Bitpanda has become the first European retail investment platform to receive a full licence from BaFin, the German regulator, for custody and proprietary trading of crypto assets.
Year: 2022
SEBA opens in Hong Kong
SEBA Bank AG, a crypto bank based in Switzerland has opened its Hong Kong office for its subsidiary, SEBA (Hong Kong) Limited. SEBA Hong Kong’s initial activities will focus on consultancy services and market research, as well as engaging strategic partners for its head office in Switzerland.
3iQ completes ETP transition
3iQ Digital Asset Management, together with Coinbase and Tetra Trust Company, have finalised the custodian transition for 3iQ’s exchange-traded products (ETPs). All 3iQ ETP digital assets are held in segregated custody accounts, in cold storage by Coinbase Custody Trust Company, LLC, with oversight by Tetra Trust.
Komainu gains MVP licence in Dubai
Komainu, a regulated digital asset custody provider, has received a minimal viable product (MVP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA). This is following the issuance of its provisional approval in July 2022. UK-based Komainu is the first hybrid custodian for institutional digital asset investors, created by the Japanese investment bank, Nomura, digital asset…
SDX appoints head of digital securities
SIX Digital Exchange has appointed Alexandre Kech as head of digital securities, based in Switzerland. He was most recently with Citi Ventures, where he launched and ran its blockchain & digital asset team.
Zodia expands token coverage
Zodia Custody, the UK-based digital asset custodian, has expanded its token coverage with the addition of Uniswap (UNI), USD Coin (USDC), and Wrapped Bitcoin (WBTC). Zodia is a service backed by Standard Chartered, with Northern Trust as a co-investor.
Bitcoin Suisse taps Lukka for O&T support
Bitcoin Suisse, which describes itself as “the Swiss crypto-finance and technology pioneer and market leader”, has tapped Lukka, the institutional crypto software and data provider, to support its middle and back office operations and enhance its systems. Lukka’s data and software is purpose-built for crypto and blockchain data, providing Bitcoin Suisse and its institutional client…
Accelerate adds NFTs to Tetra mandate
Accelerate Financial Technologies Inc., a Canadian alternative investment solution provider, has acquired five non-fungible tokens for its Accelerate NFT Fund. The fund’s NFTs and cryptocurrency are held in custody with Tetra Trust Company, Canada’s first qualified custodian for cryptocurrency and digital assets. Tetra Trust is currently partnering with Ledger Enterprise to deliver a secure information…
PowerTrade partners with Copper
PowerTrade, a crypto derivatives exchange focused on options, has partnered with Copper.co, the UK-based provider of institutional digital asset custody and trading solutions, to offer custodial and settlement services for its institutional clients. PowerTrade will leverage Copper.co’s ClearLoop technology that enables institutions to deploy capital on the exchange and trade immediately while maintaining their assets…
Silvergate makes senior promotions
Silvergate Capital Corporation, the provider of financial infrastructure solutions to the digital asset industry, has promoted Ben Reynolds to president, and appointed Kate Fraher as chief risk officer, of both the company and its subsidiary, Silvergate Bank. In their new roles, they continue to report to Alan Lane, CEO of Silvergate and the bank. Reynolds…