Augustus won conditional OCC approval for a US bank charter focused on AI payments, stablecoin settlement, and programmable clearing.

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Mathematical Infrastructure for Programmable Capital — Part III A system that stores without defining what evidence makes that statement true does not have settlement semantics. It has a boolean with ...

Tokenovate, the UK financial technology company providing post-trade workflows-as-a-service and programmable settlement solutions, has appointed William L’Heveder as Chief Revenue Officer.    L’Heveder brings more than a decade of experience acrosscapital markets, strategy and commercial leadership. He spent over seven years at BMLL, a provider of historical market data and analytics to global capital markets, where he helped scale the business and drive its commercial growth through to its acquisition in 2025, following earlier experience at Boston Consulting Group and as a derivatives trader.   His appointment comes as Tokenovate continues to build traction around Novat, its programmable settlement protocol for tokenised assets. Designed to address long-standing settlement inefficiencies through programmability and standardisation, Novat combines digital legal agreements, the FINOS Common Domain Model (CDM) and programmable settlement to automate complex post-trade processes, streamline operations and improve liquidity efficiency acrossglobal capital markets.  In September, Tokenovate announced the first CDM-native intra-day repo settlement on the Canton Network using USDC issued by Circle, demonstrating the application of its technology to institutional digital markets. Also in September, Tokenovate demonstrated atomic settlement for intra-day repo transactions in the Bank of England’s Synchronisation Lab.  As Chief Revenue Officer, L’Heveder will focus on building on this momentum by expanding Tokenovate’s commercial pipeline, developing new client opportunities, strengthening strategic relationships and helping convert growing market interest into long-term commercial partnerships. Richard Baker, CEO and Founder of Tokenovate, commented: “We are delighted to welcome William to Tokenovate at such an important point in our growth. We have built strong foundations across our technology, partnerships and market proposition, and William brings exactly the experience we need as we scale the business.   “He has a strong track record of helping grow a capital markets technology company, building senior industry relationships and converting market opportunity into commercial success. I’m really excited to have him on the team as we broaden adoption of our platform, deepen engagement with the market and reach new clients.”   William L’Heveder, Chief Revenue Officer at Tokenovate, added: “Tokenovate has built strong momentum and is becoming a key player in shaping the future of wholesale digital markets, both in the UK and globally.   “I’m excited and grateful for the opportunity to join the team. Having experienced first-hand what it takes to scale a capital markets technology business, I’m looking forward to bringing that experience to Tokenovate, strengthening existing relationships, opening new opportunities and winning new clients as we drive broader institutional adoption of our post-trade workflows and programmable settlement solutions, including Novat.” Marc Oehler (CEO, Infomaniak), Boris Siegenthaler (Chief Strategy Officer, Infomaniak) (from left)

A 1:1 USD-backed stablecoin built for agentic commerce. Enabling seamless, automated transactions with real-time settlement and programmable payments.

Ripple is building issuance, stablecoin, trading, custody, and credit infrastructure as financial institutions adopt tokenized assets. Its XRPL ecosystem links programmable funds with continuous settlement, liquidity, yield, collateral, and compliance tools. Ripple Expands Its Institutional Tokenization Infrastructure Ripple President Monica Long outlined the company’s broader strategy on Aug. 4 after Ripple announced strategic investments in […]

The UK Financial Conduct Authority published a wide-ranging review outlining how autonomous, decision‑making AI agents could transform retail financial services and increase demand for programmable settlement such as systemic stablecoins and tokenized deposits. The FCA frames...

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