Protego Trust Bank N.A., a federally chartered bank exclusively serving the digital asset needs of institutional clients, has appointed five new members to its now 11-person advisory board. Cris Conde co-founded financial technology software business Devon Systems and led its successful sale to SunGard, which he subsequently ran and took private in a record-breaking LBO…
Category: Headlines
Hex Trust integrates Polygon
Hex Trust has integrated Polygon, the full-stack scaling solution on Ethereum, into its digital asset custody platform, Hex Safe. As a result, Hex Trust now offers fully licensed and highly secure custody for Polygon’s native token (MATIC) with plans to support non-fungible tokens and the full stack of services built on Polygon. The integration enables…
Bosonic forms custody working group
Bosonic, the U.S. based financial market infrastructure (dFMI) business, has formed the Bosonic Cross-Custodian Net Settlement (CCNS) working group with several of the industry’s leading digital asset custodians, exchanges and banks. The industry group will be led by Bosonic and will include a worldwide network of digital asset custodians such as First Digital in Hong…
Copper offers NEAR custody support
Copper.co, the UK-based crypto services provider, now offers custody and staking support for NEAR, the native asset of NEAR Protocol, the layer one blockchain. The custody integration allows Copper’s institutional clients to securely hold NEAR through its custody platform, which leverages advanced multi-party computation (MPC) cryptography to remove the critical attack vector of private keys.…
Fireblocks certified by ISO in three categories
Fireblocks, the provider of digital asset and crypto technology, has been certified by the International Organization for Standards (ISO) in the categories of security (ISO 27001), cloud (ISO 27017) and privacy (ISO 27018). Fireblocks claims that it is the only crypto tech company to achieve all three certifications.
Standard Custody offers SOL staking
Standard Custody and Trust Co., a subsidiary of PolySign, has partnered with Figment, Blockdaemon, and other staking providers to provide institutional clients with the ability to stake Solana (SOL) directly from Standard Custody’s cold storage custody solution and generate passive yield. Client funds are kept in Standard Custody’s cold storage solution and staked using validators…
Zodia hires Richard Clark to head sales
Richard Clark has joined Zodia Custody as head of sales & partnerships. Zodia Custody, which is registered in the UK by the FCA as a crypto asset business, is owned by Standard Chartered in association with Northern Trust. Clark previously spent 15 years at Merrill Lynch.
Mercari selects METACO
Mercari, which operates a licensed Australian Tier 1 wholesale financial derivatives exchange, has selected METACO, the Swiss-based provider of digital asset custody services, to launch its institutional digital asset custody operations. Mercari is deploying its technology on IBM Cloud. Mercari will use METACO’s digital asset custody and orchestration platform, Harmonize.
Copper granted VQF membership in Switzerland
Copper.co, the UK-based provider of institutional digital asset custody and trading solutions, has been approved for membership of the Swiss Financial Services Standard Association (VQF) through Copper’s Swiss entity. Copper’s VQF membership provides assurance to its clients regarding the robustness of its compliance with the Swiss Anti Money Laundering Act. VQF is the largest and…
Bosonic launches PvP solution
Bosonic, the U.S.-based decentralised Financial Market Infrastructure (dFMI) business, has launched Bosonic Enterprise Solutions, a clearing and settlement capability for digital assets that removes the dependency on bilateral credit or a central counterparty. The capability has been launched to meet the growing demand from a range of clients, including regulated financial market infrastructure organisations and…