enterprises, support for customers to build their own DeFi application, and support in running staking operations for customers. Furthermore, the company offers support for the creation and management of NFTs and digital collectibles using the ConsenSys NFT solution and powering decentralized autonomous organizations (DAOs) across various uses such as customer care and education.Key customers and partnershipsThe company had over 2,000 global clients and partners as of May 2023, with its key client base including Microsoft, Ernst &amp; Young, and Proctor &amp; Gamble.ConsenSys has aggressively pursued collaborations and partnerships to support the adoption of its product suite for various uses. This includes a launch of a marketplace for institutional staking in March 2023, in partnership with Allnodes, Blockdaemon, and Kiln, built upon the MetaMask wallet. Another example is the launch of Sports Illustrated Tickets (SI Tickets) in May 2023, in partnership with Sports Illustrated and built by ConsenSys as a self-service ticketing and event management solution. Amazon Web Services is also a key product partner, specifically supporting ConsenSys’ Ethereum-based solutions.Funding and financialsIn March 2022, ConsenSys raised USD 450 million in Series D funding at a valuation of over USD 7 billion. The round was led by ParaFi Capital and supported by new investors such as Temasek and Softbank. The funds were to be primarily used for the expansion of MetaMask, including a re-design and planned rollout of support for extensions. Additionally, the funds were aimed at supporting the global customer growth of the Infura development suite.

Chainalysis offers compliance and investigation software to analyze public blockchain ledgers, primarily to track virtual currencies. The company offers a wide array of products, including on-chain user insights for growth teams, enabling businesses to develop impactful churn-prevention strategies and identify major growth opportunities​​. Chainalysis also provides tools for investigations, risk and compliance, decentralized finance (DeFi), and non-fungible tokens (NFTs)​. Other key offerings include Reactor, a tool to connect cryptocurrency transactions to real-world entities, Know Your Transaction (KYT) for transaction monitoring and AML/CFT compliance, and Address Screening to prevent high-risk users from connecting to a platform. It also provides Business Data for customer intelligence in crypto businesses and Storyline, the first blockchain analysis tool designed for Web3​​.Key customers and partnershipsThe company had over 30 partnerships as of June 2023, each with varying objectives such as training, resale, and technology partnerships for using Chainalysis in additional use cases.Chainalysis partnered with StoneTurn, a global advisory firm, in May 2023 to enhance StoneTurn’s Cryptocurrency Investigations and Intelligence offering. StoneTurn uses Chainalysis' investigative software, Reactor, and the accompanying database in its financial crimes investigations and intelligence services. This partnership seeks to investigate concerns of fraud, misappropriation, or misconduct, helping companies, investors, and counsels identify, assess, remediate, and resolve these matters. As a Chainalysis investigative partner, StoneTurn assists in the analysis and recovery of cryptocurrency lost to theft or fraud through targeted on-chain investigations​​. In March 2024, the company <a href="https://sp-edge.com/updates/27503">partnered with Sumsub</a>, a verification solutions provider, to integrate the latter’s crypto transaction monitoring and travel rule solutions with its platform. The partnership provides users with a unified workflow for crypto operations and automated transaction monitoring services.Funding and financialsThe company raised USD 170 million in Series F funding in May 2022 at a USD 8.6 billion valuation. The funding round was led by GIC, Singapore’s sovereign wealth fund, and included participation from previous investors such as Accel, Blackstone, and Dragoneer. The proceeds were used for the development of its technology stack, expansion of operations, and hiring.

Disrupting the traditional financial system using blockchain

Decentralized Finance (DeFi)

Fireblocks is a blockchain infrastructure company that provides a suite of products designed to facilitate the secure handling of digital assets. Its offerings include the following:&nbsp;1) The Fireblocks Network, an institutional network that includes over 1,800 liquidity partners, trading venues, and counterparties (as of October 2023) for fast and secure on-chain settlement, rebalancing, and payments. Users can connect to the network to execute their digital asset trading strategies.&nbsp;&nbsp;2) Multi-party and self-custody (MPC) wallet-as-a-service, which enables users to create and embed wallet technology into their iOS, Android, and web applications. It also includes support for over 50 blockchains and token standards for Web3 and NFTs, such as ERC, BEP, and SPL, among others. In June 2023, Fireblocks <a href="https://sp-edge.com/updates/20121">expanded its wallet and key management technology</a> to include support for hardware security modules (HSM) and public and private cloud including Thales, Securosys, AWS, GCP, and Alibaba Cloud.&nbsp;3) Staking solutions, which include a unified dashboard for users to connect to validators and manage staking rewards via a unified dashboard and a policy engine for users to configure staking transaction policies and automate approval workflows. The company also provides software development kits (SDKs) for developers to embed staking services onto their dApps.4) An end-to-end tokenization platform that enables users to mint, custody, and exchange tokenized assets, such as stablecoins, public and private securities, and carbon credits, as well as manage the smart corresponding contracts. The solution leverages the Fireblocks network to connect users with a network of market participants for token distribution, clearing, and settlement; the MPC wallet technology for token infrastructure; and the policy engine for users to manage approval workflows and user permissions.&nbsp;In October 2023, Fireblocks <a href="https://sp-edge.com/updates/22303">acquired BlockFold</a>, an Australian asset tokenization platform, for USD 10 million to expand its capabilities in tokenization. The company planned to leverage this acquisition to offer clients tokenization services via its blockchain network, such as advisory, token customization, orchestration, and distribution. Furthermore, Fireblocks integrated the BlockFold development and business consulting team into its own Web3 engineering staff and Financial Markets group, respectively.In April 2024, Fireblocks&nbsp;<a href="https://sp-edge.com/updates/28782">launched two new products</a> named dApp Protection and Transaction Simulation to enable institutional DeFi users to mitigate security threats. Users can identify malicious smart contracts, phishing websites, and compromised dApps by checking for suspicious behavior. In December 2024, the company went on to<a href="https://sp-edge.com/updates/36843"> launch a new suite of DeFi products</a> including "Fireblocks Swaps," which enables token exchanges within the Fireblocks Console using Uniswap API, and "Token Allowance Manager," which provides visibility into token allowances across wallets.&nbsp;Key customers and partnershipsAs of April 2024, Fireblocks served over 1,800 clients, including institutions such as BNY Mellon, Revolut, BNP Paribas, Flipkart, Moonpay, and Near. In terms of partnerships, Fireblocks integrates with <a href="https://sp-edge.com/companies/2057422">Kiln</a> and <a href="https://sp-edge.com/companies/749019">Figment</a> to allow tokens to be delegated directly from the Fireblocks platform to institutional-grade staking validators. The company also provides secure access to liquid staking dApps such as Lido, Rocket Pool, Frax, and more​​.&nbsp;In July 2023, Fireblocks launched an integration with Astar Network, a Japan-based smart contract platform, to enable its banking and institutional clients to trade, swap, and lend digital assets on Astar via Fireblocks. The company went on to expand its support for Tezos, a Layer 1 blockchain infrastructure provider, in September 2023. This enabled users to custody Tezos-based assets and access its ecosystem of dApps. As of April 2024, the platform supported over 60 blockchainsFunding and financialsIn January 2022, Fireblocks raised USD 550 million in Series E funding co-led by D1 Capital Partners and Spark Capital at a valuation of USD 8 billion. The proceeds were used to accelerate global customer acquisition, along with investment in innovation efforts relating to DeFi, NFTs, and payments.&nbsp;

Cryptocurrencies

Fnality International is a fintech startup founded in 2019 that provides digital payment infrastructure leveraging blockchain technology. The company aims to build tokenized versions of currencies backed by funds held in central banks, enabling real-time cross-currency payments. Fnality's blockchain-based system simplifies cross-currency payments, offering 24/7 payment rails with the ability to reduce settlement cycles to real-time while improving intraday liquidity management.
In December 2023, Fnality commenced its Sterling Fnality Payment System (£FnPS) operations with participation from Lloyds Banking Group, Banco Santander, and UBS. The £FnPS brings together the safety and institutional quality of central bank funds with the functionality and resilience of blockchain technology for wholesale payments. Fnality has previously conducted proof-of-concept demonstrations showcasing its capabilities, including real-time settlement of tokenized securities, real-time cross-border FX swaps, and real-time repo transactions.
In November 2023, Fnality secured GBP 132.7 million in total funding after raising GBP 77.7 million in a Series B round led by Goldman Sachs and BNP Paribas, along with investments from DTCC, Euroclear, Nomura, WisdomTree, and existing backers. The funding will support Fnality's global liquidity management ecosystem for new digital payment models in wholesale financial markets and emerging tokenized asset markets.

Powering digital transformation for businesses

Low-code Platforms

Genesis Global offers a low-code application development platform specifically designed for financial markets organizations. Founded in 2012, the company's platform enables financial institutions to accelerate software innovation and overcome technology challenges. Genesis' solution allows firms to automate spreadsheet processes, enhance existing systems, replace legacy technology, and build new applications. The platform is built with flexibility and performance at its core, providing developers with frameworks, integrations, and components to create high-performance, resilient, and secure applications. Genesis estimates that its platform reduces coding time and effort by 80%, allowing clients to bring products to market five times faster. The company's technology is used by leading financial institutions for various purposes, including developing new software applications, enhancing legacy systems, and replacing manual processes with enterprise-quality solutions. In March 2023, Genesis was recognized with a TabbFORUM NOVA Award for its innovative contributions to financial services technology.
Key customers and partnerships
Genesis Global has formed strategic partnerships with several companies in the financial services sector. In November 2022, the company announced collaborations with Chenoa Information Systems, Flylance, Future Workforce, Luxoft, Velocity Investment Solutions, and Wissen Technology. These partnerships aim to develop and deploy new applications throughout the financial industry, leveraging the partners' expertise in areas such as process automation, digital transformation, AI, Big Data, and legacy system upgrades. Genesis has also worked with major financial institutions to deliver trading platforms, as evidenced by its projects for Octaura and Neptune Networks. The company's platform has gained traction among banks, asset managers, and other financial firms seeking to compete for market share, reduce legacy system costs, and comply with changing regulations.

A decentralized version of the web powered by the blockchain

Web3 Ecosystem

ConsenSys is a blockchain infrastructure company that provides services such as node management, development and testing environments, Web3 transition tools, and wallets for users to access and interact with dApps. As of March 2022, ConsenSys had roughly 700 staff and planned to expand to over 1,000 by the end of 2022.The company offers node-as-a-service through Infura, allowing developers to create dApps and connect to layer-1 blockchains such as Ethereum, NEAR, and Avalanche through APIs using HTTPs and WebSockets. It also allows developers to store data in decentralized and scalable storage on the InterPlanetary File System (IPFS) through APIs. Developers can also use ConsenSys’ Diligence service to audit its smart contracts to ensure the dApps are secure and ready for launch.Through its Codefi service, Consensus helps businesses transition to Web3, allowing them to digitize financial instruments and other assets, launch decentralized networks, and deploy production-ready blockchain solutions.It also offers an Ethereum-focused layer-2 network, Linea, which comprises of zkEVM rollups that enable developers to create blockchain applications with faster transaction times and reduced costs. The network includes notable features such as a new outer-proof system, a dynamic fee mechanism, and batch conflation, which enable it to deliver transaction costs up to 15x lower than Ethereum's base layer.ConsenSys also developed MetaMask, a non-custodial Ethereum wallet accessible through a mobile app and browser extension. Users can use the wallet to purchase cryptocurrencies (ETH and ERC-20 tokens), trade and store digital assets and NFTs, and engage with dApps on any Ethereum-based network. Additionally, the <a href="https://sp-edge.com/updates/31329">MetaMask Delegation Toolkit allows developers to onboard users to their dApps easily</a>. It contains three main components: 1) instant user onboarding without the need for traditional wallets or seed phrases; 2) elimination of user friction by removing pop-ups and constant confirmations when switching between dApps and wallets; and 3) control over gas payment options such as gasless transactions or reassigning gas costs.The company acquired Quorum, an enterprise variant of the Ethereum blockchain platform, from JP Morgan in August 2020. It also <a href="https://sp-edge.com/updates/22739">acquired Special Mechanisms Group</a> (SMG), a research and development company focusing on blockchain microstructure, in October 2023. SMG will become a division of ConsenSys and continue to operate as SMG. Through the acquisition, ConsenSys aimed to enhance its capabilities in mechanism design, allowing it to deliver better solutions for decentralized systems.Key customers and partnershipsAs of February 2024, the wallet had over 30 million monthly active users.ConsenSys <a href="https://sp-edge.com/updates/14846">partnered with DeFi focused layer-1 blockchain Celo</a> in November 2022, to allow the latter’s developers to build on Celo using Infura. Developers will be able to use Infura’s nodes to connect to the Celo blockchain to deploy dApps and also benefit from Truffle and Diligence, its smart contract development tools and audit service.Furthermore, the company launched the <a href="https://sp-edge.com/updates/24058">Decentralized Infura Network</a> (DIN) to enhance Infura network's decentralization, thereby improving the reliability of Web3 services that use it. BigTech companies such as Microsoft and Tencent are part of the DIN.

B2B, Trading and Compliance Venue for deliverable (think payments) Emerging Market Currencies. Linking Payments banks to the suppliers of EM Trading and Settlement services

Alpheya offers a complete line of wealthtech solutions driven by AI and native to the cloud.

Fnality International provides a digital cash system that uses blockchain technology to settle financial transactions. The company develops DLT-based wholesale payment systems in key jurisdictions, each overseen by its home central bank. It also offers banks a system for managing digital payments and supports the growing industry adoption of tokenized assets and marketplaces.

Since 2001, Volante has been focused on addressing the challenges of financial message integration and payments on-boarding, processing and orchestration. With a broad range of over 85 financial institutions and corporates as clients in 26 countries they provide the business agility needed to be competitive and thrive in the digital payments age by quickly dealing with the complexities of change, and taking advantage of business opportunities as they arise. All Volante products are born from a heritage of payments and financial message integration, and are rich with innovative functionality as a result of best practice driven R&D over the past 16 years. This means that their products coupled with their growing and maintained library of hundreds of international and domestic message standards plugins and transformations enable projects to be completed in months not years, or weeks not months, while insulating core systems from change.

MoCaFi is a developer of a personal finance platform designed to leverage mobile technologies, data analytics, and strategies to improve the financial behaviors of underbanked communities. The company's platform offers financial products and services in the areas of check cashing, custom loans, debit cards, financial literacy, data analytics, and personal finance via its mobile application and financial card, enabling users to check their balance, cash their paychecks and send money safely at no extra cost.

W. P. Carey Inc. is a publicly traded REIT (NYSE: WPC) that provides long-term sale-leaseback and build-to-suit financing for companies worldwide and manages an investment portfolio of more than $15 billion. W. P. Carey Inc. is the successor to W. P. Carey & Co. LLC, which had its origins in 1973. The largest owner/manager of net lease assets, our corporate finance focused credit and real estate underwriting process is a constant that has been successfully leveraged across a wide variety of industries and property types. Our portfolio of long-term leases with creditworthy tenants has an established history of generating stable cash flows that have enabled us to deliver consistent and rising dividend income to investors for nearly four decades.

Quantexa is a global data and analytics software company pioneering Contextual Decision Intelligence that empowers organisations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa's platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place.

Entrio is the pioneer of Responsible Tech Adoption, helping financial institutions to manage and streamline their use of technology with a Live Solutions Catalog. The company’s innovative approach ensures optimized spending, efficient tech use and reuse, and a transparent tech ecosystem, leading to agility and sustainable growth in the financial sector.

Conquest Planning is a FinTech company that is developing an innovative solution for the financial services industry.

Building fixed income portfolios is a painful process for all involved as fragmented data makes it difficult for portfolio managers and advisors to compile meaningful advice for each and every client. Even the best attempts at creating individualised portfolios for clients are often stumped by the limited tools available and yield sub-optimal results.  BondIT was founded in 2012 to tackle this problem. Their team expertise spans across fixed income, data science, and machine learning. The team combines market experience from fixed income experts with technical know-how from researchers and developers who have come together to find solutions for the bond market. Now, using BondIT's sanitized data, powerful machine-learning algorithms, and an intuitive user interface, they deliver the world of fixed income on a silver platter all in a matter of seconds.

AccessFintech offers risk management services for banks and buyside firms and tracks the trade lifecycle. It helps firms track the trade lifecycle and get a true sense of prioritized risk, across an increasing number of systems. Access FinTech brings together fintech providers and in-house technology, orchestrating the interaction of the distributed providers and creating a single visual display of the risk of financial transactions in a global sharable view.

Genesis Global enables financial markets organizations to innovate at speed through a software application development platform, prepackaged solutions and deep expertise in capital markets and financial services.  In supercharging developers to rapidly deliver high-performance, resilient and secure applications, Genesis replaces the buy vs. build challenge with a buy-to-build solution. The Genesis platform is designed with flexibility and performance at its core, providing developers with the frameworks, integrations and components required to automate manual workflows, enhance legacy systems and build entirely new applications.  Featuring a resilient, real-time service-oriented architecture, Genesis excels across the performance envelope of low-latency, high-throughput and high-scalability, powering mission-critical applications at the world’s leading financial institutions. Strategically backed by Bank of America, BNY Mellon and Citi, Genesis Global has offices in Miami, New York, Charlotte, London, Leeds, São Paulo, Dublin and Bengaluru.

Valkyrie Investments is a specialized alternative asset management firm.

Valkyrie Investments is a specialized alternative asset management firm at the intersection of traditional finance and the emerging cryptocurrency sector. The firm aims to create and manage portfolios and products, including managing exposure to digital assets and other frontier investments. Valkyrie Investments is led by financial industry veterans with decades of experience across firms including Guggenheim Partners, UBS, Chicago Board of Trade, Chicago Mercantile Exchange, and The World Bank.

Chainalysis designs and develops anti-money laundering software for Bitcoin businesses. Its products include REACTOR, an interactive investigation tool that identifies offenders, visualizes data, and shares results with people and organizations, and API, a transaction-based risk scoring solution that contains the source and destination of funds to measure risk. Chainalysis also offers activity monitoring reports and diligence tools, which allow analysts to estimate criminal revenues and emerging threats. It offers activity monitoring reports, due diligence tools, and cyber threats from the deep web for financial institutions, real-time application programming interface (API), web-based investigation software for due diligence, and verification of customers for bitcoin business, and web-based investigation tools to identify cyber-criminals, identification of bitcoin extortion payments made by victims to criminals, and attribution for cyber threat intelligence industries.

Talos Trading is an institutional technology infrastructure provider that connects all crypto ecosystem participants to support a full trading lifecycle. Talos Trading is based in New York, NY and was co-founded by Anton Katz and Ethan Feldman in 2018.

Coin Metrics is the provider of crypto financial intelligence, providing network data, market data, indexes, and network risk solutions to the most prestigious institutions touching crypto-assets. Coin Metrics is an open-source project to determine the economic significance of public blockchains. Today, we expand on that original purpose to empower people and institutions to make informed crypto-financial decisions.

Proxymity is a digital investor communications platform. Proxymity connect issuers, intermediaries and investors in real time via our unique digital pathway, which creates more efficient, more accurate and more transparent solutions.

iCapital Network is a fintech platform for alternative investments and investors. It has transformed the way the wealth management, banking, and asset management industries facilitate access to private markets investments for their high-net-worth clients by providing intuitive, end-to-end technology and service solutions. Wealth management firms use iCapital’s solutions to provide clients with quality funds at lower minimums and simplified digital workflows. Asset managers, RIAs, and banks leverage iCapital’s technology to streamline and scale their alternative investments operational infrastructure. Additionally, the iCapital ‘flagship’ platform offers wealth advisors and their high-net-worth client's access to a curated menu of private equity, private credit, hedge funds, structured investments, and other alternatives to help meet their investing needs for return and diversification. iCapital’s research and diligence team offers robust analysis alongside the firm’s extensive suite of advisor education, compliance, portfolio management, and portfolio analytics tools and services.  iCapital has been recognized on the Forbes FinTech 50 list each year from 2018 through 2002, the Forbes America’s Best Startup Employers in 2021 and 2022, and MMI/Barron’s Industry Awards as Solutions Provider of the Year in 2020 and 2021. As of May 31, 2022, iCapital services more than US$130 billion in global client assets, of which more than US$30 billion are from international investors (non-US Domestic), across more than 1,035 funds. Employing more than 800 people globally, iCapital is headquartered in NYC and has offices worldwide including in Zurich, London, Lisbon, Hong Kong, Singapore, and Toronto.

Fundbox is an AI-powered financial platform for small businesses that offer fast and intuitive access to business credit. The company is on a mission to empower the small business economy by unlocking customer growth. It is headquartered in San Francisco, California by co-founders Eyal Shinar, Tomer Michaeli, and Yuval Ariav in 2013.

Fireblocks is a platform that protects digital assets in transit, focusing on protecting the transmission of customers' digital assets between exchanges, counter brokers, hot wallets, and cold stores. Fireblocks enables banks, fintech, exchanges, liquidity providers, OTCs, and hedge funds to securely manage digital assets across a wide range of products and services. The technology consists of the Fireblocks Network and MPC-based Wallet Infrastructure.

ConsenSys is an Ethereum software web3 company. ConsenSys enables developers, enterprises, and people worldwide to build next-generation applications, launch modern financial infrastructure, and access the decentralized web. ConsenSys' product suite, composed of Infura, Quorum, Truffle, Codefi, MetaMask, and Diligence, serves millions of users, supports billions of blockchain-based queries for its clients, and has handled billions of dollars in digital assets. Ethereum is a programmable blockchain in the world, business adoption, developer community, and DeFi activity. On this trusted, open-source foundation, ConsenSys is building the digital economy of tomorrow.

HQLAᵡ is a financial technology innovation firm that leverages R3’s distributed ledger technology, Corda, to provide liquidity management and collateral management solutions for institutional clients in the global securities financing markets. HQLAᵡ and Deutsche Börse Group formed a strategic partnership for the creation of a joint operating model that provides market participants with improved collateral mobility across a fragmented securities settlement eco-system.

Civic Champs develops a mobile-based platform designed to automate volunteer management. It helps volunteers with their hour tracking, scheduling, engagement, and analytical insights, for service organizations.

Vestwell develops a digital savings platform to create a retirement plan for employees. It offers automated retirement investing options for RIAs depending on the rules and regulations and other defined contributions to companies and their employees to help advisers engage with their clients with compliance and automation.

C.C. Busy assists child care providers use voice assistants to log each child’s daily activities, making that log available to parents and regulators. Paperwork doesn’t take care of children, people do! Child care providers spend too much time on required paperwork, distracting them from the care of children. C.C. Busy saves child care providers time, allows providers to focus on children, keeps providers in compliance and facilitates communication with parents.

R3 provides enterprise technology and services for direct, digital collaboration. The company’s multi-party solutions leverage its trust technology, connected networks, and expertise in regulated markets to improve processes in banking, capital markets, global trade, and insurance. As an early adopter of both private distributed ledger technology (DLT) application platforms and confidential computing technology, R3 enables institutions to leverage direct digital collaboration fully. The company manages one of the largest DLT production ecosystems globally, connecting over 400 institutions, including global systems integrators, cloud providers, technology firms, software vendors, corporates, regulators, and financial institutions from both the public and private sectors.

Luminex Trading & Analytics is a creator of an equity trading platform designed to provide access to clean, natural block liquidity at significantly lower trading costs. They're interacting only with venue-approved participants, the platform provides low-cost trading with minimal information leakage, allowing traders to execute large block trades with less market impact.

Symphony Communication Services is a secure and compliant collaboration platform. Symphony offers a secure team collaboration platform that transforms the way users communicate effectively and securely with a single workflow application.  Forging a new path in the industry, Symphony is designed to help individuals, teams and organizations of all sizes improve productivity while meeting complex data security and regulatory compliance needs. Symphony was founded in October 2014 and is headquartered in Palo Alto, CA, with offices in Hong Kong, London, New York, Paris, Singapore, Sophia-Antipolis, Stockholm and Tokyo.

FastMatch is a new Electronic Communication Network for foreign exchange trading. FastMatch strives to offer its customers access to large pools of diversified liquidity at unparalleled speed with complete transparency in the optimal location.

GlobeImmune, operates as a biopharmaceutical company. It engages in developing and manufacturing Tarmogens, a targeted molecular immunotherapy for the treatment of cancer and infectious diseases. Its products include GI-3000, a Tarmogen for epidermal growth factor receptor over expressing tumors; GI-4000, a Tarmogen for mutated-Ras mediated cancers; GI-5005, a Tarmogen for chronic hepatitis C infection; GI-8000, a Tarmogen for influenza; and GI-10000 Targeted Ablation of Mutational Escape, a novel use of the Tarmogen platform that eliminates or prevents the emergence of mutated escape variants in patients receiving antiviral or targeted cancer therapies. GlobeImmune was founded in 1995 as Ceres Pharmaceuticals, Inc. The company is based in Louisville, Colorado.

Shoes For Crews has been the trusted leader in safety footwear to foodservice, hospitality, healthcare and industrial employees for over 30 years.  Their mission is to help protect you from Slip and Fall accidents by providing the most comfortable and slip-resistant footwear available anywhere.  They research, design, engineer and manufacture every shoe they sell to provide you the best in comfort, style, durability and slip-resistance.  Take a walk in their shoes for 60 days. If you're not happy with your shoes for any reason, exchange your shoes for free or return them, no questions asked.  Shoes For Crews® began producing slip-resistant footwear in 1984 and through superior outsole technology quickly became the industry leader. They have stayed on top by working hard to deliver you an unbeatable product at a great price.  Your safety and satisfaction is their ultimate goal.

iSolve is the IT solution for small and medium-sized businesses. It offers data and network protection, data security, and connectivity. They assess the software for accounting, client relationship management, office production, networking, and product management.

Cycore is a privately held graphics software company based in Uppsala, Sweden. Cycore was founded in 1996 by a group of creative engineers, led by Jerry Pettersson.   Cycore currently employs 78 people worldwide (as of February 2000) and specializes in the development of 3D technologies for the Internet, as well as special effects software and animation solutions for film makers, designers and corporations worldwide.

Net Value Holdings is a virtual incubator for early stage e-commerce businesses. Net Value Holdings is building its collaborative network by identifying compelling e-commerce opportunities and surrounding new companies with leading executives, high-profile advisors, and top-tier services. Founded in 1998, Net Value Holdings currently holds interests in nine Internet businesses in various stages of development.  Net Value Holdings is based in San Francisco with offices in New York, Boston and Philadelphia.

BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally to access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of September 30, 2024, BNY oversees $52.1 trillion in assets under custody and/or administration and $2.1 trillion in assets under management. BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY employs over 50,000 people globally and has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com.

<div> BNY (NYSE: BK), formerly known as The Bank of New York Mellon Corporation, is a global financial services company with a rich history dating back to 1784. As America's oldest bank and the first company listed on the New York Stock Exchange, BNY has evolved into a leading provider of investment management and investment services. BNY offers a comprehensive range of financial solutions through its three main business segments: <ul> <li> Securities Services: Provides asset servicing, issuer services, clearing, settlement, and securities lending. </li> <li> Market and Wealth Services: Offers execution, clearing, custody, and business solutions through Pershing, as well as global payments and liquidity management via Treasury Services. </li> <li> Investment and Wealth Management: Provides investment management services across major asset classes and wealth management solutions for high-net-worth individuals and institutions. </li> </ul> As of June 2024, BNY oversaw USD 49.5 trillion in assets under custody and/or administration and USD 2.0 trillion in assets under management. The company has a global presence, serving over 90% of Fortune 100 companies and nearly all of the top 100 banks worldwide. BNY has been recognized among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. In June 2024, the company simplified its brand to &quot;BNY&quot; and updated its logo as part of its ongoing evolution as a leading global financial services provider. </div>

BNY Mellon

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