Every single bank will soon need to hold digital assets, says Zodia CEO Julian Sawyer
Sawyer confirmed that Standard Chartered’s full acquisition of the firm is on track to target a signing at the end of June and complete by the end of August.
Custody
Why Minnesota is empowering local banks to fight Wall Street for crypto revenue
A local banker told CoinDesk that in light of Wall Street’s aggressive push into the crypto industry, Minnesota’s financial institutions could not afford to remain on the sidelines.
Crypto custody firm Copper is looking to sell the company for $500 million
Cantor Fitzgerald has been appointed to help with the sale, according to sources.
Minnesotan banks and credit unions set to provide crypto custody Aug. 1
Minnesota established the midwest’s first unified digital asset safety net for banks and credit unions.
State Street Expands Custody to Tokenized Debt on JPMorgan’s Blockchain Platform
The inaugural transaction State Street anchored was a $100 million digital commercial paper issuance by OCBC.
KuCoin Allows Institutional Clients to Trade Without Having to Pre-Fund Wallets
The Seychelles-based exchange it working with crypto custodian BitGo Singapore, using its Go Network for off-exchange settlement.
Copper to Offer Custody Services for Tokenized Money Market Funds Such as BlackRock’s BUIDL
The crypto custodian’s clients can use money market fund tokens as collateral in derivatives trades after the company received approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi.
Crypto Custodian Copper Appoints Former SEC Advisor Amar Kuchinad as New Global CEO
Former CEO Dmitry Tokarev will continue as the board’s founder director.
Commerzbank to Offer Bitcoin, Ether Trading Through Crypto Finance
The service will be offered to existing Commerzbank corporate clients in Germany, and will start with bitcoin and ether trading.
Building Robust Digital Asset Custody Solutions: Key Considerations
Private blockchain, smart contracts, and specialized oracles – Mohammad Nauman, Director of Custody Engineering at Bullish explores the essential elements to consider when building a secure and efficient digital asset custody infrastructure.