Prime Trust, a Nevada trust company, says it can handle custody for bitcoin, ether and any token issued on ethereum under the ERC-20 standard.
U.S.-based custody bank Northern Trust is helping traditional "mainstream" hedge funds expand into cryptocurrencies, says Forbes.
Northern Trust Corporation has been granted a patent for a system to create immutable records of meetings on a blockchain.
Banco Santander has completed a blockchain pilot that it says improves the process of proxy voting during annual general meetings.
Rather than waiting for periodic reports, auditors of private equity funds on Northern Trust's blockchain will get the data almost immediately.
Chicago-based Northern Trust was one of the first banks to launch a live blockchain effort. Now, it's giving the platform an upgrade.
Investor services firm Broadridge piloted what it called its "first application of blockchain technology" in a high-profile test this week.
With $6.7tn in assets under custody, Northern Trust has formally launched its first blockchain product with a little help from IBM.
R3CEV's test with Northern Trust inspired a blockchain proof-of-concept among three other experiments for different aspects of asset management.
