Ripple finalizes acquisition of Standard Custody
Ripple has completed the acquisition of Standard Custody & Trust Company, according to a news release published on Tuesday. The news comes months after Ripple revealed its intention to acquire…
BCB Group migrates its digital asset custody operations to Ripple’s Metaco platform
BCB Group migrates custody to Metaco’s platform, enhancing security and governance. Ripple’s strategic acquisition of Metaco strengthens its position in the crypto industry. The collaboration aims to drive innovation and…
Binance executive held in Nigeria reportedly escapes from custody
One of the two Binance executives held in Nigeria has reportedly escaped from custody, according to a local media outlet. Binance is the world’s largest crypto exchange by trading volume…
Zodia Custody secures TCSP license in Hong Kong
Zodia Custody (HK) has received the Trust or Company Service Provider (TCSP) license. The Standard Chartered-backed digital assets custody platform will offer regulated services to institutional clients. Zodia Custody (HK),…
Ripple to acquire Standard Custody & Trust Co. to expand US presence
Ripple acquires Standard Custody & Trust Co. to bolster US presence and regulatory compliance. The acquisition enables Ripple to expand service offerings, including asset tokenization and custody solutions. The move…
HSBC to launch digital asset custody services in collaboration with Metaco
HSBC plans to offer digital asset custody services for institutional clients. The bank will offer the custody services in collaboration with Metaco, a DeFi firm owned by Ripple. The custody…
Deutsche Bank taps Swiss crypto firm Taurus for custody services
Deutsche Bank will offer crypto custody services for institutional investors. Deutsche Bank in a World Economic Forum paper in 2020 expressed intentions of offering crypto trading. The bank has however…
South Korean Hana Bank and BitGo to launch joint crypto custody venture
Hana Bank and BitGo are expected to launch a crypto custody service in the second half of 2024. Hana Bank is interested in having tokenized deposit technology replace central bank…
Nasdaq suspends the launch of its own cryptocurrency custody
Nasdaq had announced it will launch the crypto custody services before the end of Q2, 2023. The global securities marketplace has however suspended launching the services. Nasdaq has cited the…
CACEIS Bank secures France’s first crypto custody licence
CACEIS Bank is the asset servicing unit of Crédit Agricole and Santander. The company is registered as a Digital Assets Service Provider by France’s Financial Markets Authority. The approval allows…