Custodians

CDCROP: Train Tracks Merging
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.
CDCROP: Train Tracks Merging

CDCROP: Dan Morehead, CEO, Co-CIO, Pantera Capital (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.
CDCROP: Dan Morehead, CEO, Co-CIO, Pantera Capital (Shutterstock/CoinDesk)

SEC Chair Gary Gensler (Kevin Dietsch/Getty Images)
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.
SEC Chair Gary Gensler (Kevin Dietsch/Getty Images)

SEC Chair Gary Gensler (Anna Moneymaker/Getty Images, modified by CoinDesk)
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 investment advisors.
SEC Chair Gary Gensler (Anna Moneymaker/Getty Images, modified by CoinDesk)

UK embraces bitcoin
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."
UK embraces bitcoin

CDCROP: Rows of mailboxes (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.
CDCROP: Rows of mailboxes (Unsplash)

CDCROP: Anchorage co-founders Diogo Monica and Nathan McCauley (Anchorage)
Crypto Custody Firm Anchorage Digital to Be Preferred Custodian for Layer 1 Blockchain Aptos Labs
The partnership signals the growing institutional adoption of crypto.
CDCROP: Anchorage co-founders Diogo Monica and Nathan McCauley (Anchorage)

(Andrew Harrer/Bloomberg via Getty Images)
US Firms Providing Custody Services Should Account for Crypto Assets as Liability, Disclose Risk, SEC Says
The guidance would apply to U.S.-listed exchanges and other firms providing cryptocurrency services and holding digital assets on behalf of clients.
(Andrew Harrer/Bloomberg via Getty Images)

copper, cable
Crypto Custodian Copper Raises $50M in Series B Round
The digital asset custodian says revenue and client growth tripled in the last quarter.
copper, cable

DO NOT USE: Brevan Howard (Bloomberg/Getty Images)
Hedge Fund Manager Alan Howard Leads $25M Raise for Crypto Custodian Komainu
Galaxy Digital, NOIA Capital and Nomura Research Institute also joined the round, becoming strategic partners.
DO NOT USE: Brevan Howard (Bloomberg/Getty Images)