43 articles tagged with #custody. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.
The article highlights how institutional cryptocurrency adoption is increasingly flowing through prime brokerages that maintain traditional finance custody standards. Ripple's $1.25 billion acquisition of Hidden Road exemplifies this permanent shift toward established financial infrastructure in the crypto space.
Anchorage Digital has integrated Tron (TRX) custody services, enabling U.S. institutional investors to access compliant TRX trading for the first time. The custody provider plans to expand the offering to include TRC-20 token assets and native TRX staking capabilities.
St. Cloud Financial Credit Union has reached a milestone of holding over 10 bitcoin in custody for its members as part of a pilot program. This represents a significant step in traditional financial institutions offering cryptocurrency custody services to their customers.
The New York Stock Exchange has entered a partnership with Securitize to launch tokenized securities trading, positioning Ripple and XRP as key infrastructure for this transition. The move signals Wall Street's embrace of blockchain technology, with XRP potentially serving as the bridge asset for tokenized asset transfers across the $100 trillion real-world assets market.
BitGo has added support for the CIP-56 token standard on Canton Network, enabling custody services for USDCx and cBTC tokens. The CIP-56 standard provides privacy-preserving transfers and atomic settlement designed for regulated financial institutions, with Canton Network now processing over $350 billion in daily on-chain assets.
MicroStrategy is hiring a Bitcoin Security Director to protect their massive 762,099 BTC holdings worth approximately $54 billion. This move signals the company's commitment to building institutional-grade cryptocurrency custody infrastructure as their Bitcoin treasury continues to grow.
Ripple has launched a comprehensive 'full financial stack' expansion in Brazil, offering integrated custody, prime brokerage, and stablecoin settlement services specifically designed for the country's regulated financial institutions.
T. Rowe Price has filed an amended SEC document outlining plans for an actively managed cryptocurrency ETF that would include popular meme tokens like Dogecoin and Shiba Inu. The filing provides details on asset custody arrangements and potential staking strategies for the proposed fund.
Coinbase CEO Brian Armstrong and other executives are facing a shareholder lawsuit over alleged failures in corporate disclosures and compliance. The lawsuit focuses on three main areas: inadequate bankruptcy risk disclosures for customer custody, potential listing of securities tokens, and deficiencies in the company's anti-money laundering program.
The FBI arrested John Daghita, son of a custody company CEO, for allegedly stealing $46 million in cryptocurrency. FBI director Kash Patel shared photos of the arrest and seized items including cash, thumb drives, and hardware wallets.
John Daghita, son of a U.S. government contractor, was arrested for allegedly stealing over $46 million in cryptocurrency that had been seized by the U.S. government. This case highlights significant security vulnerabilities in how government agencies handle confiscated digital assets.
The son of a US government contractor was arrested for allegedly stealing $46 million in cryptocurrency from the US Marshals Service. This incident exposes significant vulnerabilities in how government agencies manage and secure digital assets.
Morgan Stanley has selected Coinbase and BNY Mellon as custodians for its planned Bitcoin ETF, marking another significant step in the traditional financial giant's expansion into cryptocurrency services. This move signals growing institutional adoption of crypto infrastructure as major banks integrate digital asset offerings.
Morgan Stanley updated its S-1 filing for a proposed bitcoin ETF, naming Coinbase and BNY as custodians for the exchange-traded product. This represents another major financial institution moving forward with bitcoin ETF plans and selecting established crypto custody providers.
Morgan Stanley is moving closer to launching a regulated Bitcoin ETF, partnering with Coinbase for custody services and BNY (Bank of New York) for administration. This represents another major traditional financial institution entering the Bitcoin ETF space with established crypto infrastructure providers.
Morgan Stanley has selected Coinbase and BNY Mellon as custodial partners for its proposed Bitcoin ETF. BNY Mellon will serve as administrator, transfer agent, and cash custodian for the Morgan Stanley Bitcoin Trust.
Ripple expanded its payments platform by adding managed custody, virtual account collections, and fiat-to-stablecoin settlement capabilities, creating an end-to-end stablecoin infrastructure. The company now positions itself as a single provider for enterprise digital asset payments across 60 markets, with processed volume exceeding $100 billion.
BitGo is expanding its MiCA-compliant crypto-as-a-service offerings across the European Economic Area (EEA). The rollout enables banks and fintechs in 30 European markets to integrate licensed custody, payments infrastructure, and trading capabilities through API-based solutions.
A Morgan Stanley subsidiary has applied to the Office of the Comptroller of the Currency (OCC) for a national trust banking charter to handle digital assets. This move represents another major traditional financial institution seeking regulatory approval to expand into cryptocurrency and digital asset services.
South Korea's tax service accidentally revealed cryptocurrency wallet recovery phrases in a public press release, leading to seized tokens being moved in what appears to be a security breach. This incident is part of a broader pattern of crypto custody failures by South Korean authorities in recent months.
South Korea's National Tax Service accidentally published a wallet seed phrase in a press release, leading to the immediate theft of $4.8 million in seized cryptocurrency tokens. This represents a major security blunder by government authorities in handling confiscated digital assets.
Morgan Stanley plans to offer comprehensive Bitcoin services including custody, trading, yield, and lending to its clients. The major investment bank is developing the necessary technology infrastructure in-house to support these cryptocurrency services.
Citibank plans to integrate Bitcoin into its traditional banking infrastructure and launch custody services, according to a bank executive. This represents a significant move by one of the world's largest financial institutions to embrace cryptocurrency services.
Anchorage and Kamino have introduced a new framework that allows institutions to borrow against staked SOL tokens while keeping the assets in qualified custody. This development comes as US lawmakers continue debating oversight regulations for decentralized finance protocols.
Lombard has launched Smart Accounts, a new system that allows institutional investors to connect their Bitcoin holdings to DeFi protocols. This solution enables institutions to earn yield and access liquidity while maintaining custody of their Bitcoin assets.
