“As more and more institutions look to add crypto services into their offerings, we find ourselves at an inflection point,” Anchorage co-founder Diogo Mónica said in a statement, “This funding positions Anchorage Digital to meet the unprecedented institutional demand for this rapidly evolving market.” Source link … [Read more...] about Crypto Custody Firm Anchorage Raises $350M Funding at $3B Valuation
Custody
Fidelity Launches Canada’s First Institutional Bitcoin Custody Service
Fidelity Clearing Canada ULC (FCC) has become Canada’s first regulated entity to offer bitcoin custody and trading services for institutional investors.“The demand for investing in digital assets is growing considerably and institutional investors have been looking for a regulated dealer platform to access this asset class,” Scott Mackenzie, FCC’s president said in a statement … [Read more...] about Fidelity Launches Canada’s First Institutional Bitcoin Custody Service
BitGo Tops $64B Under Custody as COO Cassie Lentchner Takes Over as ‘Trust’ President
“Institutional custody is not the same as retail custody,” Mike Belshe, CEO of BitGo, said in a statement. “BitGo Trust Company was designed from the ground up to meet the needs of institutional investors, and it is the only independent qualified custodian focused on building the right market structure and facilities to enable institutions to enter the digital asset space with … [Read more...] about BitGo Tops $64B Under Custody as COO Cassie Lentchner Takes Over as ‘Trust’ President
Amazon Web Services Looks to Drive Crypto Settlement and Custody to the Cloud
The infrastructure giant wants to hire a Financial Services Specialist to work with global financial institutions and innovative fintechs, and “transform the way they transact digital assets (ex. cryptocurrencies, CBDCs [central bank digital currencies], stable coins, security-backed tokens, asset-backed tokens and NFTs [non-fungible tokens]) from price discovery to execution, … [Read more...] about Amazon Web Services Looks to Drive Crypto Settlement and Custody to the Cloud
Crypto Custody Firm Ledger Expands Institutional Footprint in Switzerland and UK
“If you think about the technology companies that are offering custody technology, most of LedgerVault’s competitors are in Switzerland,” said Ledger CEO Pascal Gauthier in an interview. “If you look at Swiss banks, they understand custody and cybersecurity better than your average financial institution, and Switzerland is very advanced compared to other places.” Source link … [Read more...] about Crypto Custody Firm Ledger Expands Institutional Footprint in Switzerland and UK