Custody


Finance

Custodian Cobo Wallet Closes $40M Series B to Expand Institutional DeFi Offerings

The firm wants to expand its so-called “DeFi as a Service (DaaS)” product.

CoinDesk placeholder image

Hex Trust Secures Custody License From Singapore’s Monetary Authority

Hex Trust’s new license marks a “strategic milestone” for the Hong Kong-based custodian.

(Mike Enerio/Unsplash)

Markets

Philippines' UnionBank Taps Hex Trust to Test Digital Assets Custody Service

The bank said it is looking to tap into the digital asset market as institutional and customer interest grows.

UnionBank-of-the-Philippines

Policy

Why US Government Yanked BitGo’s Contract and Gave It to Anchorage

A tale of crypto rivalry, multimillion-dollar contracts, and bureaucratic definitions of “small business.”

US Marshals Auction Off Personal Property

Markets

Gemini to Serve as Custodian for Filecoin Fund of Australian Equities Manager

The fund seeks to raise A$25 million ($18.4 million) over a three-month period, promising clients a 100% FIL return over five years.

Sydney's harbor.

Finance

Crypto Custody Firm Fireblocks Raises $310M at $2B Valuation

“It was very important for us to show the customers that we have the balance sheet and valuation to stay independent.”

Fireblocks co-founders (left to right) Idan Ofrat, Michael Shaulov, Pavel Berengoltz

Markets

Square to Build Bitcoin Hardware Wallet

“We’re doing it,” tweeted Jack Dorsey, the fintech’s CEO.

Square CEO Jack Dorsey

Finance

Anchorage Adds Custody and Staking for Dapper Labs' FLOW Token

Anchorage President Diogo Monica said the token was added following “massive demand” from its institutional clients.

Anchorage

Markets

BitMEX Hires Former JPMorgan Executive Director as Head of Custody

BitMEX said the appointment forms part of the firm's "beyond derivatives" strategy.

BitMEX

Finance

State Street Bank Launches Cryptocurrency Division

State Street says it plans to evolve into a “multi-asset platform” to support cryptocurrency trading and more.

State Street CEO Ron O'Hanley