News list for " crypto trust"
Crypto custodian company BitGo Inc. has launched a global digital asset over the counter (OTC) business at the same time as it plans to go public. The expansion comes amid growing demand for cryptocurrencies from institutional investors, such as hedge funds. As one of the largest digital asset custodians in the United States, BitGo primarily helps investors store their digital assets. According to people familiar with the matter earlier this month, the company is considering a...
Copper Technologies, a London-based crypto custodian company, has withdrawn its request to register with the UK financial regulator and instead focused on overseas markets. The decision follows the appointment of Amar Kuchinad, the company's new chief executive, who will seek licences or self-regulatory approvals in places such as Switzerland, Hong Kong and Abu Dhabi. Copper had planned to expand to the US after Mr. Trump's election to apply for custody or money transfer licences.
Zodia, a crypto custody company under Standard Chartered, has established a strategic partnership with Wah Win Holdings, a virtual asset solutions financial services company, which will provide customers with bank-grade and regulatory-compliant custody services. Zodia Custody provides Wah Win with solutions including wallet management and asset protection to support the development of Hong Kong's digital asset ecosystem.
On November 4th, according to Bloomberg, Julian Sawyer, CEO of Standard Chartered crypto custodian Zodia Custody, said in an interview that the company is seeking $50 million in funding from investors to fuel its plans to enter new regions and expand its product range. Sawyer added that while Zodia is currently backed by a number of wholesale finance firms, it now hopes to attract more different types of investors, including payments and tokenization firms; and cryptocurrency-focused consulting ...
Bitcoin Suisse has removed crypto escrow fees for USDC holdings, effective immediately. This move allows customers to store their USDC holdings in their Bitcoin Suisse online accounts for free.
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