Core Insights - The Risk Asia Awards 2025 recognize excellence in various categories related to risk management and financial services across Asia [1][2][3] Group 1: Derivatives Awards - Derivatives house of the year for Asia is awarded to UBS [1] - Other notable winners include Daiwa Securities for Japan, Crédit Agricole CIB for Hong Kong and South Korea, and OCBC Bank for Singapore [1] - The award for derivatives house of the year in China goes to Shenwan Hongyuan Securities, while CTBC Bank wins for Taiwan [1] Group 2: Specialized Awards - Standard Chartered is recognized as the interest rate derivatives house of the year [1] - BofA Securities wins the currency derivatives house of the year award [1] - UBS is awarded both equity and credit derivatives house of the year [1] Group 3: Technology and Risk Solutions - Murex is named technology vendor of the year and also wins for system support and implementation [2] - S&P Dow Jones Indices is recognized for quantitative investment solutions [2] - FactSet is awarded for risk solutions [2] Group 4: Compliance and Risk Management - The best AI solution for risk management is awarded to SAS Institute [2] - Wolters Kluwer receives multiple awards for various risk management solutions including IFRS 9 and credit risk management [2] - NICE Actimize is recognized for its AML solution of the year [2]

Core Insights - Standard Chartered predicts that Ethereum will benefit more from the corporate digital asset treasury trend compared to Bitcoin and Solana in the future [1][7] Group 1: Digital Asset Treasuries - Geoffrey Kendrick, global head of digital assets research at Standard Chartered, notes that consolidation of Bitcoin digital asset treasuries is likely due to recent declines in multiples to net asset value (mNAV) [2] - If mNAVs of Bitcoin treasury firms fall significantly below 1, larger companies like MicroStrategy may acquire them, potentially increasing their Bitcoin exposure at a low cost, although this would not result in new net buying [4] - The number of firms imitating MicroStrategy's strategy has increased from 38 to 89 since the beginning of the year, indicating market saturation [8] Group 2: Comparison of Digital Asset Treasuries - Solana digital asset treasury firms are less established and face growth challenges as Nasdaq tightens oversight [5] - Ethereum digital asset treasury firms are more established than Solana's and are expected to benefit from staking, which will support their mNAVs [6] - The largest Ethereum treasury, Bitmine, holds nearly $10 billion in Ethereum and has a pre-approved strategy, positioning it favorably compared to its peers [6] Group 3: Market Trends - The recent decline in mNAVs of digital asset treasury firms is attributed to market saturation, with Ethereum treasury firms acquiring over 3% of the Ethereum supply and holding over $16 billion in assets in just over three months [8]

Partnerships & Collaborations - Bybit 与卡塔尔国家银行集团和 DMZ Finance 合作，旨在促进机构投资者进入数字资产领域 [1] - 此次合作是与中东和非洲最大的金融机构卡塔尔国家银行集团的里程碑式合作 [2] Product & Services - Bybit 现在接受 QCDT 作为抵押品，QCDT 是全球首个获得 DFSA 批准的代币化货币市场基金 (MMF) [1] - QCDT 由美国国债支持，由卡塔尔国家银行管理，并由渣打银行在迪拜国际金融中心 (DIFC) 托管 [2] Institutional Benefits - 为机构投资者解锁高达 10 亿美元的借款能力 [2] - 增强机构信任：与卡塔尔国家银行集团的合作，得到全球银行业实力的支持 [2] - 监管清晰：QCDT 由美国国债支持，由卡塔尔国家银行管理 [2] Strategic Goals - Bybit 致力于成为传统金融和加密经济之间值得信赖的桥梁，为机构参与的下一个时代铺平道路 [3]

Core Insights - The QCD Money Market Fund, the first regulated tokenized money market fund in the Dubai International Financial Centre (DIFC), has been launched, setting a benchmark for Real World Asset (RWA) tokenization in the Middle East [2][4]. Company Overview - QNB Group, the largest bank in the Middle East and Africa, initiated the fund, with DMZ Finance providing tokenization infrastructure and Capricorn Fund Managers (DIFC) Limited acting as the Fund Manager [3][4]. - Standard Chartered serves as the custodian of the QCD Money Market Fund, having launched its regulated digital asset custody services in the DIFC in 2024 [3][4]. Industry Impact - The QCD Money Market Fund offers advantages in authority, compliance, security, liquidity, and market positioning, with applications including recognition as eligible collateral by QNB Group and adoption as a mirrored collateral asset by global exchanges [4][5]. - The fund aims to bridge traditional finance (TradFi) and decentralized finance (DeFi), enhancing accessibility and liquidity of traditional assets through tokenization [5][6]. Strategic Statements - QNB Group's CEO highlighted the fund's role in integrating high-quality, yield-bearing assets into the digital economy, emphasizing the use of blockchain technology [5]. - Standard Chartered's CEO noted that the launch reinforces the UAE's position as a global center for innovation in regulated digital assets, supporting the convergence of traditional and digital finance [5][6]. - DMZ Finance's Chairman stated that the fund connects exchanges with institutional clients, addressing liquidity needs and expanding its global footprint [6].

🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 UK to strengthen ties with US on cryptocurrencies and digital assets, with the deal expected to specifically include stablecoins and closer regulatory alignment, FT reports.🔹 Tuttle Capital files for Bonk Income Blast ETF, Litecoin Income Blast ETF and SUI Income Blast ETF.🔸 The U.S. House is pushing to add a CBDC ban to the market structure bill.🔹 Bitwise filed for a Stablecoin & Tokenization ETF that will invest in stocks and crypto assets.🔸 ...

LATEST: 🏦 Standard Chartered has revealed that its venture division is preparing to launch a $250 million digital asset fund in 2026, making the British multinational bank the latest major financial institution to embrace digital assets. https://t.co/hAe6PQpWXF ...

🚨 CMC News: Ethereum Treasury Firms Positioned Better Than Bitcoin Peers, Says Standard Chartered.🔗 https://t.co/LwR5iSeGRj https://t.co/fXXGv5m9C9 ...

Investment & Strategy - Standard Chartered's VC arm plans to raise $250 million to invest in digital assets [1] - The investment focus is on digital assets tied to financial services [1]

🚨 NEW: Standard Chartered's SC Ventures plans to raise $250 million for a digital assets fund focused on fintech investments, targeting launch next year, per Bloomberg. https://t.co/FYDpslItoA ...

🚨JUST IN: STANDARD CHARTERED WARNS DIGITAL ASSET TREASURIES FACE A VALUATION CRUNCH AS MARKET NET ASSET VALUES (MNAVS) COLLAPSE ...