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.
Bitstamp will begin transferring its assets under management to BitGo's cold wallets on Oct. 10.
Xapo is making changes as it transforms into a digital bank launching later this year.
Coinbase has received approval from New York regulators to form a qualified custodial firm for cryptocurrencies.