Custodians


Markets

Bitcoin ETF Provider Valkyrie Adds BitGo as Second Custodian in Risk Mitigation Move

The digital asset investment firm has become the first of the ETF providers to diversify custody of its coins by tapping BitGo's expertise in addition to Coinbase

16:9 Custodian (Tim Evans/Unsplash)

Opinion

Why Nasdaq Backing Out of Custody Is Bad, Bad News for Crypto

If a financial giant can’t navigate the red tape, who can?

Nasdaq stock exchange studio

Finance

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.

Full Shows – Consensus: Distributed

Finance

Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Sources

The financial terms of the deal were not disclosed by the source.

Full Shows – Consensus: Distributed

Finance

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.

Ethereum's Merge will slow demand for GPUs. (Bradley D. Saum/Shutterstock)

Finance

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.

Pantera Capital founder and CEO Dan Morehead (Shutterstock/CoinDesk)

Policy

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.

SEC Chair Gary Gensler (Kevin Dietsch/Getty Images)

Policy

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.

SEC Chair Gary Gensler (Anna Moneymaker/Getty Images, modified by CoinDesk)

Policy

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."

U.K. flag (Shutterstock)

Finance

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.

Nasdaq está ofreciendo servicios de custodia de criptomonedas. (Tim Evans/Unsplash)

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