Tagged: digital assets

Ripple Custody to Be Integrated By Futureverse to Enable Secure Custody of Digital Assets

Ripple and Futureverse, an AI and metaverse technology and content company, have announced plans “to integrate Ripple Custody to enable Futureverse to securely custody its digital assets.” Futureverse will enable “secure, compliant Know Your Customer (KYC) verified access to DeFi via its self-developed Ottó blockchain.” Futureverse… Read More

Avaloq Introduces Digital Assets Platform at Zürcher Kantonalbank

Avaloq has launched a digital asset platform at Zürcher Kantonalbank. Avaloq states that it has successfully integrated its digital asset platform “at one of Switzerland’s leading banks, Zürcher Kantonalbank (ZKB), in partnership with Fireblocks.” The bank’s new offering addresses growing market demand “for trading and… Read More

Stablecoin Issuer Tether and Reku to Help Indonesians with Better Understanding Digital Assets and Blockchain Technology

Tether Operations Limited, which claims to be one of the largest companies in the digital asset industry, and Reku, a crypto exchange platform, are pleased to announce a strategic collaboration to broaden Indonesians’ understanding of crypto assets and blockchain technology. This initiative will be executed… Read More

Fintech Ripple Welcomes Yonsei University in South Korea to a Blockchain Research Initiative Program

Ripple, the provider of digital asset infrastructure, announced that Yonsei University in South Korea is the latest partner to join its University Blockchain Research Initiative (UBRI) program. This new partnership with one of South Korea’s academic institutions “marks Ripple’s 58th UBRI partnership globally, and its… Read More

BitGo Approved as Custodian Under SIX Exchange Regulation Crypto-Asset Rule

BitGo are pleased to announce that their firm has been approved as a custodian under the new SIX Exchange Regulation Crypto-Asset Rule. This approval marks another milestone in BitGo’s mission “to make secure, regulated custody available for clients around the world.” BitGo Europe provides regulated… Read More

Anchorage Digital Announces Custody Support for Bitcoin L2 Stacks

Anchorage Digital, home to the only federally chartered digital asset bank in the US, has announced its custody support for Stacks, a Bitcoin Layer 2 solution. Stacks is the first Bitcoin L2 supported by Anchorage Digital, “marking a significant step for institutional involvement in the… Read More

Qatar Financial Centre Introduces Latest QFC Digital Assets Framework

In line with the Third Financial Sector Strategy issued by Qatar Central Bank, the Qatar Financial Centre Authority (QFCA) and Qatar Financial Centre Regulatory Authority (QFCRA) have announced the launch of the QFC Digital Assets Framework, a comprehensive and innovative regime for the creation and… Read More

Crypto.com Teams Up with Standard Chartered to Expand Global Fiat Services

Crypto.com announced the launch of global retail services, including the ability to provide seamless deposit and withdrawal facilities for millions of retail users of the Crypto.com App from over 90 countries, vastly improving the efficiency and utility of customers’ crypto journeys. Crypto.com’s global retail services… Read More

Custodia Bank Announces Layoffs as Regulatory Challenges Lead to Uncertainty for Crypto Firms

Photo courtesy notionscapital on Flickr

The Biden administration’s regulatory approach towards crypto-assets has led to considerable restructuring at a relatively small, yet somewhat prominent digital assets bank. FOX Business has revealed that Custodia Bank, a Wyoming based financial institution that provides various banking services to crypto firms, said  Thursday that… Read More

Digital Assets May Become New Alternative for Institutional Investors – Research Report

OKX Global Chief Commercial Officer Lennix Lai is pleased to share the release of their new research brief, “Digital assets as the new alternative for institutional investors: market dynamics, opportunities and challenges,” commissioned by OKX Institutional and authored by Economist Impact. This comprehensive study features… Read More

Digital Assets and Web3 Service Provider Hex Trust Announces Launch of Staking Partner Program

Hex Trust, a provider of digital asset solutions for institutional finance and the Web3 ecosystem, has announced the launch of its inaugural Staking Partner Program. This initiative will feature four infrastructure partners: Chorus One, Kiln, Luganodes and Twinstake. Hex Trust clients will be “able to… Read More

CoinMENA and Bitpanda to Enhance Trading Efficiency, Expand Digital Assets Offering in MENA Region

Bitpanda‘s latest partner, CoinMENA, is a crypto broker in the Middle East. Through their partnership with Bitpanda Technology Solutions (BTS), CoinMENA will enhance trading efficiency on their platform and “expand the range of crypto assets available to its users.” When fully implemented, CoinMENA will have… Read More

OKX Releases Latest Proof of Reserves Report: $19.8 Billion in Primary Assets Backing User Funds

Digital assets firm OKX has released their 22nd consecutive Proof of Reserves (PoR) report, which confirms USD19.8 billion in primary assets backing customer funds. To date, more than 1.8 million customers have reportedly “viewed and used their PoR tool to confirm their assets are backed… Read More

Tether Reportedly Assists DOJ in Criminal Investigation, Victim Recovery

Tether, which claims to be among the largest companies in the digital asset industry, reaffirms its commitment to combat illicit activities, “stop illegal use of stablecoin technology, and provide support to victims through its assistance to, and support of, law enforcement agencies globally.” As the… Read More

Digital Assets: Pier Two Staking Services to Be Integrated into BitGo Platform

BitGo and Pier Two are pleased to announce that, effective immediately, Pier Two’s staking services will be natively integrated into BitGo’s platform, and accessible by BitGo’s global institutional customers. The coming together of BitGo’s globally regulated custody, financial services, and core infrastructure and Pier Two’s… Read More

Fintech Zumo Signs Abu Dhabi Sustainable Finance Declaration, Reinforcing Commitment to Greener Financial Services

Zumo, the B2B digital assets infrastructure, has signed the Abu Dhabi Sustainable Finance Declaration, reinforcing its commitment to a greener financial services industry as it extends its reach further into the region. The Abu Dhabi Sustainable Finance Declaration “is a voluntary membership-based initiative launched by… Read More

Tokenization: Superstate Industry Council Announces Induction of Second Cohort of Institutions

Superstate Industry Council is welcoming the second cohort of institutions. This diverse group of institutions joins them in “shaping Superstate’s product roadmap and driving the adoption of tokenization within traditional financial services and capital markets.” Since the council’s inception in March 2024, dozens of organizations… Read More

Sygnum Reportedly Issues $50M Bitcoin (BTC) backed Syndicated Loan to Ledn

Sygnum, a global digital asset banking group with ~$4.5 billion in client assets, has issued the industry-first syndicated loan backed by Bitcoin (BTC) to premier crypto lender Ledn, which will be used to fund the growth of Ledn’s retail lending operations. Syndicated among Sygnum’s institutional… Read More

Tether and UAE’s Phoenix Group to Develop AED-Pegged Stablecoin

Tether, which claims to be one of the largest companies in the digital asset industry, announced plans for the addition of a new stablecoin that is pegged to the United Arab Emirates Dirham (AED). Set to be launched in collaboration with UAE’s multi-billion dollar tech… Read More

Digital Assets: Mina Ecosystem Adds Copper as Institutional Custodian

Copper.co, a firm focused on digital asset custody, collateral management and prime services, has added custody and staking support for MINA, the native currency of Mina Protocol, a next-gen zero knowledge (ZK) blockchain. This integration expands options “for institutional clientele to participate in the Mina… Read More

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