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…
Year: 2023
OKX joins Komainu Connect
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,…
Rationarium partners with Hex Trust
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…
Etana appoints Dennis Noto as CTO
Etana Custody, a U.S.-based, regulated provider of multi-asset custody and support services, has appointed Dennis Noto as chief technology officer. Noto joins Etana from previous roles as CTO at several financial technology companies, including IBM, LPL Financial, and Scottrade. Etana Custody is a regulated trust company that offers a technology platform that provides exchanges, institutions,…
Ripple acquires Metaco
Ripple, the UK-based fintech specialising in enterprise blockchain and crypto solutions, has acquired Metaco, a Swiss-based provider of digital asset custody and tokenisation technology. Ripple, which has primarily operated in the cross-border payments space, will expand its offerings, providing clients with the technology to issue, settle and safekeep any type of tokenised asset. Metaco will…
Crypto Finance launches crypto ETPs
Crypto Finance AG, part of Deutsche Börse Group, and a provider of institutional-grade investment solutions, custody, and brokerage for digital assets, has launched two crypto ETPs. The two ETPs, CF Crypto Momentum ETP and CF Crypto Web 3.0 ETP, will complement Crypto Finance’s range of regulated crypto investment funds. Both ETPs have been listed in…
Copper hires NED and CCO
Copper.co, the UK-based provider of institutional digital asset custody and collateral management, has appointed Jim Turley as a non-executive director, and Stephen Strickland as chief compliance officer. Turley joins the Copper board after three years as executive chairman of Fnality International, a bank consortium which is working to produce a regulated digital payment leg for…
Talos links with Coinbase Prime
Talos, the U.S.-based provider of institutional digital asset trading technology, has formed an integration with Coinbase Prime, an institutional platform for secure custody, advanced trading, and prime services, to expand access to the digital asset ecosystem for both firms’ clients. As a result of the integration, Talos clients now have direct connectivity to Coinbase Prime…
Zodia raises USD36m
Zodia, Standard Chartered’s crypto custody business which is supported by Northern Trust, has raised USD36m as part of a Series A funding round led by SBI Holdings, a Japan-based venture capital fund manager. Standard Chartered remains the majority owner.
Bitstamp extends partnership with Copper
Bitstamp, the cryptocurrency exchange, has extended its partnership with Copper, the UK-based provider of institutional digital asset custody, collateral management and settlement solutions, to integrate with its ClearLoop network. The partnership will give institutions access to off exchange settlement, designed to mitigate exchange counterparty and insolvency risks. The network will now enable institutional clients to…