Welsh crypto insurer Coincover lands $9.2 million Series A fundraise
Coincover, a Cardiff-based startup providing insurance protection to crypto investors, has secured $9.2 million in Series A funding.
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custody
NYDIG’s latest deal enables even more banks to offer bitcoin purchases to customers
Local banks and credit unions will be able to use NYDIG’s custody services to offer their customers the ability to trade bitcoin.
World's biggest interdealer broker TP ICAP to launch crypto trading platform with Fidelity and others
TP ICAP, the world's biggest interdealer broker, is launching a crypto trading platform with Fidelity, Standard Chartered's Zodia Custody, and Flow Traders.
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Deutsche Börse Group takes majority stake in Crypto Finance AG
Deutsche Börse Group, the German exchange operator, has acquired a majority stake in Swiss crypto firm Crypto Finance AG.
Coinbase's German entity becomes first firm authorized to provide crypto custody in the country
Germany's Federal Financial Supervisory Authority, or BaFin, announced the approval of Coinbase Germany's custody business on Monday.
Alan Howard leads $25 million investment in London crypto custodian Copper
British billionaire fund manager Alan Howard has led a $25 million investment in the London-based crypto custodian Copper.
Crypto hardware wallet maker Ledger lands $380 million Series C raise led by 10T Fund
Ledger, the Paris-based producer of crypto hardware wallets, has closed a $380 million Series C fundraise valuing the startup at more than $1.5 billion.
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Gemini acquires crypto custody startup Shard X
Crypto exchange and custodian Gemini has acquired London-based crypto custody specialist Shard X.
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Nebraska bill creating bank framework for digital asset firms signed into law
These entities will be regulated by the state's Department of Banking and Finance, similar to the framework already established in Wyoming.
Crypto custodian Copper closes $50 million Series B raise
London-based crypto custodian Copper has raised $50 million in a Series B round led by Dawn Capital and Target Global.
Standard Custody takes new route to 'qualified custodian' status
It's the first digital asset firm to receive approval on a de novo application for a New York trust license.
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Why Galaxy Digital bought BitGo
Mike Novogratz noticed that Galaxy was missing out on clients looking for a "full stack" provider. So he brought custody services in-house.
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Two Bakkt institutional executives have left the company
Laura Edelman is the new global head of sales at Paradigm while John Conneely leads institutional custody sales at Genesis.
Revolut has enabled crypto withdrawals, phase one of its plan to go 'full crypto'
Revolut's announcement that it will begin letting customers withdraw crypto is part of a larger strategy to cater to crypto investors.
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Galaxy Digital to acquire crypto custodian BitGo for $1.2 billion
Mike Novogratz's crypto merchant bank Galaxy Digital is set to acquire crypto custodian BitGo for $1.2 billion.
Crypto custodian Finoa raises $22 million in Series A funding
Institutional crypto custodian Finoa has raised $22 million in a Series A funding round.
Osprey Funds launches a Polkadot trust with Coinbase serving as custodian
Crypto asset manager Osprey Funds has launched a Polkadot trust that would invest exclusively in DOT, the native token of Polkadot.
Paxos becomes latest crypto company to score OCC approval for a bank charter
Paxos plans to operate two trusts by the end of next year — one under a national bank charter, one under a BitLicense.
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CFTC wins $32 million default judgment against crypto Ponzi scheme operator
Ponzi scheme operator David Saffron is on the hook for paying investors back.
Class action lawsuit filed against crypto wallet firm Ledger, Shopify over 2020 customer data breach
A new class action accuses Ledger and Shopify of misconduct in its handling of last year's data breach.
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