Custodians

16:9 Custodian (Tim Evans/Unsplash)
Bitcoin ETF Provider Valkyrie Adds BitGo as Second Custodian in Risk Mitigation Move
The digital asset investment firm has become the first of the ETF providers to diversify custody of its coins by tapping BitGo's expertise in addition to Coinbase
16:9 Custodian (Tim Evans/Unsplash)

BitGo CEO Mike Belshe. (Shutterstock/CoinDesk)
Crypto Custody Firm BitGo Cancels Acquisition of Rival Prime Trust
Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk.
BitGo CEO Mike Belshe. (Shutterstock/CoinDesk)

BitGo CEO Mike Belshe at Consensus 2023. (Shutterstock/CoinDesk)
Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Sources
The financial terms of the deal were not disclosed by the source.
BitGo CEO Mike Belshe at Consensus 2023. (Shutterstock/CoinDesk)

(Bradley D. Saum/Shutterstock)
Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm
Ripple purchased custodian Metaco for $250 million, and regulatory and market conditions could lead to further deals, says Architect Partners.
(Bradley D. Saum/Shutterstock)

Pantera Capital CEO Dan Morehead (Shutterstock/CoinDesk)
Crypto VC Firm Pantera Used Silicon Valley Bank as a Custodian
A regulatory filing shows the shuttered bank as one of three custodians for Pantera’s funds.
Pantera Capital CEO Dan Morehead (Shutterstock/CoinDesk)

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SEC Chair Gensler Says Crypto Exchanges May Not Be 'Qualified Custodians'
"Just because a crypto trading platform claims to be a qualified custodian doesn’t mean that it is," the SEC chair said.
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SEC Proposal Could Bar Investment Advisers From Keeping Assets at Crypto Firms
As long as crypto platforms and lenders aren’t registered as exchanges or banks, they wouldn’t qualify as custodians in the latest SEC limits proposed for registered investmen...
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U.K. flag (Shutterstock)
Ex-UK Chancellor Philip Hammond Urges Accelerated Efforts to Become Crypto Hub: FT
Hammond, chair of custody company Copper, said the U.K. is falling behind neighboring countries and needs to accept "measured risk."
U.K. flag (Shutterstock)

(Tim Evans/Unsplash)
BNY Mellon Says Client Demand for Crypto Led to Custody Offering
Executives from the world's largest custodial bank spoke on the company’s earnings call Monday morning.
(Tim Evans/Unsplash)