Tags : Custody


Regulation

MakerDAO Votes to Custody $1.6 Billion in USDC With Coinbase

Coinbase will custody $1.6 billion value of MarkerDAO’s USD Coin (USDC) treasury with its institutional-grade service, permitting the DAO to earn as much as 1.5% rewards on the funds. The proposal was ratified with 75% of the votes in favor on Monday afternoon after Coinbase Institutional submitted it on September 6. The USDC represents one-third […]Read More

Regulation

BNY Mellon Launches Bitcoin, Ethereum Custody Companies for Funding Corporations

BNY Mellon will start holding Bitcoin and Ethereum on behalf of its prospects with software program developed alongside crypto custody supplier Fireblocks. The service goes dwell on the financial institution’s accounting platform as we speak for choose funding companies, based on a report in The Wall Street Journal. This implies BNY Mellon will retailer shoppers’ […]Read More

Litecoin

Nasdaq To Launch Institutional Crypto Custody Service: Report

Nasdaq is reportedly planning to launch its personal crypto custody service, as Wall Avenue tries to seize institutional investor curiosity amid the continuing crypto winter. In keeping with sources who spoke to The Block and Bloomberg, the change supplier will initially provide custody companies for Bitcoin and Ethereum to institutional buyers, corresponding to hedge funds. […]Read More

Bitcoin

Celsius CEO Mashinsky Proposes Resurrecting Platform As A Digital Asset

The saga that has been Celsius’ downfall this yr has been properly documented. CEO Alex Mashinsky has been a focus of crypto critics after his engagement in ‘taking on‘ Celsius’ crypto technique within the eleventh hour earlier than the platform’s pseudo-shutdown. That isn’t slowing down a persistent Mashinsky, who, regardless of enduring a slew of […]Read More

Cryptocurrency

Coinbase chosen by BlackRock; present Aladdin shoppers entry to crypto

Tl;dr: Coinbase and BlackRock to create new entry factors for institutional crypto adoption by connecting Coinbase Prime and Aladdin By Brett Tejpaul, Head of Coinbase Institutional and Greg Tusar, Vice President, Institutional Product Over the previous few years, Coinbase has performed a central function in growing and strengthening crypto markets because the most secure, most […]Read More

Cryptocurrency

Crypto custody platform Fireblocks integrates safety token issuance answer from

Fireblocks, a supplier of blockchain asset and crypto custody know-how, right now introduced it has built-in Tokeny into its platform. The combination will allow shoppers of Fireblocks the power to mint and handle permissioned tokens comparable to digital securities, stablecoins, and loyalty packages throughout apps, fee networks, and extra. Now, with Tokeny’s product suite underscored […]Read More

Bitcoin

Citibank, Swiss Crypto Agency Associate To Develop Bitcoin Custody Providers

Citibank, a significant world banking establishment, revealed on Wednesday that it has employed Switzerland-headquartered crypto custody agency Metaco to determine a digital asset custody platform. The collaboration will concentrate on tokenized securities, that are representations of shares and bonds which might be transferred and settled utilizing blockchain expertise, in response to an e mail from […]Read More

Cryptocurrency

Hex Belief provides help for Polygon (MATIC) to allow licensed

Hex Belief, a licensed and insured supplier of bank-grade custody and related companies for crypto-assets in Asia, introduced immediately it has efficiently built-in Polygon, the full-stack scaling answer for Ethereum, into its crypto-asset custody platform Hex Protected. In consequence, Hex Belief now gives totally licensed and highly-secure custody for Polygon’s native token (MATIC) with plans […]Read More

Litecoin

MetaMask Institutional Provides Ethereum Gnosis Protected, Custody Choices for DAOs

The cryptocurrency pockets MetaMask, produced by ConsenSys, is including 4 totally different platforms for asset administration to its institutional pockets product. The 4 platforms built-in—all specializing in crypto asset custody and safety—are Gnosis Protected, Hex Belief, Parfin, and GK8. MetaMask, which has over 30 million month-to-month energetic customers, is probably mostly recognized for its particular person […]Read More