Custody


Finance

Crypto Custody Firm Trustology Cuts Staff as Banks Delay on Digital Assets

Digital asset custody firm Trustology has cut seven of its 18 staffers as the big banks it courted are taking longer than expected to jump into crypto.

Trustology CEO Alex Batlin

Finance

Dutch Bank ING Reportedly Working on Crypto Custody Tech

Netherlands-based banking multinational ING is developing technology for the custody of crypto assets, according to Reuters sources.

Credit: Shutterstock

Finance

Bakkt, Fidelity Will Store Galaxy Digital's New Bitcoin Fund Holdings

Galaxy Digital is tapping Bakkt and Fidelity Digital Assets to store the bitcoin for its two new funds.

Michael Novogratz of Galaxy Digital

Markets

Bakkt Expands Bitcoin Custody Service Beyond Futures Trading Clients

The ICE subsidiary plans to open up its bitcoin "warehouse" following approval from New York's financial watchdog.

Bakkt

Markets

Casa Is Helping Bitcoin Investors Pass on Their Holdings When They Die

The bitcoin custody provider has launched a new service to help holders ensure their assets are passed to loved ones in the event of their death.

Last will and testament

Markets

In Rare Deal, Crypto Custodian Wins Insurance on Full Value of Client Assets

Marsh & McLennan, the world’s largest insurance broker, has arranged unusually generous insurance for new crypto custodian KNØX.

vault dial

Markets

Arab Bank's Swiss Arm Is Launching Cryptocurrency Services

The Swiss branch of one of the top financial institutions in the Middle East is launching a suite of cryptocurrency-based services.

canadastock/Shutterstock

Markets

Legacy Trust to Launch Independent Crypto Custody Business

Hong Kong-based Legacy Trust is spinning out a new business focused entirely on institutional-grade cryptocurrency custody solutions.

Vincent Chok, Legacy Trust

Markets

The Crypto Custody Conundrum: What Are We Even Talking About?

New tech usually struggles with vocabulary, says Noelle Acheson. With bitcoin, the confusion rubs off integral concepts in securities legislation.

Vault

Markets

Bitcoin Escrow Firm Bilked Investors for $7 Million, DOJ Says

U.S. prosecutors have charged the head of a bitcoin escrow company with defrauding investors for $7 million. 

dojfbi