Tagged: custodian

August 13, 2024 @ 10:02 pm By Omar Faridi  |  

Gemini has reportedly become the custodian for Path Crypto‘s managed portfolios platform. Since launching nine years ago, Gemini claims to have made it its mission to “be a responsible custodian powering the expansion of the cryptocurrency ecosystem.” To that end, Gemini is pleased to announce… Read More

June 17, 2024 @ 6:11 am By Omar Faridi  |  

Copper.co, one of the industry’s digital asset custodians, announces a strategic partnership with Solv Protocol, a native yield platform that tokenizes and aggregates high quality yields from various sources across the industry. This collaboration leverages Copper‘s custody and collateral management solutions, including its ClearLoop technology,… Read More

June 11, 2024 @ 8:30 am By Omar Faridi  |  

Earlier this year, Ripple announced its intent to acquire Standard Custody & Trust Company, an enterprise-grade regulated custodian for digital assets. The acquisition received the “necessary regulatory approvals” and is now complete. This is a new chapter for Ripple to strengthen its existing product offerings… Read More

June 6, 2024 @ 1:54 pm By Omar Faridi  |  

Copper.Co, an institutional digital asset custodian has partnered with 1Token, a crypto-native investment management system provider based in Singapore and Shanghai. This collaboration is set to significantly “improve operational efficiency and security for institutional clients focused on compliance.” Through this integration, 1Token’s “advanced CAM (Crypto… Read More

May 2, 2024 @ 9:55 pm By Omar Faridi  |  

MAS-regulated custodian Propine has announced its support for Fathom Dollar’s FXD, a stablecoin pegged to the US dollar and designed to bridge the $5 trillion trade finance gap. This development positions FXD at the forefront of real-world assets (RWA), leveraging the power of blockchain to… Read More

April 28, 2024 @ 3:58 pm By Omar Faridi  |  

Custodian Copper.co and “trusted” third party Nemean Services announce that they have upgraded their insurance protection for digital assets in cold storage. Building on the $500m of cover already in place, one of the largest limits in existence, cover has now been extended to include… Read More

November 24, 2023 @ 10:57 am By Omar Faridi  |  

Lunate, a global alternative investment management company with more than $50 billion of assets under management, and BNY Mellon (NYSE:BK), the largest custodian and a leader in wealth management technology are investing in a new company, Alpheya, that “will develop a customized wealth management technology… Read More

September 14, 2023 @ 9:06 pm By Omar Faridi  |  

Zodia Custody, an institution-first digital asset custodian whose shareholders include Standard Chartered, SBI Holdings and Northern Trust, has expanded its presence to Singapore. This makes Zodia Custody the first entity “that is owned by, and partnered with, banks to provide digital asset custody services for… Read More

August 22, 2023 @ 9:14 pm By Omar Faridi  |  

When Hyperion Decimus Founders Chris Sullivan and Matt Rosen launched the quant fund they had one “headache” to solve: mitigating counterparty risk. Self-custody wasn’t secure enough, so they “started the process of carefully vetting potential custodians.” That’s how they reportedly chose BitGo. Sullivan said: “BitGo… 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 21, 2023 @ 9:24 am By Omar Faridi  |  

Archax, the FCA-regulated digital asset exchange, broker, and custodian, today announced that it has successfully gained ISO27001 certification; a testament to its commitment to meeting strict security and compliance standards. This certification is backed by the International Standards Organization (ISO), “providing assurance for all Archax… Read More

July 19, 2023 @ 10:11 pm By Omar Faridi  |  

Alto, a self-directed IRA custodian and platform that enables individuals to invest in alternative assets using their retirement funds, announced its new partnership with crypto exchange Coinbase (NASDAQ:COIN). All Coinbase One members that open an Alto CryptoIRA account “will enjoy a 1% match (up to $100)… Read More

June 7, 2023 @ 10:53 pm By Omar Faridi  |  

Archax, the FCA regulated digital asset exchange, broker, and custodian, today announced the appointment of Ben Zennou as its new Head of Crypto Sales. Reporting into the CRO, Zennou will be “responsible for leading the company’s continued growth in crypto markets, including the establishment of… Read More

May 31, 2023 @ 9:28 pm By Omar Faridi  |  

Rakkar Digital, a Singapore-based company providing digital asset custodian services to institutional and enterprise clients across Southeast Asia and Hong Kong, is pleased to announce the launch of Rakkar Digital Asset Custodian, powered by Fireblocks’ MPC-CMP direct custody technology. The announcement follows “a USD 10… Read More

April 25, 2023 @ 3:27 pm By Omar Faridi  |  

Aegis Trust, which claims to be one of the select few digital asset qualified custodians in the U.S. offering client-centric technology infrastructure and regulatory-compliant solutions, announced that Anthony Botticella has been “appointed as the new President of the company, as well as its global custodian… Read More

March 31, 2023 @ 8:08 am By Omar Faridi  |  

Archax, the FCA-regulated digital asset exchange, broker, and custodian, today announced the launch of its tokenisation engine – “enabling the creation of tokens backed by any regulated or unregulated real-world or traditional asset.” Leveraging the benefits of Web 3.0 and blockchain technology, this new service… Read More

August 22, 2022 @ 8:48 am By Omar Faridi  |  

Copper.co, the provider of digital asset custody, prime services and trading infrastructure to institutions, is reportedly becoming the first digital assets custodian “to support decentralized finance (DeFi) connectivity with Solana, the high-performance public blockchain ecosystem.” The integration with Solana “provides Copper’s customers with the unique… Read More

August 19, 2020 @ 10:07 am By Samantha Hurst  |  

Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, announced on Wednesday it has selected Eventus Systems, a global trade surveillance and risk management software platform provider, to provide trade surveillance solution for its platform. The signing reportedly marks the sixth major exchange in… Read More

March 10, 2020 @ 11:44 pm By Omar Faridi  |  

Cryptocurrency custody firm, First Digital Trust, which has been spun out from Legacy Trust, a Hong Kong-headquartered financial custodian, has secured $3 million in funding. Telegram investor Nogle Capital, a Taiwan-based investment firm, contributed to First Digital Trust’s fundraiser, according to a report from Tech… Read More