Tag: Custody

Custody

BNY Mellon, Deutsche Bank, Unveil Restricted Currency Custody FX Solution

BNY Mellon and Deutsche Bank have jointly developed a new API-enabled FX solution they say can “dramatically improve confirmation times for restricted emerging-market currency trades”. The digital solution, initially being applied to custody FX transactions in Korean won, aims to reduce the pre-trade lifecycle to seconds from hours, minimising the operational burden and manual intervention […]

Aon, GK8 Partner for Insurable Digital Asset Storage

GK8, a high-security custody provider for digital assets, announces its product is now insurable via Aon UK Ltd, with insurance provided by a panel of insurers led by Arch Underwriting at Lloyd’s Syndicate 2012, which is part of the Lloyd’s insurance market. GK8 clients can activate the insurance policy to protect their assets under custody […]

BitGo Prime Launches with Carmi at Helm

Digital asset financial services provider, BitGo, is today launching institutional trading services through its new entity BitGo Prime, claiming a first in offering lending, trading and custody in the digital assets space. Nick Carmi, who joined BitGo last year as head of financial services, has been appointed CEO of the new entity in addition to […]

Bitfinex, Koine, Launch Digital Assets Custody Solution

Digital asset exchange Bitfinex, and Koine, a digital asset custody provider, have launched an institutionally oriented post-trade service, enabling investors to mitigate counterparty risk and the use of private keys in the clearing and settlement of cryptocurrencies. Koine customers gain access to a post trade solution from a business licensed by the UK’s Financial Conduct Authority, a service specifically designed for […]

Bitfinex. Koine in Custody Collaboration

Digital asset exchange, Bitfinex, and digital asset custody provider, Koine, have launched an institutionally oriented post-trade service, enabling investors to mitigate counterparty risk and the use of private keys in the clearing and settlement of cryptocurrencies. Koine customers gain access to a post-trade solution from a business licensed by the UK’s Financial Conduct Authority, a service specifically designed for institutional […]

Copper Integrates with DV Chain

London-based custody and prime brokerage firm Copper has announces its integration with cryptocurrency liquidity provider, DV Chain. The firm says the integration will provide Copper’s clients with access to DV Chain’s liquidity through its prime brokerage infrastructure and trade on it through the Copper platform. The firm claims that its Walled Garden and prime brokerage […]

Coinbase Launches European Entity for Crypto Custody

Coinbase is expanding its institutional custody solution for cryptoassets in Europe with the launch of Coinbase Custody International, which will be based in Dublin. The new entity will offer the same cryptoasset storage services as the firm’s existing custody offering, Coinbase Custody. “Coinbase Custody International’s mission is to provide the broadest digital asset coverage of […]

Citi Hires Custody and Fund Services Head

Mark Ersser has joined Citi’s custody and fund services business as the head of client reporting product for EMEA. In this role, he will drive the product expansion of Citi’s middle office client reporting solution for its asset manager clients. He will be based in London and report to Paul Kilcullen, head of custody and […]

Can Symbiont’s Blockchain Solution Change How FX Trades?

For many years, Symbiont deliberately avoided touching FX. But now, having partnered with Vanguard, it is building a decentralised network for FX trading that it claims could represent a major inflection point for the industry. Galen Stops reports. One thing that the team at Symbiont, a blockchain technology company founded in 2013, are adamant about […]

Fidelity Expands Crypto Business into Europe

Fidelity Investments has announced it is establishing a new entity to serve European institutions investing in digital assets. Fidelity Digital Assets, Ltd. will offer access to enterprise-quality custody and trade execution services for digital assets to investors such as hedge funds, family offices and market intermediaries. This business builds upon the company’s 2018 launch of […]