Cobalt relaunches as CobaltFX, digital asset division spin off planned for Q2 LeapRate

March 28, 2023 BY Steffy Bogdanova

Cobalt relaunches as CobaltFX, digital asset division spin off planned for Q2

Digital asset venture in Q2 With CobaltFX solely interested in the forex industry, the company’s digital asset (DA) division falls outside the product offering. However, CobaltFX’s ascending CEO Marc Levin highlighted that the growing digital asset space makes the new venture “the next thing banks will want.” Levin, said: We believe both opportunities are huge…

December 15, 2022 BY Steffy Bogdanova

United Fintech announces acquisition of Cobalt

Under the acquisition agreement, United Fintech will onboard Cobalt, its clients and employees onto its platform. However, Cobalt will continue to operate as a standalone company. Christian Frahm will serve as the new Chairman of Cobalt and Cobalt’s co-founder & Chief Product Officer Andrew Coyne and CEO Darren Coote will remain in leadership of the…

February 19, 2020 BY Valentina Kirilova

Sucden Financial is accessing Cobalt’s post-trade FX infrastructure

Credit is an issue across the foreign exchange market, as lack of transparency in traditional operations means that institutions may be unable to manage their credit lines efficiently. Banks are looking to change the way they operate to make middle and back-office functions more efficient. Sucden Financial has announced that it has now access to…

February 06, 2020 BY Steffy Bogdanova

Cobalt launches Citi in on its infrastructure for bilateral trading

The London-based fintech, Cobalt, announced yesterday the launch of Citi on its post-trade infrastructure for bilateral flow. Citi has been an investor in the Forex post -trade platform, Cobalt, since 2016. Powered by distributed ledger technology (DLT), its infrastructure creates a standardized record of all Forex trades that could be applied to banks, buyside, prime…

September 23, 2019 BY Valentina Kirilova

Cobalt goes live with Deutsche Bank, XTX Markets and Saxo Bank on its FX post-trade infrastructure

FX post-trade infrastructure and solutions provider Cobalt has announced that it has gone live with Deutsche Bank, XTX Markets and Saxo Bank as its first clients. Cobalt has developed a platform that matches all FX trades into a single trusted record, dramatically increasing efficiency and offering clients savings of up to 50% on their current…

April 11, 2019 BY Valentina Kirilova

Cobalt adds FinTech investment expert Stephen Wolff to its team

Cobalt, the foreign exchange (FX) infrastructure based on shared ledger and high performance technology, has just announced that it has appointed Stephen Wolff as a Strategic Advisor to support its global growth strategy. Wolff has served on the board of numerous financial market technology and infrastructure companies including R3, Tradeweb and ClearCourse Partnership. He also…

January 16, 2019 BY Mariela Naydenova

The dynamic trio – Ford, Congo and Blockchain

Ford is going to implement blockchain to keep record of cobalt suppliers in the Democratic Republic of Congo, as reported by Telegraph. Cobalt is the major metal used for the construction of batteries for electric vehicles. The proper quantity of metal supplied will be traced by a blockchain pilot program, launched by Ford, LG Chem,…

November 01, 2018 BY Valentina Kirilova

Cobalt hires Traiana executive Anoushka Rayner as Head of Sales

Cobalt, the foreign exchange (FX) post-trade processing network based on shared infrastructure and high performance technology, has just announced that it has appointed FX specialist Anoushka Rayner as global head of sales and business development. Anoushka Rayner brings over 20 years of experience in the FX industry to Cobalt. She has held a number of…

September 25, 2018 BY Valentina Kirilova

Cobalt names Darren Coote Managing Director

Cobalt, the foreign exchange (FX) post-trade processing network based on shared infrastructure and high performance technology, has informed that it has appointed FX industry veteran Darren Coote as managing director. Darren Coote has been working with Cobalt since the end of 2017 as a strategic advisor and will now take on responsibility for the day…

June 27, 2018 BY Valentina Kirilova

Cobalt launches low latency credit management platform

Cobalt, the shared back and middle office FX infrastructure provider, has unveiled its innovative credit management platform that significantly reduces risk for FX market participants. Cobalt’s low latency credit management platform utilises high-throughput technology to control credit and associated market access rules throughout the trade lifecycle in real-time. It significantly reduces risk for the entire…

Tag: cobalt