103 articles tagged with #custody. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.
AndX USA LLC has launched a US crypto exchange leveraging BitGo's regulated Crypto-as-a-Service infrastructure, enabling nationwide operations across all 50 states under OCC-regulated custody. This partnership demonstrates how established institutional custody providers are facilitating new exchange entrants by removing regulatory and operational barriers to entry.
Payward has filed a lawsuit against PowerTrade alleging a $7 million misappropriation, highlighting systemic vulnerabilities in cryptocurrency fund management and custody practices. The case underscores ongoing trust and security challenges within decentralized finance infrastructure that could impact investor confidence across the sector.
Kraken has filed a lawsuit against PowerTrade, claiming the crypto derivatives firm made unauthorized account adjustments that converted a $7 million positive balance into a $2 million deficit through retroactive 'corrections' on settled trades. The dispute highlights custody and operational risks in cryptocurrency derivatives trading.
Solana's tokenized stock trading volume reached a new all-time high of $644 million, signaling a market shift away from memecoins toward regulated digital equity instruments. However, regulatory uncertainties and reliance on custodial solutions present ongoing challenges for the emerging asset class.
Major Wall Street institutions including Mastercard, Visa, and five large US banks are building blockchain infrastructure for stablecoin settlements and tokenized deposits, with multiple projects launching in 2026-2027. The DTCC's tokenization service is already operational across 50+ firms with real-world asset trading beginning in July 2026, signaling institutional crypto adoption reaching critical infrastructure maturity.
RedStone has integrated live loan-to-value (LTV) feeds for Bitcoin collateral on Spark Protocol at Anchorage, bridging decentralized finance with traditional finance infrastructure. This partnership aims to enhance institutional confidence in DeFi lending and potentially accelerate adoption among large-scale investors.
BitGo has launched Spark Savings, a product designed to enable institutional capital to flow directly into decentralized credit markets through secure, regulated channels. The initiative targets institutional adoption barriers in DeFi by combining traditional compliance frameworks with decentralized finance infrastructure.
BitGo, a digital asset infrastructure company, has achieved a historic milestone by debuting on the Fortune 500 list at position No. 273, marking the first time a company in this sector has reached the prestigious ranking. This achievement signals growing mainstream acceptance and financial viability of cryptocurrency infrastructure businesses.
BitGo has expanded institutional DeFi access by integrating Aave, Spark, and Tesseract protocols through its Narval platform, enabling qualified institutions to interact with these lending and trading protocols directly from custodial wallets. This move bridges institutional-grade custody with decentralized finance, addressing a key friction point for institutions entering DeFi.
Zodia Custody, backed by Standard Chartered, has received regulatory approval from Luxembourg authorities to expand its stablecoin custody services. This regulatory clearance strengthens institutional confidence in the platform and positions it to capitalize on growing European demand for secure stablecoin infrastructure.
Vietnam's Securities and Exchange Commission has officially recognized crypto assets as property within the nation's digital economy framework, launching a five-year pilot program for regulated crypto exchanges. The move signals institutional acceptance of digital assets while establishing comprehensive safeguards including anti-money laundering protocols and custody standards, positioning Vietnam to capitalize on projected $70-80 billion in tokenized assets by 2030.
CryptoQuant's 2026 report indicates institutional investors remain committed to Bitcoin despite declining spot trading volumes, with exchange reserves dropping to 2.7M BTC and major exchanges like Gate, Kraken, and OKX continuing to process large institutional transactions despite April 2026 seeing the lowest trading volume since October 2023.
Zodia Custody CEO Julian Sawyer declares that all banks will eventually need to hold digital assets, signaling institutional momentum in crypto adoption. Standard Chartered's full acquisition of Zodia is progressing on schedule, with signing expected by end of June and completion by end of August.
Trezor's TROPIC01 Secure Element chip contains a vulnerability discovered by Ledger Donjon's audit team. Despite the security flaw, Trezor asserts that user funds remain safe, though the incident raises questions about hardware wallet security assurance and the effectiveness of existing safeguards.
BitGo Bank & Trust, an OCC-chartered bank, has partnered with Concrete to create an institutional DeFi platform that allows qualified investors to access onchain strategies while maintaining assets in regulated custody. The collaboration leverages Concrete's synthetic asset vault architecture to minimize bridge risk, enabling institutions to participate in DeFi without leaving the security of qualified custody frameworks.
Ethena has partnered with Anchorage Digital's Atlas platform to strengthen institutional cryptocurrency lending by integrating regulated custody controls and real-time collateral monitoring. This collaboration addresses key institutional concerns around security and compliance in crypto lending markets.
Ethena has partnered with Anchorage Digital to secure offchain collateral storage as it shifts toward overcollateralized institutional lending. This strategic move, initiated in April, represents a fundamental restructuring of USDe reserves to enhance institutional adoption and security.
Charles Schwab is planning to launch crypto spot trading and custody services for its advisor clients by mid-2027, following its earlier rollout of Bitcoin and Ethereum trading to retail customers. This expansion signals major traditional financial institutions' deepening commitment to cryptocurrency infrastructure and represents a significant milestone in institutional crypto adoption.
House of Doge has partnered with Paxos to integrate Dogecoin across Paxos's enterprise-grade brokerage and custody infrastructure, granting DOGE access to the same network used by PayPal and Venmo. This partnership significantly expands Dogecoin's institutional reach and legitimacy within mainstream financial infrastructure.
Texas is establishing its own Bitcoin reserve system independent of spot Bitcoin ETFs like iShares Bitcoin Trust (IBIT), with a $10M initial allocation. The state's comptroller office mandates real-time public transparency of holdings and valuations, distinguishing Texas's approach from typical institutional Bitcoin holders.
Texas is assembling a Strategic Bitcoin Reserve committee that includes CleanSpark's CEO and other industry executives to oversee the transition of bitcoin holdings from BlackRock's IBIT ETF into direct custody. This move signals state-level institutional adoption of bitcoin and reflects growing confidence in self-custodied digital assets.
Texas has established a five-member advisory committee to manage its Strategic Bitcoin Reserve and is preparing to transition from Bitcoin ETF holdings to direct custody of the digital asset. This move signals the state's commitment to building institutional Bitcoin infrastructure and positions Texas as a leader in sovereign digital asset management.
Texas is transitioning its Bitcoin holdings from BlackRock's IBIT ETF to direct self-custody, issuing an RFP for qualified providers to manage storage and liquidity operations. This shift signals growing institutional confidence in Bitcoin as a reserve asset while reducing reliance on third-party ETF structures.
Texas is moving $10M of its Bitcoin reserves from BlackRock's IBIT spot ETF into direct self-custody within 60 days, signaling a shift toward independent asset management. This decision reflects growing institutional preference for direct custody over ETF vehicles and underscores confidence in Bitcoin's long-term institutional adoption.
Cactus Custody has integrated support for Lido V3 stVaults, enabling institutional investors to access Ethereum staking through a regulated custody solution. The partnership expands institutional participation in liquid staking while introducing custodial considerations and operational complexity.
