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Banking
US Bank Selects Cryptocurrency Custodian, Wins Admin Role for NYDIG’s Bitcoin ETF
Asked if NYDIG would be U.S. Bank’s crypto custodian, Senior Vice President Christine Waldron said she was not at liberty to comment.

US Bank, State Street Back $30M Raise for Institutional Crypto Builder Securrency
U.S. Bank could be the proverbial “one to watch” in the digital asset space, says Securrency Chief Strategy Officer Patrick Campos.

JPMorgan to Let Clients Invest in Bitcoin Fund for First Time: Sources
The JPMorgan bitcoin fund could roll out as soon as this summer with NYDIG as the fund’s custody provider.

Signature Bank Goes Head-to-Head With Silvergate in Bitcoin-Backed Lending
Signature’s CEO said on an earnings call Wednesday the bank wants it to be a “no-loss business.”

Circle Adds Signature as a Banking Partner
The partnership will allow for future integrations of Circle products and services within the bank.

Oracle Provider API3 Signs 10-Year Deal With Open Bank Project
The partnership could bring fintech and banking customers into DeFi, says Open Bank Project founder Simon Redfern.

Add Coinbase to the List of Crypto Stocks HSBC Won't Touch
An HSBC representative said the bank has “limited appetite to facilitate products or securities that derive their value from virtual currencies.”

Revolut Adds 11 Cryptocurrencies to Its Trading Offerings
Cardano (ADA), uniswap (UNI) and filecoin (FIL) were among those added.

Goldman Sachs to Offer Bitcoin to Wealth Management Clients
A memo obtained by CoinDesk lays out the bank’s approach to providing clients with access to bitcoin and other digital assets.

Fidelity Now Extends Bitcoin-Backed Loans Through Silvergate
The custodian began offering cash loans collateralized by bitcoin last December but is now adding Silvergate customers to the mix.
