Crypto Custody

BitGo

BitGo Adds $600M in Insurance Capacity to Comfort Big-Time Bitcoin Holders

Bolstered by a wave of institutional crypto investors, BitGo is in a race against its peers to add insurance coverage.

Business  ·  21 April 2021
Acquisitions

Mike Novogratz’s Galaxy Digital Said to Be in Talks to Buy Crypto Custodian BitGo

A deal between the asset manager and the crypto custodian is close to being finalized, sources tell CoinDesk.

Business  ·  20 April 2021
Anchorage

Crypto Custody Firm Anchorage Adds Support for HEGIC, RAD and RLY

Further proof that centralized custodians can support the decentralized web, said Anchorage co-founder Diogo Mónica.

Business  ·  18 March 2021
Funding Rounds

Fireblocks Raises $133M to Serve More Megabanks With Crypto Custody

The Series C round was led by Coatue – with participation from BNY Mellon.

Business  ·  18 March 2021
Ledger

Ledger Doubles Down on Institutional Crypto With New Business Unit and Hiring Push

Banks used to tell Ledger they wanted to do “blockchain, not bitcoin.” Not anymore.

Business  ·  16 March 2021
BitGo

BitGo Receives NYDFS Approval for New York Trust Charter

The firm plans to offer New York banks crypto custody as a service.

Business  ·  4 March 2021
Acquisitions

PayPal to Buy Crypto Custody Firm Curv: Sources

One source tells CoinDesk that Curv could be sold for as much as $500 million.

Business  ·  2 March 2021
Banking

Anchorage, Newly Cleared as US Crypto Bank, Raises $80M From A16z and Others

The round in the crypto custodian was led by GIC, Singapore’s sovereign wealth fund.

Business  ·  25 February 2021
Goldman Sachs

Goldman Sachs to Enter Crypto Market ‘Soon’ With Custody Play: Source

Goldman, JPMorgan and Citi are all said to be looking at crypto custody.

Business  ·  15 January 2021
Banking

Anchorage Becomes First OCC-Approved National Crypto Bank

The crypto industry has its first federally chartered bank: Anchorage.

Policy & regulation  ·  13 January 2021
SEC

SEC Gives Broker-Dealers Room to Handle Crypto Securities

The SEC's broker-dealer guidance was generally welcomed as a step in the right direction by industry players.

Policy & regulation  ·  23 December 2020
Banking

The Big Banks Positioned to Ride Bitcoin’s Bull Run

Banks joined the crypto conversation as bitcoin marched to $20,000. Here's a list of recent crypto developments in the banking sector.

Business  ·  16 December 2020
Banking

Banca Generali Leads $14M Round in Italian Crypto Custody Firm Conio

Banca Generali, a subsidiary of Italy’s largest insurer, will also help its customers hold bitcoin following the $14 million Series B.

Business  ·  15 December 2020
ING Bank

ING Bank Opens Up About Crypto Custody Solution at Singapore Fintech Event

Speaking at the Singapore Fintech Festival, ING's blockchain lead spoke publicly for the first time about the bank's trials with digital assets.

Business  ·  9 December 2020
BitGo

How BitGo Is Getting Into the Events Business

BitGo has added cap intro services, a kind of marketing activity carried out among hedge fund investors, to its crypto brokerage offering.

Business  ·  8 December 2020