Hex Trust Raises $88M for Crypto Custody Focused on the Gaming Sector
The funding round was co-led by Animoca Brands and Liberty City Ventures. Source
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Custody
State Street to Offer Crypto Custody in Pact With Copper
The move follows the custodial banking giant launching its crypto division in June 2021. Source
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US Virginia Senate allows state banks to offer crypto custody services
The Senate of Virginia in the United States unanimously approved a bill amendment request that now allows traditional banks operating in the Commonwealth of Virginia to provide virtual currency custody services. Delegate Christopher T. Head introduced the bill (House Bill No. 263) back in January 2022, seeking an amendment to allow
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BNY Mellon plans to launch digital asset custody platform later this year
BNY Mellon, a major investment bank, is developing a digital asset custody platform that would allow institutional customers to gain crypto exposure.According to a report from City A.M., customers will be able to store the world's most popular cryptocurrencies, Bitcoin (BTC) and Ether (ETH), in BNY Mellon crypto wallets which
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Inside IBM’s Fast-Growing Crypto Custody Play
Once enterprise blockchain’s biggest backer, IBM these days has its eye on cementing valuable partnerships with crypto custody firms. Source
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BitPanda to provide crypto custody with the acquisition of FCA-approved Trustology
BitPanda, a Viena-based crypto exchange platform has made its maiden acquisition in the form of United Kingdom-based Trustology, a crypto custodian and wallet service provider for an undisclosed amount.BitPanda will rebrand the newly acquired fintech firm to BitPanda custody in a bid to start its native crypto custody services focused
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Crypto Custody Firm Fireblocks Raises $550M at $8B Valuation
“It’s pretty aggressive growth, and we have a lot of clients from very different use cases and domains, from traditional financial institutions to leading hedge funds, exchanges, neo banks, gaming companies, payment providers and so on,” Fireblocks CEO Michael Shaulov said in an interview. “So we are putting a lot
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MetaMask’s new inbuilt multi-chain institutional custody feature
The institutional arm of the Consensys-owned MetaMask has integrated its first multi-chain digital asset custody solution called Cactus Custody.MetaMask Institutional (MMI) initially partnered with Cactus Custody owned by crypto financial service platform Matrixport in October last year to incorporate its “DeFi Connector” feature into MMI’s suite of services. The full
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UnionBank of the Philippines Picks IBM and Metaco for Crypto Custody
“Think of all the tier-one banks in the market, they’re probably all IBM clients, many of them strategic clients,” said Donoghue in an interview. “They can leverage the existing stack, existing run capabilities to manage Metaco vaults directly from existing infrastructure. And we have a number of other similar deals
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Union Bank of the Philippines selects Metaco and IBM to facilitate digital asset custody operations
On Thursday, Metaco, an enterprise cryptocurrency platform for securing, trading, issuing, and managing digital assets, announced the addition of UnionBank as its latest client. Founded in 1982, UnionBank is one of the largest banks in the Philippines, with a collective $15 billion in assets under management. UnionBank will be also
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