Circle Internet Financial, LLC has appointed BNY Mellon as a primary custodian for USD Coin (USDC) reserves. Circle is an internet finance firm that provides internet-based payments and financial infrastructure and is the sole issuer of USDC. USDC is one of the fastest growing dollar digital currencies in the world, with over USD52bn in circulation…
Month: April 2022
Torstone links with Digivault
Torstone, a UK-based provider of securities and derivatives post-trade processing solutions, has linked with Digivault to deliver a comprehensive risk, middle and back-office workflow solution for crypto assets, with Digivault’s support for digital asset custody.
Covario hires new co-head of sales
Covario, the Swiss-based cryptocurrency prime broker, has appointed Michael Baumgartner as co-head of institutional sales. He is responsible for global client management, new business development and the expansion of existing relationships. Prior to joining Covario, Baumgartner was head of sales for transaction banking & digital assets at InCore Bank. He will work alongside Andreas Thode,…