Lack of clear standards threatens digital asset custody, warns Sibos panel
Representatives from the DTCC, Citi and Zodia Custody mull the fragmentation challenges that are still holding back the digital asset space.
Custody
U.S. Bank mandated as custodian for Anchorage Digital’s stablecoin reserves
The appointment follows Anchorage Digital Bank’s launch of its GENIUS Act-compliant stablecoin platform, backed one-to-one by high-quality liquid assets.
State Street completes acquisition of Mizuho’s offshore securities services
The transaction covers global custody and related businesses outside Japan, including US, Luxembourg, Cayman, and Bahamas operations.
European CSD fees up to 650% higher than North America levels, finds AFME
AFME report raises questions over transparency, profitability and market competitiveness in Europe as respondents highlight complexities and difficulty understanding charges.
State Street named custodian in partnership with Solutions & Funds for Swiss market
The collaboration combines Solutions & Funds’ ManCo services with State Street’s custody and asset servicing.
BNP Paribas wins UK asset servicing mandate from Allianz
Mandate covers custody, securities lending, FX and cash services.
Northern Trust expands fund services relationship with Brandes Investment Partners
New mandate covers custody and administration for Australian fund launch.
Ripple expands custody services with BBVA in Spain
Spanish bank adopts institutional-grade digital asset custody amid MiCA rollout.
Custody
UniCredit partners with BNP Paribas and FNZ in securities services revamp
The securities services provider is internalising its operations and opting for a partnership with BNP Paribas in place of its previous setup with Societe Generale Securities Services in Italy and CACEIS in Germany.
Northern Trust appointed to provide custody services for Timeline’s first multi-asset fund
The mandate also includes depositary and fund administration, extending the partnership with fintech adviser platform.