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Standard Chartered’s Zodia Custody is raising $50 million to expand its crypto custody services amidst increasing competition from both traditional finance and crypto-native firms. Institutional Investors Drive Demand for Crypto Custody Standard Chartered’s crypto custody business, Zodia Custody, is reportedly in talks to raise $50 million to fund its expansion into new markets. CEO Julian … Read more
Robinhood also reported a 76% year-on-year increase in assets under custody, attributed to rising crypto valuations. Go to Source
The acquisition of its competitor will net Komainu a Singapore Capital Markets Services License and hope for a Major Payment Institution license in the future. Go to Source
Ripple has announced updates to Ripple Custody, enhancing its “bank-grade” custody technology. The latest features include a transaction screening service integration, additional hardware security module (HSM) options, and an XRPL integration for tokenizing Real World Assets (RWA). Ripple Custody now supports the tokenization of various assets, enabling businesses to manage cryptocurrencies, fiat currencies, and real-world … Read more
Ripple’s move into crypto custody allows the company to diversify beyond its payment settlement business. Go to Source
Bitfarms and Riot Platforms settle months of corporate disputes with board review, while BlackRock moves for changes to Bitcoin ETF withdrawals. Go to Source
The partnership will bring cryptocurrency trading and custody solutions to around 700 cooperative banks, with an initial rollout planned for late 2024. Go to Source
Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange, … Read more
Standard Chartered was approved by the Dubai Financial Services Authority to offer crypto custody solutions in the UAE. Go to Source
Prometheum is the only SEC-registered crypto custody provider and already treats ETH as a security. Go to Source
