Coinbase custodies 11% of entire crypto capitalization
The custody service of leading U.S. exchange Coinbase now controls more than 10% of the combined crypto asset market cap.
The custody service of leading U.S. exchange Coinbase now controls more than 10% of the combined crypto asset market cap.
Experts say building custody solutions is tricky, but will become crucially important as crypto grows more valuable.
Aegis Custody wants to build a tokenized bridge between U.S. investors and trade finance opportunities in Asia.
The new tool, CopperConnect, covers the “DeFi lifecycle” as an asset moves from custody to smart contract and back.
Coinbase is now measuring new capital coming in for bitcoin in the billions, according to the firm’s head of institutional coverage.
Shard X is claiming to be the first company to successfully run multi-party computation (MPC) on hardware security modules (HSMs).
BitGo’s status as a qualified custodian should draw more high-net-worth investors to Amber from places like Hong Kong, Taiwan and Seoul.
A new report from bitFlyer Japan states the exchange is now custodying more than 161.8 billion yen ($1.5 billion) on behalf of its clients, a two-year record for the company.
Institutions on the fence about crypto involvement may no longer fear legal uncertainty, given recent crypto custody regulatory clarity.
Regulatory approval doesn’t mean banks are about to begin providing crypto custody, but it is accelerating a conversation about financial institutions safeguarding bitcoin.