Standard Chartered targets crypto custody offering
Standard Chartered’s global head of securities services believes the custodian has seen a need to begin exploring its own digital asset offerings.
Standard Chartered’s global head of securities services believes the custodian has seen a need to begin exploring its own digital asset offerings.
The involvement of CSDs in a governance and operational role could help increase trust of investors, and raise the quality of the crypto-trading ecosystem.
The investment will allow Libra to release new products and services which will support its fund administrator, trading operations and crypto exchange platform clients.
Crypto fund-only fund administrator launches with $700 million in cryptocurrency assets under administration from around the world.
Trident Trust and Theorem Fund Services have gone live on the crypto back-office platform, with Apex Fund Services and North Street Global among those onboarding clients.
Coinbase launches custody for cryptocurrencies but is still looking to partner with traditional custodians.
Cryptocurrency exchange giant CoinBase is looking to launch its own custody offering in a bid to make trading digital assets just like any other financial product for institutional investors, and part of the platform’s plans involve teaming up with traditional custodian banks.