Standard Custody & Trust Company, the regulated limited purpose trust company and qualified custodian owned by PolySign, is working with GSR Markets Limited, a digital asset liquidity provider and trading firm, to support its escrow services. Standard Custody has created an escrow solution that clients are leveraging through its collaboration with GSR and other trading…
Year: 2023
Hex Trust gains DASP status in France
Hex Trust, the Asia-based digital asset custodian, has obtained the Digital Asset Service Provider (DASP) registration granted by Autorité des Marchés Financiers and Autorité de Contrôle Prudentiel et de Résolution in France. The DASP registration enables Hex Trust to provide services including digital asset custody, the purchase/sale of digital assets for legal tender, and the…
Tetra aligns with Figment
Tetra Trust Company, a Canadian provider of digital asset custody, has formed a partnership with Figment, a staking infrastructure provider. Figment serves over 250 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders.
Standard Custody partners with L1
Standard Custody & Trust Company, a NYDFS chartered company providing institutional-grade custody, escrow, and settlement services for digital assets, has formed a partnership with L1 Advisors, an onchain wealth management platform for financial advisors and their clients. The collaboration provides financial advisors with a hybrid approach to digital asset custody, management, and advisory. The bundled…
Hex Trust to support Celestia
Hex Trust, the Asia-based digital asset custodian, has been appointed to support Celestia at its upcoming mainnet launch and token generation event (TGE). Celestia is a modular consensus and data network, built to enable anyone to easily deploy their own blockchain with minimal overhead. Hex Trust has been appointed as the sole licensed custodian from…
Entrustody hires Brian Kutmas
Entrustody., a U.S.-based digital custody platform for investment advisors, has appointed Brian Kutmas as its SVP of product and technology. Kutmas was previously vice president of product at ContinuumCloud.
Zodia appoints sales head for Europe & MENA
Zodia Custody has appointed Gary Afentakis as head of sales for Europe & MENA. He was previously at Matrixport.
Archax hires Ben Zennou to head crypto sales
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 launches client portal
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 negotiating to buy Prime Trust parent
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…