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Powerhouse Dutch bank and financial services firm ING is one of the largest banks in the world. Where it goes, peers and smaller companies are likely to follow. That’s why major intrigue came along with a new report from Reuters last week, wherein the outlet said discussions with anonymous ING insi..
News Fidelity Digital Asset Services, LLC (FDAS) has procured a charter from the New York State Department of Financial Services (NYDFS) to operate a virtual currency custody and execution platform. Per a Nov. 19 press release, the NYDFS authorized FDAS to operate as a limited liability trust comp..
Intercontinental Exchange (ICE) owns and operates some of the largest exchanges around the globe, including the New York Stock Exchange. Now, its bitcoin arm Bakkt has opened the doors of its custody services to all the institutions of the world. In operating as a limited liability trust company in..
News American financial services company Fidelity Investments has fully launched its cryptocurrency custody service. Abigail Johnson, CEO of Fidelity Investments, revealed the development in an interview with the Financial Times published on Oct. 18. Johnson said that the company is ready to roll ..
Coinbase Custody today announced that it has acquired Xapo’s institutional business, making it the largest crypto-custodian in the world. The acquisition brings Assets Under Custody (AUC) to over $7 billion, servicing over 120 clients in 14 countries. Innovation In Cryptocurrency Custody Xapo is a ..
Over the past year, there’s been a whole lot of hubbub about TD Ameritrade’s dealings with Bitcoin and cryptocurrency. In 2018, the retail brokerage, which services over 11 million clients that hold over $1 trillion worth of assets, backed a crypto upstart going by Eris Exchange (ErisX). This led ..