Tagged: custody

June 24, 2024 @ 8:51 am By JD Alois  |  

Tauras, a digital asset firm currently serving big names like Santander, Credit Suisse, and Deutsche Bank, says it has added the Stellar Network to its custody offerings. Taurus custody service is named Taurus Protect. The company also provides tokenization services. Stellar is a popular public… Read More

June 22, 2024 @ 10:21 am By Omar Faridi  |  

BitGo is pleased to announce support for W, which is the native ERC-20 governance token for Wormhole. BitGo explains that clients can now “custody W in Hot, Custodial, and Self-Managed Cold wallets.” As noted in a blog post from BitGo, Wormhole is an interoperability platform… Read More

June 20, 2024 @ 8:25 am By Omar Faridi  |  

Gemini is serving as the custodian for a “landmark” ether staking ETF fund launched recently by Purpose Investments, following the development of custom custody infrastructure that will enable third-party staking from Gemini Custody. The fund, Purpose Ether Staking Corp. ETF (“ETHC.B”), is said to be… Read More

June 17, 2024 @ 8:24 am By Omar Faridi  |  

Digital assets firm Gemini are pleased to announce that they’re providing bitcoin custody for a spot bitcoin ETF listed June 4 by Monochrome Asset Management, an Australia-based investment manager that offers access to crypto assets through traditional financial markets. Monochrome Bitcoin ETF (Ticker: IBTC) is… Read More

May 31, 2024 @ 2:14 pm By Omar Faridi  |  

Zodia Custody, an institution-first digital asset custodian whose shareholders include Standard Chartered, SBI Holdings, and Northern Trust, has partnered with Forteus Investment Management, the investment advisory business of the Numeus Group, and backed by Schroders, to provide secure custody and staking solutions. Forteus’ Digital Asset… Read More

May 22, 2024 @ 3:35 pm By JD Alois  |  

House Financial Services Committee Chairman Patrick McHenry, along with Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill, and Oversight and Investigations Subcommittee Chairman Bill Huizenga, have joined to ask the Securities and Exchange Commission to provide information on Prometheum’s move to provide custody… Read More

May 17, 2024 @ 10:06 am By JD Alois  |  

io.finnet has launched a new digital asset custody solution catering to institutions. The company says that “”io.vault” has signed up several institutional players including Ibanera and Evo Exchange. io.vault aims to support clients in the OTC sector, DeFi platforms, crypto exchanges, active trading funds, and… Read More

May 16, 2024 @ 10:37 pm By Omar Faridi  |  

Institutional crypto platform Anchorage Digital has announced support for native DYDX staking. Now, institutions can stake DYDX from safe and secure custody “at Anchorage Digital and earn staking rewards distributed by the protocol in USDC.” As home to the only federally chartered digital asset bank,… Read More

May 5, 2024 @ 8:51 pm By Omar Faridi  |  

BitGo, the custody and wallet solutions provider for digital assets, hires Brett Reeves for BitGo’s expansion in Europe. Brett brings 20+ years of experience in traditional finance to BitGo, “including work for various global investment banks within their Prime Brokerage and OTC Clearing sales teams.”… Read More

May 1, 2024 @ 10:15 am By JD Alois  |  

Anchorage Digital Bank will be providing a custody solution for Arca Labs regarding digital securities or tokenized T-Bills. Arca launched a digitized US Treasury fund and is the first firm to be registered under the 40 Act to issue tokenized T-bills, which are called “ArCoin.”… Read More

April 25, 2024 @ 4:05 pm By Omar Faridi  |  

BitGo says it is changing from default wrapped segwit (P2SH-P2WSH) receive addresses to native segwit (P2WSH), which “require 25% less data to spend — translating to lower fees.” Since the beginning, BitGo has supported “both native segwit and wrapped segwit Bitcoin addresses.” However, many clients… Read More

April 8, 2024 @ 11:11 am By Omar Faridi  |  

Bitget, the crypto exchange and web3 company, has partnered with Cactus Custody, a subsidiary of Matrixport, to offer Oasis fund custody services and off-exchange settlement services. The collaboration minimizes counterparty risks associated “with exchange trading and provides an effective tool for capital efficiency management, better… Read More

March 29, 2024 @ 8:17 am By Omar Faridi  |  

Eaglebrook, a digital asset investment platform that provides registered investment advisors (RIAs) with direct access to bitcoin and other digital assets, announces the launch of the Franklin Templeton Digital Asset Dynamic BTC/ETH separately managed account (SMA) strategy. This strategy, which is specifically designed for RIAs… Read More

March 18, 2024 @ 8:33 am By Omar Faridi  |  

Archax, the FCA regulated exchange, broker, and custodian for digital assets, announced a strategic partnership with Talos, the institutional crypto trading platform. Through this partnership, Archax says that it will “leverage it’s FCA cryptoasset registration combined with the market-leading capabilities of the Talos platform to… Read More

March 7, 2024 @ 9:06 am By JD Alois  |  

Enterprise digital asset platform FireBlocks says it will begin onboarding “thousands” of new retail customers as well as institutional firms. The company predicted this would be accomplished due to the new hire of CMO Michal Ferguson. Michael Shaulov, CEO of Fireblocks, says the innovations over… Read More

February 26, 2024 @ 11:52 am By Omar Faridi  |  

Balance, Canada’s digital asset custodian, is pleased to announce that it has once again surpassed $2B worth of assets under custody (AUC). Balance’s CEO, George Bordianu said: “Our focus since day one has been to build a world-class custodian for companies working with digital assets…. Read More

February 8, 2024 @ 9:56 pm By Omar Faridi  |  

Copper, an institutional digital asset infrastructure provider, has joined forces with Hashnote, the on-chain first digital asset manager, built with the support of Cumberland and DRW, and will be providing custody support for Hashnote’s USYC on the Copper platform. USYC, a Hashnote Short Duration Yield… Read More

February 6, 2024 @ 8:04 pm By Omar Faridi  |  

CLST, a full-service institutional lending and borrowing platform, has partnered with institutional digital asset infrastructure provider Copper. This alliance resulted in the joint development of Copper Pledge, “a deployable tri-party collateral management solution for digital asset markets.” This partnership provides digital asset lenders “with much-needed… Read More

February 5, 2024 @ 10:59 pm By Omar Faridi  |  

Digital asset financial instruments require regulated custodians to secure the underlying assets. BitGo’s support underscores the growing industry-wide call “for institutional-grade custody-first solutions.” BitGo has been a long-time collaborator with Valkyrie Investments, a global crypto-focused asset manager with $220 million in AUM. BitGo is the… Read More

January 24, 2024 @ 9:53 am By JD Alois  |  

Anchorage Digital Bank has announced a partnership with Onramp Invest to offer regulated crypto products to financial advisors. Onramp is part of Securitize – a top US-based tokenization firm. Anchorage is the only federally chartered digital asset bank that offers custody which has focused on… Read More