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The financial technology company Ripple has selected The Bank of New York Mellon to oversee the reserves backing its US dollar stablecoin, as demand surges upwards.
An internal trial being conducted by Banca Sella focuses exclusively on crypto custody, with no plans for trading services.
Brett Reeves from BitGO shares vital insights on crypto custodianship at the Nordic Blockchain Association, advocating for diversification among service providers.
Sygnum has expanded its custody services by partnering with Deribit to provide a seamless integration with Fireblocks' Off Exchange service.
Taurus, a cryptocurrency custody firm, has entered the Turkish market by collaborating with BankPozitif to provide institutional-grade digital asset services.
Two major banking institutions, State Street and Citi, have entered the cryptocurrency custody arena, potentially reshaping the market.
A report reveals the distrust in centralized custody after Bitcoin holders react to BitGo sharing custody with BiT Global.
Copper has announced the availability of custody services for tokenized money market funds, including BlackRock's BUIDL, following approval from Abu Dhabi's Financial Services Regulatory Authority.
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