Why Nasdaq Backing Out of Custody Is Bad, Bad News for Crypto
If a financial giant can’t navigate the red tape, who can?
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Jul 20, 2023 at 5:48 p.m. UTC
Jul 20, 2023
Custodians
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Crypto Custody Firm BitGo Cancels Acquisition of Rival Prime Trust
Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk.
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Jun 22, 2023 at 1:59 p.m. UTC
Jun 22, 2023
Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Sources
The financial terms of the deal were not disclosed by the source.
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Jun 8, 2023 at 7:24 p.m. UTC
Jun 8, 2023
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Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm
Ripple purchased custodian Metaco for $250 million, and regulatory and market conditions could lead to further deals, says Architect Partners.
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May 18, 2023 at 3:25 p.m. UTC
May 18, 2023
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Crypto VC Firm Pantera Used Silicon Valley Bank as a Custodian
A regulatory filing shows the shuttered bank as one of three custodians for Pantera’s funds.
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Mar 10, 2023 at 10:59 p.m. UTC
Mar 10, 2023
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SEC Chair Gensler Says Crypto Exchanges May Not Be 'Qualified Custodians'
"Just because a crypto trading platform claims to be a qualified custodian doesn’t mean that it is," the SEC chair said.
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Mar 2, 2023 at 3:10 p.m. UTC
Mar 2, 2023
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SEC Proposal Could Bar Investment Advisers From Keeping Assets at Crypto Firms
As long as crypto platforms and lenders aren’t registered as exchanges or banks, they wouldn’t qualify as custodians in the latest SEC limits proposed for registered investment advisors.
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Feb 15, 2023 at 3:00 p.m. UTC
Feb 15, 2023
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Ex-UK Chancellor Philip Hammond Urges Accelerated Efforts to Become Crypto Hub: FT
Hammond, chair of custody company Copper, said the U.K. is falling behind neighboring countries and needs to accept "measured risk."
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Jan 26, 2023 at 9:42 a.m. UTC
Jan 26, 2023
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BNY Mellon Says Client Demand for Crypto Led to Custody Offering
Executives from the world's largest custodial bank spoke on the company’s earnings call Monday morning.
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Oct 17, 2022 at 4:35 p.m. UTC
Oct 17, 2022
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Crypto Custody Firm Anchorage Digital to Be Preferred Custodian for Layer 1 Blockchain Aptos Labs
The partnership signals the growing institutional adoption of crypto.
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Sep 27, 2022 at 1:30 p.m. UTC
Sep 27, 2022