Northern Trust and Standard Chartered’s Zodia Custody receives FCA registration
The registration enables it to provide commercial services to clients as a crypto-asset business, a key milestone as it prepares to launch.
The registration enables it to provide commercial services to clients as a crypto-asset business, a key milestone as it prepares to launch.
Overwhelming percentage believe digital assets will become dominant over time, while 63% of over 200 survey participants have already begun developing a strategy.
Global custodians and institutional investors could further be encouraged to adopt digital assets by using specialist digital asset sub-custodians.
U.S. Bank Global Fund Services will offer crypto custody through the engagement of a sub-custodian, and has been appointed as the fund admin for NYDIG.
Societe Generale Forge plans to offer crypto assets structuring, issuing, exchange and custody services to clients by 2022.
The remarks by the two custody giant CEOs follow the announcement of several initiatives by the two banks in the digital assets space this year.
Standard Chartered's former global head of sales and head of securities services for the Americas has left and joined New York-based METACO.
The investment comes a month after BNY Mellon announced the setup of a new unit dedicated to building the industry’s first multi-asset digital custody platform.
Landmark move in the institutional crypto space as custodians collaborate to solve missing piece of the puzzle for investors eyeing the likes of Bitcoin, Ethereum and Litecoin.
SIX Digital Exchange said it will enable banks to develop new financial services and “yet to be imagined products” around cryptocurrencies and digital assets.