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OKX picks Standard Chartered as its institutional crypto custodian

OKX announces partnership with Standard Chartered to offer crypto custody services to institutional clients. Standard Chartered has a strong presence in the crypto industry. A trading desk and custody solution…

Ripple files cross-appeal challenging SEC’s XRP institutional sales ruling

Stuart Alderoty, Ripple’s chief legal officer, said “the SEC can’t submit new evidence or ask us to produce more” Ripple’s Form C requests that each issue is subjected to a…

Paxos integrates with Arbitrum for institutional on-chain assets adoption

Paxos integrates with Arbitrum to expand institutional adoption of on-chain assets. The partnership enhances real-world asset tokenization using Arbitrum’s low-cost network. Paxos focuses on stablecoin growth post-SEC inquiry, driving long-term…

Lif3 partners with BitGo to Enhance Blockchain Security for Institutional DeFi Assets

Road Town, British Virgin Islands, March 13th, 2024, Chainwire Lif3 (LIF3/USD)(LIF3/USDt), the revolutionary multi-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom, is thrilled to announce…

Coinbase launches spot trading for non-US institutional clients

Coinbase has announced the launch of non-US spot markets for institutional investors. Eligible non-US institutional investors will access BTC/USDC and ETH/USDC as from December 14, 2023 on Coinbase International Exchange.…

Institutional traders favour Bitcoin and Ethereum while whales eye this new AI crypto

In the crypto world, there’s a noticeable shift in how big investors are playing the game. Institutional traders are increasingly leaning towards Bitcoin and Ethereum as safer choices, as shown…

Bitfarms announces C$60M private placement with US institutional investors

Bitfarms’s C$60 million private placement with US institutional investors closes on or about November 28. The Canadian bitcoin mining firm will use the proceeds to acquire buy more miners and…

OKX partners with Komainu and CoinShares for institutional segregated asset trading

OKX teams up with Komainu and CoinShares for institutional asset trading. CoinShares trades on OKX, while Komainu safeguards assets, mitigating counterparty risks. The collaboration establishes a legally robust mechanism, enhancing…

Crypto sees $66M in institutional inflows amid Bitcoin spike

Bitcoin products saw $55.3 million in inflows, short bitcoin products recorded $1.7 million. BTC price rose to highs above $35k amid speculation around a spot Bitcoin ETF. In altcoins, Solana…

Grayscale to convert its Ethereum Trust to a spot ETH ETF: Will that boost institutional interest in altcoins

Key takeaways Grayscale has filed to convert its Ethereum Trust to a spot ETH exchange-traded fund (ETF). Shiba Memu’s presale has now officially surpassed the $3.5 million mark. The cryptocurrency…