Tagged: custody

October 21, 2023 @ 2:33 pm By Omar Faridi  |  

Copper.co, one of the industry’s digital asset custodians, is announcing further growth of integrated blockchains with Stacks, a network that enables the creation of decentralized applications (dApps) and smart contracts on top of the Bitcoin blockchain. Stacks reportedly combines “the strength, security, and capital of… Read More

September 8, 2023 @ 4:31 pm By Omar Faridi  |  

HAYVN, a digital asset-focused financial institution delivering Payments, Trading, Custody, Asset Management and Research, announced a partnership with crypto hardware manufacturer, Ledger. The partnership will see HAYVN “provide safe and robust off-ramping rails to users of Ledger’s Ledger Live service.” Ledger Live allows users “to… Read More

September 1, 2023 @ 3:59 pm By Omar Faridi  |  

This strategic partnership showcases Copper‘s continued commitment to providing secure and reliable custody services “for innovative blockchain projects and protocols and promoting sustainability.” Copper, a digital asset infrastructure provider, is has officially integrated custody support for Sustainable Bitcoin Protocol‘s new asset, the Sustainable Bitcoin Certificate… Read More

August 23, 2023 @ 10:29 pm By Omar Faridi  |  

Komainu, a regulated digital asset custody service provider built by institutions for institutions, announced that it has been granted the operating license by the Virtual Asset Regulatory Authority (VARA) in Dubai after securing its MVP license last November. Achieving this final step in VARA’s licensing… Read More

August 16, 2023 @ 8:22 am By Omar Faridi  |  

BitGo recently revealed that it has raised additional funding at a $1.75 billion valuation. The crypto firm has acquired $100 million from new investors, while remaining focused on adhering to applicable guidelines and regulations. In a tumultuous year for US-based crypto firms, a select few… Read More

July 29, 2023 @ 11:20 am By Omar Faridi  |  

eToro, the multi-asset investing platform, has announced that on 29 June 2023 the Bank of Spain has “approved the registration of eToro as a service provider of exchange of virtual currency for fiat currency and electronic wallet custody services.” Tali Salomon, eToro’s Regional Manager for… Read More

July 28, 2023 @ 3:25 pm By Omar Faridi  |  

First Digital Group, which includes First Digital Trust, one of Asia’s leading qualified custodians and a registered trust company headquartered in Hong Kong, announces that its stablecoin, First Digital USD (FDUSD), “issued under the entity FD121, will debut and list on Binance, the world’s largest… Read More

July 19, 2023 @ 3:15 pm By JD Alois  |  

In September 2022, Nasdaq announced a new Nasdaq Digital Assets division that would provide a custody solution, subject to regulatory approval. According to reports, Nasdaq has decided to abandon its push into crypto custody to focus on other initiatives – like its move into Regtech… Read More

July 14, 2023 @ 11:40 am By Omar Faridi  |  

Gemini Fund Solutions (GFS) says it is the one of the leading providers of custody, clearing/settlement, trading, and other capital markets services that have been specifically designed “for crypto exchange-traded funds (ETFs), closed-end funds (CEFs), and other fund vehicles.” Founded in 2020, GFS is reportedly… Read More

July 2, 2023 @ 2:28 pm By Omar Faridi  |  

Betterment, the independent digital financial advisor, today announced that Betterment for Advisors, its RIA custody division, has launched an integrated suite of tools that will provide financial advisors “with granular control over how client assets are managed, transferred, and sold.” The new features will “give… Read More

June 27, 2023 @ 11:55 am By Omar Faridi  |  

Bybit, which claims to be the world’s “third most visited” crypto exchange, is pleased to announce that it has successfully obtained a license to operate a crypto exchange and provide custody services in Cyprus. This milestone demonstrates Bybit‘s commitment “to working within regulatory frameworks and… Read More

June 26, 2023 @ 6:09 pm By Omar Faridi  |  

GSR – the global crypto market maker and liquidity provider – has selected direct custody technology platform Fireblocks and Elliptic – a blockchain analytics provider – to streamline and further amplify its compliance practices in digital asset trading and market making. Through Elliptic’s rich API… Read More

June 22, 2023 @ 12:33 pm By JD Alois  |  

Bitgo has decided to terminate its preliminary agreement to acquire Prime Trust. Earlier this month, rumors circulated about troubles at Prime Trust, with Bitgo emerging as a white knight to acquire the firm. BitGo had signed a term sheet to acquire the equity of Prime… Read More

June 21, 2023 @ 7:49 am By Omar Faridi  |  

Deutsche Bank AG (ETR: DBK) has reportedly submitted an application for obtaining regulatory clearance to serve as a digital asset custodian, based in Germany, the bank revealed on Tuesday (June 20, 2023). As first reported by Bloomberg, this latest development from Deutsche Bank comes only… Read More

May 18, 2023 @ 7:00 am By Omar Faridi  |  

With this key acquisition, Ripple takes on the growing institutional crypto custody market, expected to reach $10T by 2030 Ripple, the Fintech focused on enterprise blockchain and crypto solutions, announced it has acquired Metaco, a Swiss-based provider of digital asset custody and tokenization technology. Diversifying… Read More

May 11, 2023 @ 1:29 pm By Omar Faridi  |  

Standard Chartered (LON: STAN) has signed a memorandum of understanding (MoU) with Dubai International Financial Centre (DIFC) in order “to collaborate on digital assets, including digital asset custody.” Subject to regulatory approval, Standard Chartered plans “to launch digital asset custody services, starting in DIFC and… Read More

May 11, 2023 @ 7:21 am By Omar Faridi  |  

Sygnum announces the addition of Cosmos’ native token ATOM to its expanding portfolio of regulated digital asset banking products and services. Sygnum clients “can now conveniently buy and hold ATOM on its institutional-grade platform and stake their holdings to earn attractive staking rewards” From today,… Read More

April 28, 2023 @ 1:04 pm By Omar Faridi  |  

Giddy, the self-custody smart wallet that connects crypto holders to DeFi earning opportunities, has raised $6.9 million in a fresh round of funding. The capital raised from the investment round will be used “to further Giddy’s mission of bringing easy crypto DeFi adoption to the… Read More

April 27, 2023 @ 8:24 am By Omar Faridi  |  

CoinFlip, a Fintech company powered by cryptocurrency, announces today a new chapter of growth and product evolution with the launch of ‘Olliv,’ a safe, inclusive, self-custody-powered crypto platform delivering financial services in the digital economy accessible to everyone. Olliv claims it is “breaking down the… Read More

April 26, 2023 @ 3:10 pm By Omar Faridi  |  

Financial Recovery Technologies (FRT), the global securities class actions recovery provider, announced it will power the North American class action filing and recovery service for BNY Mellon‘s custody clients, “including broader access to comprehensive non-U.S. alerts for global markets.” This expands upon the alliance that… Read More