Xapo is making changes as it transforms into a digital bank launching later this year.
With big banks still mostly eschewing the 11-year-old digital-asset industry, a new breed of lenders is stepping into the void to meet the demand. Enter BitGo.
Standard Chartered said it invested in Metaco to improve the relatively undeveloped market infrastructure in digital assets.
Bitstamp will begin transferring its assets under management to BitGo's cold wallets on Oct. 10.
Coinbase has received approval from New York regulators to form a qualified custodial firm for cryptocurrencies.