SDX Web3, the recently launched business unit of SIX Digital Exchange, is now live with its institutional custody service for crypto assets. The service is designed for institutional clients that want to scale their crypto asset business leveraging best-in-class back-end services and capabilities. It allows institutions to safely and cost-effectively store and transfer crypto assets…
Year: 2022
Digivault launches ExchangeConnect
Digivault, the UK-based digital asset custodian, has launched ExchangeConnect, a new service to safeguard crypto assets when trading on exchanges. The service enables clients to safely hold their assets within their Digivault FCA-registered custody account whilst trading with them on an exchange. Digivault ExchangeConnect is now available on Bitfinex, with more exchanges planned. When using…
EDXM taps Paxos for custody
EDX Markets, a start-up digital asset exchange backed by leading financial institutions including Fidelity and Charles Schwab, has formed a partnership with Paxos, the regulated blockchain infrastructure platform, that will enable institutional custody of traded assets for EDXM clients, and provide Paxos customers with direct access to this new ecosystem. Paxos’ enterprise platform will facilitate…
SWIFT trials CBDC interoperability
SWIFT has conducted two separate trials to prove that central bank digital currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure, a major milestone towards enabling their smooth integration into the international financial ecosystem. SWIFT claims that the findings solve the significant challenge of interoperability in cross-border transactions by bridging between different…
Clearstream facilitates digital securities issuance
Clearstream has created a digital instrument on D7, Deutsche Börse’s digital post-trade platform. European issuers can now leverage the new infrastructure to issue digital securities. The first automated issuances were performed by LBBW and Vontobel, and facilitated by Clearstream, Deutsche Börse’s post-trade service provider. D7 is fully integrated within Clearstream’s global infrastructure and works as…
Talos hires three senior managers
Talos, a provider of institutional digital asset trading technology, has made three key hires. Frank van Zegveld joins as head of sales EMEA, Matt Houston as client success director, and Hillary Conley as business development director. These appointments continue the global expansion of the Talos team on the heels of the company’s USD105m Series B…
GK8 and Bitbond collaborate
GK8, the institutional-grade digital asset custody platform with DeFi, staking, NFT, and tokenisation support, has partnered with Bitbond, a tokenisation software provider, to offer clients an end-to-end token life cycle solution. The joint solution provides a one-stop shop where clients can securely issue, mint, burn, manage, store, and distribute, with an intuitive user interface. Moreover,…
Komainu appoints (another) CEO
Komainu, the C.I.-based digital asset custodian, has appointed Nicolas Bertrand as its CEO. His appointment follows the February 2022 announcement that Matt Chamberlain was to become CEO, which never happened. Bertrand brings over 20 years of experience in market infrastructure and digital assets, including more than a decade at Borsa Italiana and the London Stock…
MJ Hudson launches digital asset custody benchmarking service
MJ Hudson, the UK-based solutions provider to the asset management industry, has introduced a new custody benchmarking service specifically for clients investing in digital assets. The new service will benchmark the capabilities of major custodians for key themes across digital asset custody provision, including strategy and commitment, digital asset coverage, fraud prevention, private key management,…
3iQ partners with Coinbase and Tetra Trust
3iQ Digital Asset Management has joined forces with Coinbase and Tetra Trust Company in an effort to expand the exchange-traded product ecosystem for digital assets in Canada and generate further interest from the investment community. As part of the agreement, Coinbase and Tetra will act as custodians for 3iQ’s ETPs, including the 3iQ CoinShares Bitcoin…