Custody

Banking

This Crypto Custody Breakthrough Will Bring Banks Closer to Digital Assets

Shard X is claiming to be the first company to successfully run multi-party computation (MPC) on hardware security modules (HSMs).

Business  ·  13 November 2020
BitGo

Hong Kong’s Amber Group Picks BitGo Trust in Quest for Institutional Investors

BitGo’s status as a qualified custodian should draw more high-net-worth investors to Amber from places like Hong Kong, Taiwan and Seoul.

Business  ·  10 November 2020
Custody

Sygnum Bank Now Stores Digital Assets With Taurus Group

Taurus Group has taken on licensed Swiss bank Sygnum as the latest client for its digital asset custody services.

Business  ·  6 November 2020
CoinFlash

Franklin Templeton Joins Series A Round for Crypto Custodian Curv

Franklin Templeton previously tapped Curv to help safeguard its fund by building a transaction signing and management system.

Business  ·  22 October 2020
Banking

Eyeing EU Banks, Hex Trust Teams With SIA on Crypto Custody

A multinational payments firm is partnering with cryptocurrency custodian Hex Trust to help its European banking clients hold digital assets.

Business  ·  22 October 2020
Japan

BitFlyer Japan’s Assets Under Custody Reach Highest Point Since 2018

A new report from bitFlyer Japan states the exchange is now custodying more than 161.8 billion yen ($1.5 billion) on behalf of its clients, a two-year record for the company.

Business  ·  8 October 2020
Banking

The OCC’s Crypto Custody Letter Was Years in the Making

The Office of the Comptroller of the Currency has been evaluating the cryptocurrency space for years, well before it publicly announced banks could provide services in the field last month.

Policy & regulation  ·  18 August 2020
CoinFlash

Anchorage Is Streamlining Custody of Tokensoft’s ERC-1404 Security Tokens

The new partnership will add direct custodial support for Arcoin and INX, the upcoming INX Limited security token.

News  ·  13 August 2020
CoinFlash

BnkToTheFuture Steps Away From Banks Citing Mounting Risk to Clients’ Assets

The online investment platform is moving clients' crypto and fiat assets to a Hong Kong-based trust company.

Business  ·  5 August 2020
Banks

Banks Won’t Rush to Hold Crypto – But OCC’s Regulatory Approval Makes It Harder to Ignore

Regulatory approval doesn't mean banks are about to begin providing crypto custody, but it is accelerating a conversation about financial institutions safeguarding bitcoin.

Policy & regulation  ·  24 July 2020
Banking

Wyoming-Based Avanti to Open in October With a New Bank-Issued Digital Asset

Wyoming's crypto-friendly Avanti Financial expects to open its doors this October with a new bank-issued digital asset, the Avit.

Business  ·  23 July 2020
Binance

Binance Enters German Market via Partnership With Crypto Investment Firm

Binance has partnered with licensed German investment firm CM-Equity to offer crypto asset management and brokerage services in Germany and Europe.

News  ·  23 July 2020
Banks

Banks in US Can Now Offer Crypto Custody Services, Regulator Says

U.S. regulators have cleared the way for national banks to provide cryptocurrency custody services on behalf of customers.

Policy & regulation  ·  22 July 2020
Custody

Standard Chartered to Launch Institutional Crypto Custody Solution

The head of Standard Chartered's venture arm said the crypto custody solution could launch into test phase sometime later this year.

Business  ·  20 July 2020
DeFi

Crypto Custodian Curv Is Helping Institutions Dabble in DeFi With Compound Integration

Custody startup Curv is using Compound, the leading lending protocol in DeFi, to help institutions earn interest on idle crypto.

Business  ·  16 July 2020