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CryptoCurrency
OKX, Forteus, and Komainu Collaborate for 24/7 Institutional Crypto Trading
2024-11-27T11:16:03.728+02:00
Komainu secures assets and enables off-exchange settlement for Forteus on OKX.
Custody services integration reduces counterparty risks for institutional traders.
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CryptoCurrency
OKX Chooses Standard Chartered as Custodian for Institutional Crypto Services
2024-10-29T11:19:32.639+02:00
A report shows rising institutional interest in digital assets, with 80% of hedge funds using custodians.
Recently, the exchange launched its platform for institutional and retail investors in the UAE.
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CryptoCurrency
bitFlyer Swallows FTX Japan Whole: Plans to Enhance Crypto Custody and ETF
2024-07-26T15:53:48.332+02:00
Upon acquiring FTX Japan, the firm plans to rebrand it by August 26, 2024.
FTX Japan had $134 million in segregated assets and more assets than liabilities.
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CryptoCurrency
Copper Sets Sights on Securities to Woo Institutional Investors
2023-11-29T10:41:52.139+02:00
Copper, led by ex-Chancellor Hammond, expands into securities to attract institutional investors.
The firm integrates blockchain for trading efficiency, following its crypto custody success.
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CryptoCurrency
BitGo Expands Crypto Services with HeightZero Acquisition
2023-10-17T22:58:35.827+02:00
The firm's CEO, Mike Belshe, has urged wealth managers to embrace crypto before the expected ETF approval.
HeightZero has enabled wealth managers to include cryptocurrencies in their clients' portfolios.
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CryptoCurrency
BitGo Defies Crypto Turmoil: Secures $100M Funding for Custody Services
2023-08-16T19:53:52.357+02:00
The funding increase placed the crypto custodian at a valuation of USD $1.75 billion.
The company attributed the successful funding round to its focus on regulation.
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CryptoCurrency
Prime Trust Unravels: Files for Bankruptcy after Acquisition Intent Fails
2023-08-15T20:13:40.490+02:00
The regulators shut the crypto custodian due to alleged fiduciary breaches.
Former Bank of Nevada's President to lead restructuring efforts.
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CryptoCurrency
Troubled Crypto Custodian Prime Trust Might Cut 75% of Jobs: Report
2023-08-11T20:55:30.659+02:00
A court in Nevada recently placed the firm under receivership.
The firm cut a third of its workforce in January, according to CoinDesk.
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CryptoCurrency
Crypto Custody Provider BitGo Ditches Plan to Acquire Rival Prime Trust
2023-06-22T22:43:02.395+02:00
The rival companies reached a preliminary agreement earlier this month.
Prime Trust has ceased all deposits of fiat and crypto assets.
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