Category: Headlines

Anchorage Digital has expanded in Asia, with institutional partners including Antalpha, Bitkub, Dream Trade, FBG Capital, GMO-Z.com Trust Company, and IOSG Ventures, which have selected its custody and bespoke offerings to safely participate in the digital asset market. U.S.-based Anchorage has a national-level bank charter which helps clients to meet or exceed national standards for…

Nexo, the UK-based regulated institution for digital assets, has acquired a stake in Hulett Bancorp (DBA Mode Eleven) and its federally chartered Summit National Bank, in a transaction that expands Nexo’s footprint in the U.S. The deal will allow Nexo to offer its U.S. retail and institutional clients services that include bank accounts, asset-backed loans,…

SDX Web3, the recently launched business unit of SIX Digital Exchange, is now live with its institutional custody service for crypto assets. The service is designed for institutional clients that want to scale their crypto asset business leveraging best-in-class back-end services and capabilities. It allows institutions to safely and cost-effectively store and transfer crypto assets…

Digivault, the UK-based digital asset custodian, has launched ExchangeConnect, a new service to safeguard crypto assets when trading on exchanges. The service enables clients to safely hold their assets within their Digivault FCA-registered custody account whilst trading with them on an exchange. Digivault ExchangeConnect is now available on Bitfinex, with more exchanges planned. When using…

EDX Markets, a start-up digital asset exchange backed by leading financial institutions including Fidelity and Charles Schwab, has formed a partnership with Paxos, the regulated blockchain infrastructure platform, that will enable institutional custody of traded assets for EDXM clients, and provide Paxos customers with direct access to this new ecosystem. Paxos’ enterprise platform will facilitate…

SWIFT has conducted two separate trials to prove that central bank digital currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure, a major milestone towards enabling their smooth integration into the international financial ecosystem. SWIFT claims that the findings solve the significant challenge of interoperability in cross-border transactions by bridging between different…

Clearstream has created a digital instrument on D7, Deutsche Börse’s digital post-trade platform. European issuers can now leverage the new infrastructure to issue digital securities. The first automated issuances were performed by LBBW and Vontobel, and facilitated by Clearstream, Deutsche Börse’s post-trade service provider. D7 is fully integrated within Clearstream’s global infrastructure and works as…

Talos, a provider of institutional digital asset trading technology, has made three key hires. Frank van Zegveld joins as head of sales EMEA, Matt Houston as client success director, and Hillary Conley as business development director. These appointments continue the global expansion of the Talos team on the heels of the company’s USD105m Series B…

GK8, the institutional-grade digital asset custody platform with DeFi, staking, NFT, and tokenisation support, has partnered with Bitbond, a tokenisation software provider, to offer clients an end-to-end token life cycle solution. The joint solution provides a one-stop shop where clients can securely issue, mint, burn, manage, store, and distribute, with an intuitive user interface. Moreover,…

Komainu, the C.I.-based digital asset custodian, has appointed Nicolas Bertrand as its CEO. His appointment follows the February 2022 announcement that Matt Chamberlain was to become CEO, which never happened. Bertrand brings over 20 years of experience in market infrastructure and digital assets, including more than a decade at Borsa Italiana and the London Stock…