Fidelity to hire more crypto hands amid growing institutional interest
Fidelity Digital is planning to hire 100 more people for its crypto business to service the growing needs of institutional investors. Go to Source Powered by WPeMatico
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Woori becomes latest major Korean bank to announce crypto custody services
An increasing number of leading South Korean banks are establishing joint ventures with minor ownership to enter the crypto custody market while complying with local regulations. Go to Source Powered by WPeMatico
Investment Bank Cowen to Help Institutions Seamlessly Put Cryptocurrencies in Their Portfolios
Investment bank Cowan, founded in 1918, is launching a cryptocurrency service in partnership with Standard Custody & Trust Co. to help institutional clients “seamlessly secure, access and leverage cryptocurrencies and digital assets in their portfolios.” Cowan’s CEO said: “The demand is clearly here. We’re going to be able to help a lot of our institutional … Read more
America’s Fifth-Largest Banking Institution US Bank to Offer Cryptocurrency Custody
On April 27, the American bank holding company U.S. Bank revealed in a blog post that the financial institution plans to offer cryptocurrency custody services. The bank’s chief strategy officer for U.S. Bank Global Fund Services, Christine Waldron, says she is proud of her company’s steps toward blockchain and cryptocurrency practices. US Bank to Offer … Read more
Gemini launches ETF and fund manager-focused custody, clearing, and trade service
The new service will tailor to companies offering retail investors exposure to cryptoassets through traditional investment channels Go to Source Powered by WPeMatico
Coinbase custodies 11% of entire crypto capitalization
The custody service of leading U.S. exchange Coinbase now controls more than 10% of the combined crypto asset market cap. Go to Source Powered by WPeMatico
Can banks be their own bank? Deutsche Bank, BNY Mellon plan custody services
Experts say building custody solutions is tricky, but will become crucially important as crypto grows more valuable. Go to Source Powered by WPeMatico
Swiss Bank Sygnum Begins Storing Crypto With Taurus Group, Launches Staking Service
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 XTZ by leveraging the Tezos network. Earlier this year, news.Bitcoin.com reported on a number of Switzerland-based fintech services … Read more
Fidelity Investments’ Digital Asset Custody Services Arm Expands to Asia
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 fully-insured custody operation servicing traditional financial institutions. Fidelity Investments Inc., is an American multinational financial services corporation … Read more
BitGo seeks to become a qualified crypto custodian in New York state
Digital asset financial services firm BitGo has formally applied for a New York Trust Charter from the NYDFS. Go to Source Powered by WPeMatico