Tag Archives: Custody

Coinbase Custody Announces Support for Ripple’s XRP

As declared a month earlier [Oct 15th] by Coinbase Custody, it has officially added RippleLabs’ speedy coin XRP support for the custodian services. Also, the USDC stablecoin will hit next the guarding branch of the crypto-leading firm – according to a Medium blog post. With the target towards institutional investors-custodian services, the project condition before a user or group/firm is… Read More »

Canadian Bank Announces Digital Safety Deposit Box for Crypto Exchanges and Investment Funds

VersaBank, formerly Pacific & Western Bank of Canada, announced one of its subsidiaries has completed beta testing for its digital safety deposit box and is now entering the commercialization phase, which will include the offering of digital safe keeping as well as multi signature services for cryptocurrency exchanges and crypto-based investment funds. Canadian VersaBank Announces Digital Safety Deposit Box for… Read More »

We Will Provide Missing Link for Institutional Investors, Says Fidelity Crypto Head

The president of Fidelity Digital Asset Services has spoken about the company’s plans in an interview, such as the decision not to launch an in-house exchange, how it intends to attract more institutional investors, and why it’s crypto offering is focused on custody and trade execution. Crypto Paired with More Traditional Financial Models In his interview with Laura… Read More »

Regulatory Green Light: Coinbase Custody to Launch in New York State

In spite of Jeremy Allaire’s cries for the G20 to manage the crypto industry with global action, the startups backing this nascent industry have continued to rapidly gain regulatory traction in New York State, arguably the world’s foremost financial market. New York Regulator Awards Coinbase With Custodian License When it comes to financial capitals of the world, there… Read More »

Multinational Security Firm Launches Cryptocurrency Custodial Solution

G4S, a multinational security company based in the UK has developed a “high-security” offline storage solution for cryptocurrency and other digital assets. Relying on its expertise in securing high-valued items and its risk consulting experience, G4S is delving into the crypto industry to offer secure, cold storage for virtual currencies. G4S’s Security Solution for Storing Cryptocurrencies Mainstream adoption… Read More »

Goldman Sachs and Mike Novogratz Invest in Cryptocurrency Startup BitGo

BitGo, a company which provides institutional-grade investors with compliance, security, and custodial solutions for cryptocurrencies has closed its Series B funding round bringing in $58.5 million. Goldman Sachs and Novogratz’ Galaxy Digital Ventures LLC contributed with $15 million of said amount. Investing in a $1 Trillion Cryptocurrency Wallet In an official release from today, BitGo disclosed that it… Read More »

Crypto Custody Provider Bitgo Adds Stellar Lumens (XLM), Dash

Startup BitGo Now Accepts Stellar Lumens, Dash Tokens In Fortune’s most recent episode of Balancing The Ledger, the outlet’s fintech-focused video series, Palo Alto-based BitGo revealed that it intended to launch custody support for two popular altcoins by the end of the week. Revealed by the startup’s CEO himself, Mike Belshe, Stellar Lumens (XLM), the native token of… Read More »

BitGo Adds Stellar Lumens and Dash, CEO Says They Offer Unique Features

BitGo, a major Palo Alto-based cryptocurrency startup, is adding Stellar Lumens (XLM) and Dash (DASH) to its list of cryptocurrencies that it offers custodian solutions for, signaling that the two cryptocurrencies are seen as being unique and practical enough to pass the company’s selective coin addition process. Customers will be able to generate wallets for Dash, a spin-off… Read More »

Gemini Exchange Hopes to Appeal to Institutional Cash with Asset Insurance

The Gemini cryptocurrency exchange platform has managed to secure insurance for its customers’ cryptocurrency holdings. The development should help the firm avoid the kind of hacks that have occurred against some of the industry’s other big names in recent years. Gemini Ramps Up Security Measures for Crypto Custody The news of Gemini’s new digital assets insurance was sent… Read More »

Wall Street And Crypto: A Brief Overview

Despite The Market Correction, Institutions Are Interested Despite 2018’s market tumble, Wall Street institutions are still showing interest in offering crypto-related products, services, and solutions that are aimed at retail and corporate clients alike. As pointed out by the most recent issue from Diar, a fintech-focused publication that provides in-depth analysis of the cryptocurrency and blockchain markets, the foremost… Read More »