Tagged: digital assets

September 9, 2024 @ 8:18 am By Omar Faridi  |  

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

September 8, 2024 @ 6:06 pm By Omar Faridi  |  

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

September 5, 2024 @ 12:05 pm By Omar Faridi  |  

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

September 5, 2024 @ 11:12 am By Omar Faridi  |  

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

September 5, 2024 @ 8:25 am By Omar Faridi  |  

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

September 5, 2024 @ 7:03 am By Omar Faridi  |  

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

September 2, 2024 @ 1:51 pm By Omar Faridi  |  

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

September 1, 2024 @ 2:51 pm By Omar Faridi  |  

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

August 30, 2024 @ 2:13 pm By Omar Faridi  |  

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

August 29, 2024 @ 8:36 am By Omar Faridi  |  

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

August 27, 2024 @ 12:15 pm By Omar Faridi  |  

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

August 27, 2024 @ 8:32 am By Omar Faridi  |  

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

August 27, 2024 @ 8:31 am By Omar Faridi  |  

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

August 26, 2024 @ 7:09 pm By Omar Faridi  |  

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

August 26, 2024 @ 8:31 am By Omar Faridi  |  

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

August 24, 2024 @ 10:48 pm By Omar Faridi  |  

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

August 24, 2024 @ 11:51 am By Omar Faridi  |  

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

August 24, 2024 @ 8:44 am By Omar Faridi  |  

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

August 23, 2024 @ 11:15 am By Omar Faridi  |  

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

August 22, 2024 @ 9:15 pm By Omar Faridi  |  

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