custody

Crypto Custodian Copper Aims to Bridge Gap Between DeFi and Traditional Finance With New Tool

Crypto custodian Copper is looking to connect institutions to the emergent world of decentralized finance (DeFi) with a newly unveiled product.  Announced Friday, CopperConnect is a bridge between Copper’s existing storage services and DeFi apps. In a press release for the new tool, Copper claims DeFi risks have been decreasing, making the speculative field more …

Crypto Custodian Copper Aims to Bridge Gap Between DeFi and Traditional Finance With New Tool Read More »

Coinbase Has Raked in $14B in New Institutional Assets Since April

Coinbase has seen a $14 billion increase in institutional assets under custody since April, its head of institutional coverage at Coinbase said in a YouTube interview published on Friday. Brett Tejpaul told interviewer Eliisabetta Bartolini, partner at Heidrick & Struggles, that institutional assets under custody were $6 billion when he joined the firm in April …

Coinbase Has Raked in $14B in New Institutional Assets Since April Read More »

Custodian Anchorage Seeks Charter From Crypto-Friendly US Bank Regulator OCC

The cryptocurrency and banking worlds continue to draw closer together with digital asset custodian Anchorage seeking a national charter from the U.S. Office of the Comptroller of the Currency. The startup’s trust company unit, based in South Dakota, has applied to the OCC to convert to a national bank, according to a notice dated Nov. …

Custodian Anchorage Seeks Charter From Crypto-Friendly US Bank Regulator OCC Read More »

This Crypto Custody Breakthrough Will Bring Banks Closer to Digital Assets

Stealth-mode crypto custody specialist Shard X has claimed a breakthrough, being the first company to successfully run math-heavy, multi-party computation (MPC) on hardware security modules (HSMs). So why does this alphabet soup of security tech matter?  In summary, HSMs are a battle-tested way to store private keys, particularly popular in consumer products like Ledger and …

This Crypto Custody Breakthrough Will Bring Banks Closer to Digital Assets Read More »

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

Crypto market maker Amber Group will service its clientele of institutional traders with the help of BitGo Trust, the custodial arm of the Palo Alto-based security firm. BitGo’s status as a qualified custodian should draw more high-net-worth investors to Amber from places like Hong Kong, Taiwan and Seoul, the companies said. The Hong Kong-based market …

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

Swiss Bank Sygnum Begins Storing Crypto With Taurus Group, Launches Staking Service

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/398295″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/lottery_euro_1456x360_bch.jpg” alt width=”1456″ height=”360″></a></div><strong>The Switzerland-based bank Sygnum has announced this week that the fintech firm is now storing digital assets with the company Taurus Group. On Friday, the bank also revealed that the FINMA-approved firm’s clientele can purchase and stake <a …

Swiss Bank Sygnum Begins Storing Crypto With Taurus Group, Launches Staking Service Read More »

Fidelity Investments’ Digital Asset Custody Services Arm Expands to Asia

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/387428″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/10/bitcoin-exchange-banner-9.png” alt width=”728″ height=”90″></a></div><strong>Fidelity Digital Asset Services has revealed the company is expanding into Asia and plans to help high-net-worth investors and family offices in the region with custodial crypto products. Fidelity is working with the Singaporean startup Stack Funds, a …

Fidelity Investments’ Digital Asset Custody Services Arm Expands to Asia Read More »

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

Multinational payments firm Sia is partnering with cryptocurrency custodian Hex Trust to help its European banking clients hold digital assets. “When you have one bitcoin, it’s not a big problem, but when you start adding 10, 20 or 100, you have a treasury and you have to decide where to store this,” said Daniele Savarè, …

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

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

The Office of the Comptroller of the Currency (OCC) is letting all nationally chartered banks provide custody services for cryptocurrencies. In a letter dated July 22, Senior Deputy Comptroller and Senior Counsel Jonathan Gould wrote that any national bank can hold onto the unique cryptographic keys for a cryptocurrency, clearing the way for national banks …

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