Year: 2023

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…

Talos, the U.S.-based provider of institutional digital asset trading technology, has partnered with Formidium, which provides digital assets fund administration services. Talos end-users worldwide – institutional investors on the buy-side and the sell-side, including traditional finance and crypto-native firms – can now leverage Seamless Digital, Formidium’s advanced digital assets and tax accounting platform. Seamless Digital…

BitMart, a global digital asset trading platform, will partner with Copper, the UK-based digital assets custodian, joining its ClearLoop network, subject to contracts and the completion of technical integration. The settlement solution will offer BitMart’s institutional clients the ability to trade on the BitMart exchange whilst their funds remain in Copper’s custody, thus mitigating counterparty…

Parfin, the LatAm-focused digital assets service provider, has raised USD15m to provide web3 infrastructure solutions to Latin America. The fundraising was led by Framework Ventures and also sees participation from Alexia Ventures and Valor Capital Group, as well as L4 Venture Builder, the Brazilian stock exchange’s investment fund, subject to final approval. Founded in 2019,…

SEBA Bank, a FINMA regulated, licensed digital assets bank, has launched a new offering, aiming to simplify crypto banking for its clients, whether traditional or crypto-savvy investors. Clients can choose between three programs. The Gold and Platinum programs offer professional investors access to institutional-grade crypto and traditional financial services, while the Corporate program is aimed…

Taurus, the Switzerland-based provider of digital asset services, has been selected by Capital Union Bank, an independent private banking institution headquartered in the Bahamas, as its strategic partner for its digital asset offering. Taurus and Capital Union Bank’s collaboration is already in production and covers the custody of digital assets for the bank’s private, professional…

Bybit, which claims to be the world’s third most visited crypto exchange, has established a partnership with Copper.co, the UK-based provider of institutional digital asset custody and trading solutions, to offer custodial and settlement services for Bybit’s institutional clients via Copper’s ClearLoop service. Subject to contract, Bybit expects to go live with the ClearLoop service…

Zodia Custody, the UK-based crypto custody service from Standard Chartered in association with Northern Trust, has appointed Julian Sawyer as its new chief executive. Sawyer takes over from Maxime de Guillebon, who was seconded from Standard Chartered’s innovation unit, SC Ventures, in 2020. Sawyer was most recently CEO of Bitstamp, a crypto exchange.