Crypto Asset Manager Algoz Taps Standard Chartered-Backed Zodia Custody for Safer Investing
Algoz will use Zodia’s Interchange service to offer off-venue settlement and mitigate risks around liquidity and insolvency.
Custody
U.S. Strategic Bitcoin Reserve to Be Funded Partly by Revaluing Fed’s Gold, Draft Bill Shows
U.S. Senator Cynthia Lummis, a Wyoming Republican, with a copy of her bitcoin reserve bill at the Bitcoin Nashville conference on Saturday, July 27. (Danny Nelson/CoinDesk)
Kraken’s Derivatives Arm Joins Copper’s Crypto Settlement Network
(l-r) Zodia Custody CEO Julian Sawyer, Kraken MTF CEO Mark Jennings, Komainu COO Suzanne Hubble (AIM Summit)
Crypto Custody for Advisors
Financial advisors seeking to navigate the crypto custody landscape must understand the full spectrum of crypto custody options, balancing innovation with risk management to optimize client portfolios.
Will Biden Get the Final Say Over a Controversial Crypto Accounting Rule?
Critics of SAB 121, introduced in March 2022, have called the rule “obscure,” a “diktat” and a “pernicious weed.”
Crypto for Advisors: Digital Asset Custody’s Future
Once they reach a certain level of sophistication, there’s a clear trend for Web3 asset holders to transition their digital asset wealth to self-custody.
Kraken Unveils Qualified Custody for Institutions in Crypto-Friendly Wyoming
Kraken Institutional operates under the exchange’s state-chartered banking license in Wyoming, attained back in 2020.
Crypto Custody Firm Cordial Systems Names Jump Crypto as Client as It Exits Stealth
Cordial Treasury gives all the software to the customer, not just a bit of a cryptographic key.
FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse
The bankrupt exchange’s unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList.
Crypto for Advisors: Unlocking Crypto Custody
As a financial advisor, it is crucial to understand that there is no one-size-fits-all approach to crypto custody. Instead, the most suitable solution depends on your client’s specific needs, goals, and risk appetite.