Trafigura negotiates with China's ITG to launch a commodity credit vehicle
Read Our Expert Analysis
Create an account or login for free to unlock our expert analysis and key takeaways for this development.
By continuing, you agree to receive marketing communications and our weekly newsletter. You can opt-out at any time.
Recommended for you

US and Japan Close to Launching Three Strategic Projects Backed by Tokyo’s $550B Investment Vehicle
Washington and Tokyo are nearing agreement to seed three priority ventures using a Tokyo-based $550 billion investment vehicle, moving a key element of their recent trade pact toward execution. The shortlisted initiatives span data center infrastructure, a Gulf of Mexico oil terminal, and production of synthetic diamonds aimed at semiconductor supply chains.

New Xinhua indices show Chinese ports’ growing clout and volatile bulk commodity flows
Two new indices released by Xinhua’s research arm map 2025 shifts in maritime corridor performance and bulk commodity activity at Shandong ports, highlighting Chinese port clusters’ operational strengths and rising market swings in oil and sulphur. Key sub-indicators registered double- and triple‑digit moves, underscoring both resilience in core shipping lanes and elevated price and storage volatility for select bulk commodities.

EU Proposes Critical‑Minerals Pact with U.S. to Curb China’s Dominance
The European Commission has proposed a structured transatlantic partnership with the United States to secure supplies of critical minerals for batteries, electronics and defense. The plan aims to coordinate procurement, co‑finance mine and processing projects and align standards — dovetailing with recent U.S. moves such as a sizable federal reserve effort and Project Vault-style financing to boost allied supply capacity.

Jump Trading to take equity stakes in Kalshi and Polymarket while supplying liquidity
Bloomberg reports Jump Trading is negotiating equity arrangements with Kalshi and Polymarket in return for supplying continuous two-sided liquidity. The potential deal comes as Kalshi pursues an aggressive regulatory and growth push — opening a Washington, D.C. outpost, hiring senior policy operatives and reporting blockbuster monthly volumes — which both increases the strategic value of an equity-for-liquidity tie-up and compounds legal and governance risks.

Octopus Energy to export its power-trading platform into China as software-first strategy
UK-based Octopus Energy is extending its energy trading software into the Chinese market, offering a cloud-based platform to link generators, retailers and grid operators. The move prioritizes software exports over large capital investment, aiming to monetize trading capabilities while navigating regulatory and data-localization hurdles.

Teciem launches in London after Apax completes purchase of Finastra’s treasury and capital markets unit
A new standalone firm, Teciem, has been created following Apax Funds’ acquisition of Finastra’s treasury and capital markets division, inheriting a global client portfolio and the unit’s staff. Backed by private equity, the business aims to accelerate product development and preserve operational continuity for banks that rely on its software.
Franklin Templeton and Binance launch off-exchange tokenized fund collateral for institutional trading
Franklin Templeton and Binance unveiled a program that lets institutional traders pledge tokenized money-market fund units as collateral while custodians keep the assets outside the exchange. The arrangement aims to lower counterparty exposure and improve capital efficiency by letting pledged holdings keep earning yield while mirrored within Binance’s trading environment.
Regulatory clarity and derivatives draw TradFi deeper into crypto
Panelists at Consensus Hong Kong said clearer rules and a new generation of derivatives and tokenized products are making crypto a credible institutional allocation. Regional rulemaking — from Hong Kong’s sequenced authorizations to U.S. custody guidance and Fed deliberations — plus product launches like stablecoin-rate futures are lowering practical barriers to TradFi involvement.