Custody

NYDFS

Fidelity Exec Predicts Crypto Custodians Will White-Label Their Services

Fidelity Digital Assets envisions a future where custodians work behind the scenes to store cryptocurrency for other firms’ clients, an exec said.

Business  ·  19 December 2019
Cryptocurrency

German Bank Launches Digital Assets Unit to Offer Custody Products

Berlin-based solarisBank has opened a subsidiary to offer a white-labeled custody product to nonbanks interested in offering crypto products.

Business  ·  13 December 2019
ConsenSys

Crypto Custody Firm Trustology Cuts Staff as Banks Delay on Digital Assets

Digital asset custody firm Trustology has cut seven of its 18 staffers as the big banks it courted are taking longer than expected to jump into crypto.

Business  ·  12 December 2019
Banking

Dutch Bank ING Reportedly Working on Crypto Custody Tech

Netherlands-based banking multinational ING is developing technology for the custody of crypto assets, according to Reuters sources.

Business  ·  12 December 2019
Custody

Bakkt, Fidelity Will Store Galaxy Digital’s New Bitcoin Fund Holdings

Galaxy Digital is tapping Bakkt and Fidelity Digital Assets to store the bitcoin for its two new funds.

Business  ·  19 November 2019
Exchanges

Bakkt Expands Bitcoin Custody Service Beyond Futures Trading Clients

The ICE subsidiary plans to open up its bitcoin "warehouse" following approval from New York's financial watchdog.

Markets  ·  11 November 2019
Bitcoin

Casa Is Helping Bitcoin Investors Pass on Their Holdings When They Die

The bitcoin custody provider has launched a new service to help holders ensure their assets are passed to loved ones in the event of their death.

Markets  ·  22 October 2019
Insurance

In Rare Deal, Crypto Custodian Wins Insurance on Full Value of Client Assets

Marsh & McLennan, the world’s largest insurance broker, has arranged unusually generous insurance for new crypto custodian KNØX.

Policy & regulation  ·  24 September 2019
Banks

Arab Bank’s Swiss Arm Is Launching Cryptocurrency Services

The Swiss branch of one of the top financial institutions in the Middle East is launching a suite of cryptocurrency-based services.

Business  ·  19 September 2019
Venture Capital

Legacy Trust to Launch Independent Crypto Custody Business

Hong Kong-based Legacy Trust is spinning out a new business focused entirely on institutional-grade cryptocurrency custody solutions.

Business  ·  11 September 2019
Regulation

The Crypto Custody Conundrum: What Are We Even Talking About?

New tech usually struggles with vocabulary, says Noelle Acheson. With bitcoin, the confusion rubs off integral concepts in securities legislation.

Markets  ·  31 August 2019
Custody

Bitcoin Escrow Firm Bilked Investors for $7 Million, DOJ Says

U.S. prosecutors have charged the head of a bitcoin escrow company with defrauding investors for $7 million. 

Markets  ·  25 July 2019
Security

Korea’s Biggest Bank Is Preparing to Custody Digital Assets

KB Kookmin, the largest bank in South Korea, is partnering with a blockchain startup to launch a digital asset custody offering.

Policy & regulation  ·  11 June 2019
Custody

Ledger and Nomura’s Crypto Custody Launch May Be Delayed to 2020

Ledger's crypto custody venture with Japanese bank Nomura may take longer than expected to launch, the startup's president said.

Business  ·  18 April 2019
Exchanges

Hold-It-Yourself Crypto Exchange LGO to Roll Out Hardware Wallet in Q2

Non-custodial exchange LGO Markets has built its own hardware storage device and will also offer multi-signature wallets through BitGo.

Policy & regulation  ·  9 April 2019