Month: June 2023

Archax, the FCA-regulated digital asset exchange, broker, and custodian, has appointed Ben Zennou as head of crypto sales. Reporting to the CRO, Zennou will be responsible for leading the company’s continued growth in crypto markets, including the establishment of an OTC desk to complement the existing crypto exchange and custody offerings. Zennou was previously managing…

Tetra Trust Company, the Canada-based provider of secure digital asset custody solutions, has launched its Customer Administration Portal. This platform aims to transform the way clients interact with their digital assets by offering a comprehensive suite of features and tools for seamless management. Key features of the initial release include: Tetra Vault and banking partner…

BitGo Holdings, Inc., a provider of solutions for the digital asset economy, has signed a non-binding term sheet to acquire 100pct of the equity of Prime Core Technologies, Inc., the parent company of Prime Trust, the struggling provider of financial infrastructure for fintech and digital asset innovators. Under the proposed transaction: Prime Trust’s Nevada Trust…

Metaco, the Swiss-based provider of digital asset custody and tokenisation technology which was recently acquired by Ripple, has joined forces with GFT, combining Metaco’s Harmonize platform with GFT’s smart contract, DLT network development and integration services. The two companies aim to provide integrated digital asset solutions that are suitable for all kinds of companies operating…

OKX, the world’s second largest cryptocurrency exchange by trading volume, has joined Komainu Connect, the collateral management platform provided by Komainu, which enables institutional clients to conduct secure 24/7 trading of segregated assets under custody through the OKX platform. Komainu Connect reduces client counterparty risk by removing the need to store collateral with trading counterparties,…

Hex Trust, the Asia-based provider of institutional-grade digital asset custody, has partnered with Rationarium, a full-stack cloud-based SaaS solution for Web3 and blockchain businesses. Rationarium has appointed Hex Trust as its digital asset custodian and will also use Hex Trust’s trading services. Rationarium will use Hex Safe, the bank-grade platform for securing and managing digital…