Tagged: custody

Digital Assets: Fintech Firm Ripple Acquires Custody Provider Metaco for $250M

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

Digital Assets: Standard Chartered to Launch Crypto Custody Services in UAE

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

Digital Assets: Sygnum Adds ATOM Custody, Staking, Launches Cosmos Validator Node

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

Self-Custody for Crypto-Assets: Giddy Smart Wallet Secures $6.9M to Support DeFi Adoption

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

CoinFlip, a Fintech Powered by Crypto, Introduces Self-Custody Platform to “Restore Trust” Post FTX, SVB Collapse

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

Financial Recovery Technologies Chosen by BNY Mellon Asset Servicing Unit to Support Settled Class Actions Recovery Program

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

Digital Asset Firm Copper Strengthens Team with New Exec Appointments

Copper.co, a provider of institutional digital asset custody, collateral management and settlement solutions, announced the appointments of Stefano Maestri as Chief Technology Officer, Sam Goh as Chief Financial Officer and Sam Brown as General Counsel. These appointments are effective immediately. Stefano reportedly “has over 25… Read More

Anchorage Digital Bank Explains Why They Use Chromebooks as Their Primary Hardware, OS

Aaron Lint, Security Lead at Anchorage Digital, as well as Prasanna Gautam, Technical Lead, Protocols, among other members of the firm’s professional team have shared key updates. Anchorage Digital notes in a blog post that as a fast-scaling company, their technical staff is core to… Read More

Digital Asset Firm Matrixport Integrates NEAR Protocol with Cactus Custody Institutional Offering

Matrixport, which claims to be one of the world’s largest and trusted digital assets financial services ecosystems, announced that its institutional qualified custodian service, Cactus Custody, has integrated with NEAR Protocol, a Layer 1 blockchain ecosystem. The partnership “enables seamless support of the NEAR Protocol… Read More

DZ Bank to Utilize Metaco’s Digital Asset Platform

DZ Bank, a Bafin-regulated financial institution, has chosen Metaco to power its digital asset custody solution. DZ Bank is the central institution of the Volksbanken Raiffeisenbanken cooperative financial network. As a central institution, DZ Bank provides various services, particularly asset management services, being one of… Read More

Digital Assets: Cobo, Coincover to Provide Disaster Recovery

Coincover, the digital asset protection company, announces a new partnership with Cobo, which claims to be the largest digital asset custodian and blockchain infrastructure provider in the Asia Pacific (APAC) region. This news comes shortly after Coincover’s recent successful $30 million funding round. Cobo explains… Read More

Digital Assets: Gate.io Now Fully Integrated with Copper’s ClearLoop Network

Gate.io is now fully integrated with Copper.co’s ClearLoop solution. This integration will “serve as a mutual benefit to both parties, as institutional clients can utilize Copper.co’s technology to deploy capital on the exchange and trade immediately, while also maintaining independent custody of their funds with… Read More

Vaultavo Introduces Biometric Smart Card Based Crypto Custody Solution

Vaultavo Inc. has developed a patent-pending crypto custody solution “to address the security requirements of the institutional market and its clients.” The Vaultavo Custody Solution “combines the world’s first biometric digital asset custody smart card with state-of-the-art proprietary vaults and secure SaaS digital platform and… Read More

SEC Is Reportedly Investigating Whether Registered Investment Advisors are Following Rules for Crypto Custody

US securities regulators are looking into the operations of investment advisers over crypto-asset custody. The US Securities and Exchange Commission (SEC) is examining the activities of registered investment advisers over whether they’re following applicable guidelines around custody of customer digital assets. This, according to sources… Read More

Digital Asset Protection Tech Firm Coincover Teams Up with Fireblocks

Coincover, which claims to be the leading digital asset protection technology company, announces a new partnership with Fireblocks, an easy-to-use platform “to create innovative products on the blockchain and manage day-to-day crypto operations.” The partnership provides Fireblocks customers “with a secure alternative for key backup… Read More

FNZ Completes Acquisition of Germany’s Fondsdepot Bank

FNZ, the global wealth management platform, is pleased to announce the acquisition of Fondsdepot Bank, one of the leading independent platforms for trading and custody in Germany. The acquisition represents “a further investment by FNZ in the German market and will bring together the complementary… Read More

Institutional Investment in Digital Assets Creates Requirement for Enterprise-Grade Self-Custody Solutions: Report

As Chainalysis discussed recently, the collapse of FTX and resulting market action prompted large net outflows “from centralized exchanges, as many users shifted their funds to personal wallets, also commonly referred to as ‘unhosted wallets’.” Chainalysis found that while the trend wasn’t “as pronounced as… Read More

ChainUp Leverages MPC to Provide “Secure” Digital Asset Custody Solutions

Amidst recent escalating concerns over digital asset security, global blockchain solutions provider ChainUp Group announced that it is “utilizing the multi-party computation (MPC) technology as part of a multi-layered security architecture to ensure the highest security standards of its digital asset custody solutions.” The multi-layered… Read More

Copper.co, Aon Announce $500M of Digital Asset Cold Storage Insurance Cover

Copper.co, provider of institutional digital asset custody and trading solutions, announces  that it “has $500m of insurance for digital assets in cold storage.” Cover has been “arranged by global professional services firm Aon (NYSE: AON), using a panel of insurers led by Canopius, a global… Read More

Evmos Teams Up Anchorage Digital for Institutional Custody, Staking Services

Evmos, the port-of-entry from Ethereum to Cosmos, launched its partnership with Anchorage Digital in order “to offer institutions secure custody and staking of EVMOS, the native token of the platform.” As Evmos continues to attract builders to deploy dApps on its cross-ecosystem interoperability platform, institutions… Read More

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