Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

37266

Trakx launches regulated digital asset platform

RELATED TOPICS​

Trakx.io has been officially registered as a Digital Asset Service Provider (DASP) in France by the AMF, France’s securities regulator. 

This is the first time a company is granted such a certification on four separate licenses. Simultaneously, Trakx has launched a Digital asset platform for institutional clients and qualified retail investors.

VASP registration became mandatory in France in January 2021 for any company offering digital assets services. On 20 July, Trakx.io got approved for four licences: operating a trading platform for crypto traded indices, offering custody services to its clients, exchanging digital assets to traditional and digital currencies.

“Although digital assets are a relatively new asset class, the industry is moving toward passive portfolio management products. The French VASP registrations granted by the AMF represent a significant step forward in our effort to deliver a compliant solution where investors can trade digital assets with confidence and trust,” says Lionel Rebibo, CEO and founder of Trakx who adds “we strongly believe this recognition is the first of many, as we are looking forward to be fully compliant in all the jurisdictions we will penetrate.”

Latest News

Designed to meet the growing needs of investors seeking to combine financial returns with impact..
MSCI has launched MSCI AI Portfolio Insights, writing that it combines generative artificial intelligence “GenAI”..
The Capgemini Research Institute’s World Wealth Report 2024, published today, reveals the number of high-net-worth..

Related Articles

graph
The exodus from hedge funds continues with investors questioning unswayed by relatively strong performance from the alternative asset class...
The exodus from hedge funds continues with investors questioning unswayed by relatively strong performance from the alternative asset class...
Waves
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published, entitled The urgent need for better ocean-related data to make informed investment decisions...
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published,..
Frozen soap bubble
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct Authority says has a simple aim: “Financial products that are marketed as sustainable should do as they claim and have the evidence to back it up.”..
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct..
Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by