GK8, the institutional-grade digital asset custody platform that is being acquired by Galaxy, has launched an updated policy engine that enables users to further adapt and customize the GK8 platform workflows to their own business logic. The updated policy engine allows institutions to tailor approval policies for every institutional workflow and procedure, and configure a…
Month: February 2023
Ben Lorente joins Copper.co from LSEG
Ben Lorente has joined Copper.co, the UK-based digital assets service provider, as head of alliances and partnerships. He previously spent more than five years at LSEG, most recently as global head of strategic partnerships.
BNY Mellon appoints Caroline Butler as digital assets chief
BNY Mellon has appointed Caroline Butler as CEO of digital assets. Butler joined BNY Mellon in 2020 as global head of custody after nearly two decades at J.P. Morgan. As the CEO of digital assets, she will continue to report to Roman Regelman, CEO of securities services and digital. As CEO of custody services, she…
Copper appoints new chair
Copper.co, the UK-based provider of institutional digital asset custody and trading solutions, has appointed Lord (Philip) Hammond of Runnymede, the former UK Chancellor of the Exchequer (finance secretary), as chair. Hammond has served as a senior adviser to Copper since 2021.
Metaco hires two seniors from IBM
Metaco, the Switzerland-based provider of digital asset custody and orchestration technology, has made two senior executive appointments. Peter DeMeo, former global head of digital asset infrastructure at IBM, joins as chief product officer, overseeing the product suite as well as establishing the company’s digital asset advisory practice. Angel Nunez Mencias, former IBM lead architect, joins…
Zodia moves into Japan with SBI
Zodia Custody, the UK-based crypto asset servicing provider for institutional investors, and SBI Digital Asset Holdings Co., Ltd. have entered into definitive agreements to launch a joint venture in Japan. Subject to anti-trust and foreign direct investment clearances, and licences from the Japanese regulator, the Financial Services Agency, the joint venture will act as a…
Fed knocks back Custodia…again
Custodia, the Wyoming-based digital asset service provider, has expressed surprise and disappointment over the recent action by the Federal Reserve Board. Caitlin Long, chief executive officer of Custodia, said: “The Fed advised Custodia 72 hours ago that it could either withdraw its membership application or see it denied, and the Fed denied it in record…
Archax partners with METACO
Archax, the UK-based, FCA-regulated digital asset exchange, broker and custodian, has launched its custody service. Targeted at professional investors and institutions, the solution provides custody for a broad range of digital assets – from cryptocurrencies to NFTs to digital securities – as well as traditional securities and client cash. Archax is providing the service in…
Gemini expands geographic coverage
Italian, Portuguese, and Turkish-speaking clients can now interact with the Gemini web and mobile applications in their preferred languages to deposit, trade, and custody over 100 cryptos. Gemini is now available in more than 70 countries.