MJ Hudson, the UK-based solutions provider to the asset management industry, has introduced a new custody benchmarking service specifically for clients investing in digital assets. The new service will benchmark the capabilities of major custodians for key themes across digital asset custody provision, including strategy and commitment, digital asset coverage, fraud prevention, private key management,…
Category: Headlines
3iQ partners with Coinbase and Tetra Trust
3iQ Digital Asset Management has joined forces with Coinbase and Tetra Trust Company in an effort to expand the exchange-traded product ecosystem for digital assets in Canada and generate further interest from the investment community. As part of the agreement, Coinbase and Tetra will act as custodians for 3iQ’s ETPs, including the 3iQ CoinShares Bitcoin…
Talos & Lukka collaborate
Talos, a provider of institutional digital asset trading technology, and Lukka, a provider of enterprise software and data products, plan to integrate their products to scale end-to-end crypto asset transactions. The integration gives Talos users access to Lukka’s crypto asset data management, valuation, and reporting solutions. Lukka and Talos have established interoperability between Talos’ end-to-end…
SGSS expands crypto services
Société Générale Securities Services has expanded its range of services for asset management companies wishing to develop professional funds based on crypto currencies. SGSS now offers fund custody, valuation and liability management services. SGSS’s new service has been adopted by Arquant Capital SAS. Arquant, licensed by AMF, is launching a range of specialised professional funds…
Copper selects Fenergo for CLM & AML
Fenergo, the Ireland-based provider of KYC and client lifecycle management (CLM) software solutions for financial institutions, has been appointed by Copper.co, a UK-based provider of custody, trading and settlement services for digital assets, to deploy its SaaS-based CLM and AML solution to onboard increasingly complex client ownership structures. Copper’s clients range from institutional asset managers,…
Protego hires new CEO
Protego Trust Bank N.A., a federally chartered trust bank (in formation) serving the digital asset needs of institutional investors, has appointed Ron Totaro as CEO. Most recently, he served as CEO of Tassat Group, where he led the company to become a provider of blockchain-based, real-time payment solutions enabling banks to tokenise U.S. Dollar deposits…
Anchorage adds to coverage
Anchorage Digital has partnered with GMO-Z.com Trust Company to offer institutional investors custody and trading services for GYEN, the world’s first regulated Japanese Yen-backed stablecoin. GMO-Z.com Trust Company, Inc. is the U.S.-regulated stablecoin subsidiary of Japanese financial services and internet conglomerate GMO Internet Group. GYEN is the first JPY stablecoin approved by the New York…
PolySign hires chief revenue officer
Ray Kamrath has joined PolySign as chief revenue officer. PolySign owns Standard Custody & Trust Company and acquired MG Stover earlier this year.
Arslanian joins Hex Trust advisory board
Henri Arslanian has joined the Hex Trust advisory board. Arslanian is the former PwC crypto leader and partner, the former chairman of the FinTech Association of Hong Kong and an adjunct professor at the University of Hong Kong where he teaches the first fintech university course globally. He advises many crypto exchanges, investors, financial institutions…
BEQUANT joins Bosonic Network
Bosonic, the U.S.-based dFMI business, has announced that BEQUANT, an institutional prime broker and exchange, has joined the Bosonic Network. BEQUANT specialises in offering institutional client-focused solutions, enhanced by an institutional trading platform that provides low-latency access to liquidity, and direct market access for investors across 13+ CeFi exchanges and two new DeFi protocols.