Month: June 2022

Bosonic, a decentralized Financial Market Infrastructure (dFMI) business, has appointed Yvo van Amerongen as client solutions director. Based in London, he will help to lead the recently announced Bosonic Cross-Custodian Net Settlement Working Group, partnering with digital asset custodians globally. He will also support collaboration between custodians and institutional clients such as hedge funds, family…

Protego Trust Bank N.A., a federally chartered bank exclusively serving the digital asset needs of institutional clients, has appointed five new members to its now 11-person advisory board. Cris Conde co-founded financial technology software business Devon Systems and led its successful sale to SunGard, which he subsequently ran and took private in a record-breaking LBO…

Hex Trust has integrated Polygon, the full-stack scaling solution on Ethereum, into its digital asset custody platform, Hex Safe. As a result, Hex Trust now offers fully licensed and highly secure custody for Polygon’s native token (MATIC) with plans to support non-fungible tokens and the full stack of services built on Polygon. The integration enables…

Bosonic, the U.S. based financial market infrastructure (dFMI) business, has formed the Bosonic Cross-Custodian Net Settlement (CCNS) working group with several of the industry’s leading digital asset custodians, exchanges and banks. The industry group will be led by Bosonic and will include a worldwide network of digital asset custodians such as First Digital in Hong…

Copper.co, the UK-based crypto services provider, now offers custody and staking support for NEAR, the native asset of NEAR Protocol, the layer one blockchain. The custody integration allows Copper’s institutional clients to securely hold NEAR through its custody platform, which leverages advanced multi-party computation (MPC) cryptography to remove the critical attack vector of private keys.…

Standard Custody and Trust Co., a subsidiary of PolySign, has partnered with Figment, Blockdaemon, and other staking providers to provide institutional clients with the ability to stake Solana (SOL) directly from Standard Custody’s cold storage custody solution and generate passive yield. Client funds are kept in Standard Custody’s cold storage solution and staked using validators…

Mercari, which operates a licensed Australian Tier 1 wholesale financial derivatives exchange, has selected METACO, the Swiss-based provider of digital asset custody services, to launch its institutional digital asset custody operations. Mercari is deploying its technology on IBM Cloud. Mercari will use METACO’s digital asset custody and orchestration platform, Harmonize.