Custody Battle Pits Institutional Boomers Against Crypto Upstarts
Crypto custodians are in a race to build the next State Street or BNY Mellon.
MicroStrategy’s approach has got the Association of Corporate Treasurers and IKEA thinking.
The new tool, CopperConnect, covers the "DeFi lifecycle" as an asset moves from custody to smart contract and back.
The integration will let investors make deposits and withdrawals more quickly, as well as mitigate counterparty risk.
The service allows institutional investors to securitize a range of crypto-based products, from token trackers to complex trading strategies.
Crypto custodian Copper is joining the Official Monetary and Financial Institution Forum's new think tank to discuss how central banks are evaluating digital currencies.