Why US Government Yanked BitGo’s Contract and Gave It to Anchorage

A tale of crypto rivalry, multimillion-dollar contracts, and bureaucratic definitions of “small business.”

Policy & regulation  ·  5 August 2021

Gemini to Custody Filecoin Fund of Australian Equities Manager to Further Asia Expansion

The fund seeks to raise A$25 million ($18.4 million) over a three-month period, promising clients a 100% FIL return over five years.

News  ·  4 August 2021
Funding Rounds

Crypto Custody Firm Fireblocks Raises $310M at $2B Valuation

“It was very important for us to show the customers that we have the balance sheet and valuation to stay independent.”

Business  ·  27 July 2021

Square to Build Bitcoin Hardware Wallet

“We’re doing it,” tweeted Jack Dorsey, the fintech’s CEO.

News  ·  8 July 2021

Anchorage Adds Custody and Staking for Dapper Labs’ FLOW Token

Anchorage President Diogo Monica said the token was added following “massive demand” from its institutional clients.

Business  ·  22 June 2021

BitMEX Hires Former JPMorgan Executive Director as Head of Custody

BitMEX said the appointment forms part of the firm's "beyond derivatives" strategy.

News  ·  17 June 2021

State Street Bank Launches Cryptocurrency Division

State Street says it plans to evolve into a “multi-asset platform” to support cryptocurrency trading and more.

Business  ·  10 June 2021

DBS Launches Bank-Backed Crypto Trust Service in Asia First

The bank becomes the first in Asia to offer crypto trust services providing custody and trading.

News  ·  14 May 2021

Citi Considering Crypto Services Amid Surge in Interest: Report

Trading, custody and financing are all said to be under consideration by the U.S. banking giant.

Business  ·  7 May 2021

BitMEX to Offer Custody, Spot Trading to Expand Beyond Crypto Derivatives

Derivatives are to remain at "the heart" of BitMEX's business, however.

News  ·  22 April 2021

Swiss Custody Firm METACO Primed to Offer DeFi to Banks

A first wave of private banks is looking for exposure to DeFi and staking, but with an easy user interface.

Business  ·  13 April 2021

IBM Ventures Further Into Crypto Custody With METACO, Deutsche Bank Tie-Ups

Big Blue wading deeper into these waters speaks to a broader change in the posture of corporates toward public blockchains.

Business  ·  25 March 2021

Next Step for Institutional DeFi? Institutional NFTs

Ethereum-friendly custody firm Trustology is now supporting NFTs for lending and collateralizing.

Business  ·  9 March 2021

German Private Bank to Offer Cryptocurrency Services

The private bank is also investigating tokenization of assets, it announced Sunday.

Business  ·  8 March 2021

Goldman Digital Asset Lead Sees Mergers Ahead for Crypto Infrastructure Providers

As institutional appetite for bitcoin grows, "incumbent banks" will look for ways to satisfy that demand, a Goldman Sachs industry lead says.

News  ·  7 March 2021