BITPRISMIA
Citigroup is exploring digital asset custody and payment services, including stablecoin payments and cryptocurrency ETFs, signaling a significant step towards institutional adoption of digital assets.
Upbit, a leading South Korean crypto exchange, has launched Upbit Custody, a dedicated institutional-grade crypto custody platform emphasizing offline storage and advanced security measures.
Binance has partnered with BBVA to enhance its custody solutions by holding user funds in U.S. Treasuries, marking a significant step towards institutional integration and improved security in the crypto space.
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AMINA, a Swiss-based crypto bank, has expanded its services to include trading and custody for the SUI token, enhancing institutional access and security for the Sui blockchain.
Binance transferred 656 BTC (worth $77.4 million) to its institutional custody platform Ceffu, highlighting its focus on security and institutional-grade asset management.
Hashed, a leading South Korean crypto venture capital firm, is becoming the largest shareholder of Korea Digital Asset (KODA), a prominent digital asset custodian, signaling a strategic move to dominate the South Korean crypto custody market.
BitGo's confidential filing for a U.S. IPO signifies a major milestone for the company and the crypto industry, potentially redefining traditional finance's view of digital assets and paving the way for mainstream adoption.
Russia’s Sberbank is seeking regulatory approval to offer crypto custody services, aiming to provide legal control and user protection for Russian crypto assets, while also addressing geopolitical pressures and domestic market needs.
US banking regulators issued a joint statement emphasizing the need for banks offering crypto custody services to adhere to existing risk-management protocols and regulations.