College basketball didn’t stop the innovations from coming fast and hard. Then again, Spring is in the air with all the blessings it brings to warm things up!
Headlines to take note of:
- CME unveiled plans to launch its second order book later this year;
- DTCC will enable round-the-clock trading next year;
- Thanks to Bruce Markets, there’s a new Alternative Trading System (ATS) in town;
- Checkbook now has integrations with PayPal and Venmo;
- Plus, a lot of tokenization is happening in the crypto space! (read on to find out);
- And much more!
Of course, it’s your week in digital wealth!
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Wealthtech, Regtech, Regulatory, and Treasury
CME Group
Premier derivatives ecosystem CME Group unveiled plans to launch a second version of its BrokerTec central limit order book (CLOB). CME proposed to launch the CLOB for cash Treasuries in Q3 2025.
The derivatives specialist will also co-locate the offering and its futures and options markets in Chicago.
Depository Trust & Clearing Corporation (DTCC)
On March 18, market infrastructure firm DTCC announced its intention to enable 24-hour equities trading in Q2 2026. The move is still undergoing compliance and regulatory reviews.
Furthermore, DTCC’s National Securities Clearing Corporation (NSCC) will support the pending implementation.
In related news, niche platform Bruce Markets revealed full approval for its Bruce ATS™ solution. The boutique ecosystem revealed the SEC’s and FINRA’s approval for the Alternative Trading System (ATS).
Moreover, the solution enables investors to access National Market System (NMS) securities after hours.
Robinhood Derivatives, LLC
Thanks to Robinhood, retail traders can access event-based prediction markets. Robinhood Derivatives revealed the launch of a prediction markets hub that is directly available via its app.
In addition, the solution and associated contracts will be available via the CFTC-regulated KalshiEX LLC.
Crypto, Blockchain, and Digital Assets
Premier digital asset ecosystem FalconX introduced the first tokenized Structured Credit Facility (SCF). The offering improves access to liquidity in the fixed-income markets.
Moreover, the SCF is available via FalconX partner firms Pareto and M11 Credit.
Hamilton Lane Advisors, LLC/OpenDeal Inc. (Republic)
Behemoth investment firm Hamilton Lane took innovation to another level with the Hamilton Lane Private Infrastructure Fund (HLPIF). The offering enables unaccredited retail access to private markets and infrastructure assets.
Hamilton Lane partnered with Republic to ensure the availability of the tokenized fund.
FMR LLC (Fidelity Investments)
Similarly, according to a March 21 SEC filing, Fidelity filed for an on-chain share version of its Fidelity Treasury Digital Fund (FYHXX). The investment giant will deploy blockchains as transfer instruments.
Consequently, the filing is subject to regulatory approval and has a May 30 go-live date.
Fintech, Personal Finance, and App
Seamless payments ecosystem Checkbook expanded its payment rails to include PayPal and Venmo. The deployments have seamless integrations with Checkbook’s ecosystem.
Moreover, the setup improves transaction speeds and enhances flexibility.
Thanks to a partnership between Klarna and payment-focused OnePay, installment loans are now available for Walmart shoppers. The cooperation combines Klarna’s credit solutions with OnePay’s architecture, which integrates with Walmart’s infrastructure.
Consequently, the offering will have integrations with Walmart’s checkout system later in the year.
nCino, Inc. (Sandbox Banking)/Zoom Communications, Inc.
nCino subsidiary Sandbox Banking revealed the inclusion of its Glyue® solution in the Zoom App Marketplace. The addition enables improved communication processes for FIs.
Additionally, the deployment has AI capabilities and improves workflows via data integrations.
A new banking offering is on the block thanks to a partnership between Verizon and Santander Bank. In April, Verizon’s mobile and 5G users will have access to a high-yield digital savings account.
The tie-up works off Santander’s Openbank division.
Banking, Payments, and Infrastructure
Ninth Wave, Inc./Amount, Inc./Q2 Holdings, Inc.
Banking software Fintech Q2 was in the news for all the right reasons. Data security specialist Ninth Wave revealed that it is joining the Q2 Partner Accelerator Program and integrating it with its core solution.
Similarly, deposit and loan origination Fintech Amount joined the Q2 Partner Accelerator Program, enabling improved card operations for FIs.
Jack Henry & Associates/Mastercard/ICBA Payments
Boutique Fintech expanded its partnership with Mastercard to include deploying its Mastercard Move solution, the curated ecosystem of Mastercard’s money transfer offerings. The collaboration integrates Mastercard Move with the Jack Henry Rapid Transfers™ platform.
Furthermore, the setup enables improved remittances for FIs across the Mastercard network.
Bismarck, North Dakota-based Capital Credit Union deployed Jack Henry’s Symitar offering as part of digitization efforts.
ICBA Payments, the Independent Community Bankers of America® (ICBA) payments-focused unit, also partnered with Mastercard to improve card operations for CFIs.
Princeton Federal Credit Union (PFCU)/Mahalo Technologies, Inc.
Princeton, New Jersey-based Princeton Federal Credit Union revealed its collaboration with niche Fintech Mahalo to deploy cutting-edge banking solutions. The tie-up combines Mahalo’s Thoughtful Banking with Corelation Keystone’s offering.
Moreover, the deployment enables improved member services, including card services, overdrafts, and messaging functionalities.
SMBC MANUBANK-owned Jenius Bank unveiled the new features of the next-gen mobile and online banking solution. Improved capabilities include analytics and personalized insights alongside flexible financial goal-oriented tools.
In addition, Jenius Bank has a high-yield savings account and personal loan offerings, which have excellent rates and are fee-free.
REtech, Insurtech and Investing
Property and climate risk-focused ZestyAI approved its Severe Convective Storm (SCS) Suite across five states. ZestyAI’s risk models now cover residential and commercial properties in Arkansas, North Carolina, Oklahoma, Louisiana, and Wisconsin.
Furthermore, the deployment improves storm prediction precision for related claims.
Boutique Insurtech Novidea revealed upgrades to its insurance management platform. Additions include CLASS (Claims Loss Advice and Settlement System) support, Insurance Business Accounting optimization (IBA) optimization, and more.
Moreover, documentary enhancements enable file-type associations with legal entities.
Sixfold AI, Inc.
GenAI-focused risk analytics Insurtech Sixfold launched ‘AI Accuracy Validator,’ a solution that enables precise risk profiles. The offering provides improved risk model validation using underwriting standards as a reference point.
Consequently, the solution has a scoring and feedback mechanism for human evaluation and decision-making.
