Tagged: custody

April 29, 2022 @ 5:09 pm By JD Alois  |  

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

April 26, 2022 @ 4:59 pm By JD Alois  |  

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

March 10, 2022 @ 3:27 pm By Omar Faridi  |  

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

February 22, 2022 @ 8:52 am By JD Alois  |  

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

December 13, 2021 @ 10:38 am By JD Alois  |  

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

October 11, 2021 @ 9:30 am By JD Alois  |  

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

October 5, 2021 @ 1:20 pm By JD Alois  |  

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

July 28, 2021 @ 11:47 am By JD Alois  |  

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

July 21, 2021 @ 7:39 am By Omar Faridi  |  

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

July 20, 2021 @ 2:35 pm By JD Alois  |  

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

July 19, 2021 @ 11:08 am By JD Alois  |  

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

July 1, 2021 @ 11:11 am By JD Alois  |  

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

June 16, 2021 @ 2:54 pm By Tony Zerucha  |  

  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

June 4, 2021 @ 2:52 pm By Omar Faridi  |  

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

April 7, 2021 @ 12:39 am By Omar Faridi  |  

Hong Kong-headquartered crypto-asset custody service provider Hex Trust reveals that it has secured $6 million in capital via a Series A round that was led by QBN Capital. As part of its latest investment round, Hex Trust also received contributions from Cell Rising, Radiant Tech… Read More

March 1, 2021 @ 10:07 am By JD Alois  |  

At the end of 2020, the Securities and Exchange Commission (SEC) issued a statement on the custody of digital assets by “special purpose broker-dealers.” At that time, the SEC said that they were seeking to “encourage innovation around the application of Securities Exchange Act Rule… Read More

February 19, 2021 @ 11:07 am By Omar Faridi  |  

The IOTA Foundation has teamed up with Curv Custody in order to expand the IOTA Token Ecosystem. The IOTA developers noted that they’re pleased to confirm that the IOTA token will “soon be available” on Curv’s “industrial-grade” digital asset custody platform. With IOTA’s planned Chrysalis… Read More

December 27, 2020 @ 11:42 pm By Samantha Hurst  |  

  BitGo, a digital asset financial services provider, recently announced it has hit $16 billion in digital assets under custody (AUC) milestone. Founded in 2013, BitGo describes itself as the leader in digital asset financial services, providing institutional investors and crypto platforms with liquidity, custody, and… Read More

December 23, 2020 @ 12:00 pm By JD Alois  |  

The Securities and Exchange Commission has issued a statement and request for comment regarding the custody of digital asset securities by broker-dealers. The Commission states that this consultation is in order to encourage innovation around the application of Securities Exchange Act Rule 15c3-3 to digital… Read More

December 7, 2020 @ 9:13 am By JD Alois  |  

Arca Labs, part of Arca a digital asset firm leveraging blockchain for the securities industry, has partnered with multiple digital asset custody providers. The partners include: Anchorage, TokenSoft, Gemini, Ledger, and Komainu. The group of custody firms will also support ArCoin that is backed by… Read More