Symbiont, an enterprise fintech company that builds financial markets infrastructure using blockchain technology, has hired Joe Ziccarelli in New York to work in its FICC group. Symbiont’s FICC team leverages Symbiont Assembly – which is a blockchain platform designed to create efficiencies, eliminates manual data replication and reconciliation processes, and enables real-time data sharing with […]
Ten financial services and technology firms leading developments in the digital asset and blockchain space have joined together to create the Association for Digital Asset Markets (ADAM) to establish a Code of Conduct for emerging digital asset markets.
US-based ADAM will proactively seek comprehensive standards for digital asset market participants. The group, which includes BitOoda, BTIG, Cumberland, Galaxy Digital, Genesis Global Trading, GSR, Hudson River Trading, Paxos, Symbiont and XBTO, says it will work with current and former regulators to provide rules for the efficient trading, custody, clearing and settlement of digital assets.
Future guidelines will encourage professionalism and ethical conduct by all market participants, increase transparency by providing information to regulators and the public, and deter market manipulation, the group stated.
Symbiont, a provider of smart contracts and distributed ledgers in financial markets, has appointed Caitlin Long as its president and chairman of the board of directors. In these roles Long will be responsible for commercialising Symbiont’s blockchain technology, encompassing business strategy and client relationships. Long brings 22 years of experience on Wall Street to Symbiont, […]