Tagged: custody

Societe Generale – FORGE Teams Up with METACO to Expand Institutional Digital Assets Capabilities

Societe Generale – FORGE, a “fully” integrated subsidiary of Societe Generale, providing issuers and investors with end-to-end services to issue, invest and manage digital-native security tokens registered on public blockchains, has selected METACO, a provider of digital asset management technology and infrastructure, “to orchestrate its… Read More

Citi Teams Up with METACO to Develop Institutional Digital Asset Custody Capabilities

Citi (NYSE: C) announced that it has selected METACO to develop and pilot digital asset custody capabilities. This collaboration “brings together METACO’s technology and digital solutions with Citi’s expansive custody network to develop a platform to enable clients to store and settle digital assets seamlessly… Read More

Prime Trust Reports $100 Million Series B

Prime Trust, a custody provider and overall enabler of digital assets, has raised $100 million in Series B funding according to an email from the firm. Investors included FIS, Fin Capital, Mercato Partners, Kraken Ventures, Commerce Ventures, William Blair & Company, Decasonic, University Growth Fund,… Read More

Digital Assets: Copper.co Receives Swiss Regulatory Approval

Copper.co, the provider of institutional digital asset custody and trading solutions, recently announced that it has been approved for membership of the Swiss Financial Services Standard Association (VQF) via Copper’s Swiss entity based in Zug. Copper’s VQF membership “provides assurance to its clients regarding the… Read More

Digital Asset Custody Provider METACO Selected by Derivatives Exchange Mercari

Mercari Derivatives Exchange, a regulated Australian derivatives exchange market operator, has selected Switzerland-based METACO to provide digital asset custody technology. In a company statement, Mercari noted that it is deploying its technology on IBM Cloud leveraging the capabilities of IBM’s digital asset infrastructure. This past… Read More

Prime Trust Gains SOC 2 Type Certification

Prime Trust, a platform that enables both digital and traditional assets including custody, has gained a SOC 2 Type 2 certification for managing customer data, according to a company statement. David Pigott, Prime Trust Chief Security & Risk Officer, said the new certification is further… Read More

CoinList Launches CoinList Digital Asset Services, Hires Former Twitter CISO

CoinList has announced the launch of CoinList Digital Asset Services. CoinList described the business line as a “new chapter ” for the digital asset firm. CoinList is a digital asset issuance ecosystem as well as a trading platform. The company has powered many big crypto… Read More

Prime Trust Founder Building Custodian for NFTs with Fortress Blockchain Technologies

Scott Purcell, the founder of Prime Trust (and Fund America) and former CEO, is moving into the NFT or non-fungible token market, aiming to provide “peace of mind” and security for these digital assets – somewhat similar to what he did for other assets. In… Read More

State Street to Work on Digital Custody Solution with Assistance from Copper.co

State Street Corporation (NYSE: STT) announced that State Street Digital, the company’s dedicated Digital unit, has entered into a licensing agreement with Copper.co, a London-headquartered provider of institutional digital asset custody and trading infrastructure. State Street Digital will “leverage Copper.co’s technology to develop and, subject… Read More

BitPanda Acquires Trustology to Provide Custody, UK FCA Issues Statement on Acquisition

Bitpanda, an Austrian digital asset exchange, has acquired Trustology, according to a statement by Bitpanda. The move aims to bring in-house custody services for digital assets. Bitpanda stated: “We’re thrilled to welcome Trustology to Team Bitpanda! As one of the fastest-growing Fintechs, international expansion and… Read More

UK FCA Approves Genesis as Registered Cryptoasset Business

Genesis Custody Limited has been authorized by the UK Financial Conduct Authority (FCA) as a Registered Cryptoasset Business. Genesis is a digital currency prime brokerage. Genesis Custody provides multi-asset cold storage for full custody of client assets. Genisis states that clients’ private keys are fully… Read More

Former Chancellor of the Exchequer Joins Digital Asset Firm Copper

Copper, an “institutional gateway to digital asset investing,” has added former Chancellor of the Exchequer Philip Hammond to its board of advisors. Lord Hammond is one of only three people to have served continuously in the UK cabinet from 2010 to 2019, serving under Prime Ministers David Cameron… Read More

US Bank to Support Cryptocurrency Custody

US Bank, one of the largest retail banks in the US, is now supporting cryptocurrency custody, according to a statement by the bank. Available via its Global Fund Services clients, the custody offering is designed to provide a safekeeping solution for Bitcoin with additional digital… Read More

Prime Trust Raises $64 Million Series A, Reports Topping $100 Million in Annual Revenue

Prime Trust, an infrastructure Fintech that provides key services to financial services like custody, has raised $64 million at an undisclosed valuation. Simultaneously, Prime Trust said it is currently generating $100 million run rate in annual revenue. The funding round was led by Mercato Partners,… Read More

SIX Swiss Stock Exchange, based in Zurich, has Expanded its Custody Services to US Markets

After the formation of SIX SIS USA Inc. and with the launch of its US-based office, SIX has decided to a take strategic step forward in its global expansion plan. As a trusted Financial Market Infrastructure currently operating the Central Securities Depository (CSD) in Switzerland… Read More

Fintech Prime Trust Receives ISO/IEC 27001:2013 Designation

Prime Trust has received ISO/IEC 27001:2013 designation, certifying that the company meets the financial industry’s most stringent information security management standards. Prime Trust is an infrastructure Fintech that provides compliant services such as custody, settlement and a growing number of APIs to facilitate innovative financial… Read More

Standard Chartered Backed Zodia Now Registered with FCA as Crypto-Asset Firm

Zodia Custody Limited, a crypto-focused firm backed by Standard Chartered, is now registered with the UK Financial Conduct Authority as a regulated crypto-asset firm. Standard Chartered partnered with Northern Trust to launch Zodia. Earlier this month, Zodia announced a new wholesale trading platform for crypto-assets…. Read More

Switzerland: Digital Asset Prime Broker Covario Selects METACO Harmonize for Custody

Covario, a digital asset prime broker, has selected METACO to scale its digital asset custody operations according to a statement from the firm. Covario says that METACO’s Harmonize will coordinate existing vault and sub-custody solutions and provide policy management framework for Covario’s technology solutions. Covario… Read More

Texas Department of Banking OKs Virtual Currency Custody Services

  State-chartered banks in Texas can provide virtual currency custody services if they have the proper safeguards in place, the Texas Department of Banking (TBD) said. Participating banks must have strong risk management protocols while also complying with applicable law An important aspect of the… Read More

Institutional Ethereum (ETH) backed Loans to be Offered by Anchorage Digital via BankProv Partnership

Diogo Mónica, Co-Founder and President at Anchorage Digital, a leading crypto platform for institutional investors, has revealed that they are offering institutional Ethereum-backed loans via Anchorage Financing. Mónica confirmed in a blog post, dated June 3, 2021, that institutional clients at Anchorage now have access… Read More

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