Thailand has been significantly increasing its regulation of crypto.
Anchorage Digital said it will also provide “such activities as accounting, customer management, audit compliance and managing blockchain forks.”
As part of the termination, Olympia ended an agreement it announced in April to use Knox Capital's bitcoin custody system.
The Swiss digital asset bank will follow up with a suite of services for ICP including loans, spot trading and options trading.
Firm hopes FCA approval will make it more attractive for institutional investors.
This comes as part of a PolySign's $53 million Series B funding round that Cowen led.
The custodian’s bank charter allows it to hold digital assets for broker-dealers and their clients, said Anchorage CEO Nathan McCauley.
The crypto exchange's new CEO also said he aims to repair relationships with regulators.
With NFT collectibles now fetching prices in the millions of dollars, the firm said owners need a custody service.
The latest OCC statement, which opens the door for banks to use blockchains to validate payments, hints at more than just better services.
An innovative region far from the center of financial power is taking meaningful steps towards reforming finance from the edges.
The cryptocurrency-focused arm of financial services giant Fidelity Investments is expanding its custody service through Singapore-based Stack Funds.
Under the partnership, Anchorage will provide crypto custody services to Jewel, which is applying for its full bank license in Bermuda.
Gemini will offer custody on .crypto domains from Unstoppable Domains, which are based on non-fungible tokens much like cryptocurrencies.
The U.S.-based crypto custody provider has added support for litecoin, the eighth-largest cryptocurrency by market capitalization.