Fireblocks has added GLMR and MOVR tokens to its platform. By adding Glimmer (GLMR, the Moonbeam Network’s utility token on the Polkadot network), and Moonriver (MOVR, the network’s Kusama deployment) to the Fireblocks platform, it is facilitating direct custody of these tokens for financial institutions. Fireblocks currently supports more than 1,000 tokens and 30 protocols.
Month: April 2022
BISON hires heavy-hitter for bus dev role
Dr Sven Hildebrandt, one of the leading lights of the European crypto space, has agreed to join the digital and crypto business at BISON, a digital currency trading platform powered by Börse Stuttgart. He will become executive director of business development & strategic partnerships from 1 May 2022. Hildebrandt currently runs his own consultancy.
Accelerate deploys Tetra custody solution
Accelerate Financial Technologies Inc. has selected Tetra Trust Company as custodian for its digital assets. Initially, the Accelerate NFT Fund LP, the first Web3 investment vehicle in Canada, will deploy Tetra’s custody solution which enables clients to store and settle their digital assets within a secure environment. Calgary-based Accelerate is one of Canada’s fastest growing…
Gemini to support additional tokens
Gemini, the integrated digital assets platform, now supports Geojam (JAM), Chiliz (CHZ), Metis (METIS), Revv (REVV), Qredo (QRDO), Zebec (ZBC), STEPN (GMT), and Bonfida (FIDA). The tokens are now available for deposits and custody on Gemini, which has recently surpassed 100 supported tokens.
BCAM appoints Standard as custodian
Following the appointment of Apex as administrator, Blockchain.com has named Standard Custody & Trust Company, a PolySign company, as custodian for its new institutional platform, Blockchain.com Asset Management (BCAM). BCAM will deliver a suite of institutional investment products, combining the crypto trading infrastructure, research and security software services of Blockchain.com with Altis Partners’ investment management…
Apex to support new BCAM funds
Apex Group has been appointed to provide fund services to Blockchain.com Asset Management (BCAM), a new crypto asset management platform powered by Blockchain.com, with investments managed by Altis Partners, a C.I.-based manager. BCAM’s C.I.-domiciled funds will offer regulated crypto investment products for institutional investors, family offices and high net worth individuals. The platform is launched…
Covario adds TRX to coverage
Covario, the Swiss-based crypto prime brokerage, now offers Tron (TRX) tokens for custody, trading and other services. This brings coverage to 68+ crypto tokens, including five stablecoins, as well as seven FX currencies, tradeable directly via its OTC portal. Tron has a current market cap of USD6.44bn. 87 million users are recorded on Tron’s blockchain.…
SDX partners with daura
SIX Digital Exchange (SDX), which claims to be the world’s first fully regulated FMI digital asset exchange, and daura, a Swiss equity tokenisation platform, have formed a partnership aimed at improving the exchange’s digital issuers ecosystem. Companies on daura will be able to issue digital equity securities seamlessly into SDX’s regulated CSD. Since 2018, by…
PolySign to acquire MG Stover
PolySign Inc., the U.S.-based digital assets fintech, has agreed to acquire MG Stover, a U.S.-based alternatives administrator with >USD40bn in digital assets under administration, believed to the world’s largest. The acquisition will enable PolySign “to deliver a comprehensive, vertically integrated custody, trading and administration offering to institutional investors for cryptocurrency and digital assets”. PolySign expects…
Bison gets green light in Portugal
The Bank of Portugal has authorised Bison Digital Assets to operate a custody and exchange business for virtual (digital) assets. The company, to be created from scratch and to be operated under the Bison Digital brand, is fully owned by Bison Bank. Bison is understood to be the first bank in Portugal to receive this…