Prime Trust

Prime Trust Raises $64M to Scale Fintech Infrastructure Biz

The crypto custody firm is planning an “aggressive” hiring campaign to extend its reach into the world of fintech.

Business  ·  28 July 2021

Jack Mallers’ Strike Rolls Out Bitcoin Buys, Going Head-to-Head With Coinbase

“Your move, Brian Armstrong, come play basketball in my court,” says Strike’s CEO.

Business  ·  1 July 2021
Crypto Lending

Custodian Prime Trust Cuts Ties With Crypto Lender Celsius

A source familiar with the situation said Prime Trust’s risk team was concerned about Celsius’ strategy of “endlessly re-hypothecating assets.”

Business  ·  24 June 2021
Stablecoins

Dapper Labs Unveils Flow-Native Stablecoin, FUSD, With Other ERC-20-Like Tokens to Follow

The maker of NBA Top Shot is deploying new tools for developers to launch tokens on the Flow blockchain.

Business  ·  10 June 2021
CoinFlash

Prime Trust, tZERO Partner on Digital Asset Custody, Trading

The integration will enable Prime Trust to manage the custody of digital securities and cryptocurrencies for its customers using tZERO for trading.

Business  ·  28 January 2021
Banking

Prime Trust to Arrange Banking for Customers of BlockQuake Crypto Exchange

The exchange will use Prime Trust for compliance checks as well as custody for fiat and cold storage for crypto.

Business  ·  7 February 2020
Banking

Rivals Signature Bank and Prime Trust Team to Offer Instant Payments for Institutions

Crypto banking rivals Prime Trust and Signature Bank have partnered to offer "real-time" settlements for institutional digital asset trades.

Business  ·  6 January 2020
News

Prime Trust Launches Instant Settlement Network for Crypto-Fiat Trades

Nevada-based Prime Trust has launched a real-time settlement service for crypto and fiat transfers among clients.

Markets  ·  30 July 2019
Exchanges

OKCoin Exchange Invests in Crypto Custody Firm Prime Trust

Cryptocurrency exchange OKCoin has invested an undisclosed amount in crypto custody provider Prime Trust.

Business  ·  18 April 2019
Exchanges

East to West: Huobi Launches US Dollar Gateway for Global Crypto Traders

Crypto exchange Huobi is launching its first crypto-to-fiat trading pairs and looking to add more U.S.-based financial services.

Business  ·  5 February 2019
Fees

Prime Trust Undercuts Rivals in Crypto Custody Race

Prime Trust has eliminated its fees for storing digital assets such as BTC, ETH and XLM, in a move the custodian called an industry first.

Business  ·  31 January 2019
BitGo

Genesis, BitGo Team Up to Ease Crypto Trading for Institutions

BitGo and Genesis Global Trading are targeting Wall Street institutions with a new high-speed crypto trading service.

Business  ·  16 January 2019
Regulation

Prime Trust Enters Crypto Custody Race, Will Hold ‘Any’ Ethereum Token

Prime Trust, a Nevada trust company, says it can handle custody for bitcoin, ether and any token issued on ethereum under the ERC-20 standard.

Policy & regulation  ·  15 August 2018