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$10 Trillion US Exchange Takes a Step Toward Crypto: Nasdaq Bids for Cinnober

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News wires buzzed this week when the National Association of Securities Dealers Automated Quotations (Nasdaq) announced its pending purchase of Swedish crypto-friendly stock exchange Cinnober. Nasdaq made “an USD 190m all cash recommended public offer” to the exchange, which it terms a major “financial technology provider to brokers, exchanges and clearing houses worldwide.” It could … Read more

Ethereum Classic Price: Growing Interest by Financial Firms Triggers Nice Value Increase

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It would appear most cryptocurrency have begun showing signs of recovery in the past few years. This may very well signal a brand new bull run which affects both Bitcoin and the numerous altcoins on the market. The Ethereum Classic price is noting some solid gains right now, primarily because it is gaining a lot … Read more

Lloyds of London to Insure Kingdom Trust’s Crypto Custody Business

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Alternative asset custodian Kingdom Trust has announced that it has secured insurance for digital assets held on its custody platform. The assets will be insured on one of the world’s most respected insurance marketplaces, Lloyd’s of London, in what is its pioneer crypto-focused product. Making the announcement, Kingdom Trust described the insurance as critical in … Read more

Lloyd’s of London Insures Cryptocurrency Custody Service Kingdom Trust

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According to the institutional cryptocurrency storage platform Kingdom Trust, the company is now insured by the world’s largest insurance marketplace, Lloyd’s of London. The Kentucky-based alternative asset custody service, Kingdom Trust, claims to hold assets worth $12B that consist of 30 digital currencies under its wing. Also Read: Crypto-Backed Lending Platform Blockfi Approved to Operate in … Read more

PR: Vaultbank Partners with Kingdom Trust for Qualified Custodial Services for Crypto Assets

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Vaultbank has partnered with Kingdom Trust to provide a qualified custodial solution for digital assets. Vaultbank has built a digital asset platform allowing for the tokenization of real assets and financial instruments. The Kingdom Trust-Vaultbank partnership allows our customers to have institutional grade custody and reporting. The post PR: Vaultbank Partners with Kingdom Trust for … Read more

Bitgo Snaps Up Kingdom Trust, Paving the Way for Custodial Cryptocurrency Offerings

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Bitcoin payment specialists Bitgo have announced the acquisition of Kingdom Trust, an investment firm with custody of over $12 billion in assets. The move will enable the South Dakota-based Kingdom Trust Company to offer custodial cryptocurrencies such as bitcoin, ripple, and ethereum to its investors. This will make it easier for traditional investors to enter … Read more