Nasdaq To Launch Institutional Crypto Custody Service Soon
According to reports, equity exchange operator Nasdaq is soon to make its entry into the institutional crypto custody service. The reason behind this move can be alluded to as increasing the scope of the operator’s range of services that have been provided within this particular space. Nasdaq is a firm that operates in the markets […]
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The exchange is set to enter the crowded market of institutional bitcoin custody as it aims to become a service provider in the cryptocurrency space.
SC Ventures, the innovation and ventures unit of Standard Chartered, will launch a crypto custody service targeting institutional investors in London next year. According to a Dec. 9 press statement, the British bank is partnering with U.S. wealth and asset management firm Northern Trust for the project. Together, they will launch a new business called Zodia Custody. The deal is still subject to registration with the U.K. Financial Conduct Authority (FCA) and other regulatory approvals. At launch, Zodia will provide custody services for bitcoin (BTC), ether (ETH), ripple (XRP), litecoin....
Nasdaq has announced the launch of “Nasdaq Digital Assets” citing increased demand for digital assets among institutional investors in recent years. Initially, the new crypto unit will offer custody solutions for bitcoin and ether to institutional investors.
Nasdaq Establishes Crypto Unit
Nasdaq (Nasdaq: NDAQ), the world’s second-largest stock exchange, announced Tuesday the launch of a new business called “Nasdaq Digital Assets.” Initially, Nasdaq Digital Assets will develop an institutional-grade custody solution, the announcement....
The firm has reportedly created a new group focusing on digital assets and onboarded Ira Auerbach, who previously worked at Gemini, to lead the unit. As more institutions become interested in dabbling in cryptocurrencies, multinational financial services firm Nasdaq has reportedly started preparations to offer digital asset custody services to institutional clients. According to a Bloomberg report, the company has created a new group focusing on digital assets and will start by offering Bitcoin (BTC) and Ether (ETH) custody services for institutions. The firm also onboarded Ira Auerbach,....
Fireblocks, a crypto custody service provider, is expanding its services with the launch of an institutional suite of Web3 services. This suite will allow customers to leverage liquidity from different exchanges, and mint NFTs. The service, which has already onboarded several names in the industry, also includes gaming asset management for blockchain games on Ethereum and other smart contracts-enabled blockchains.
Fireblocks Debuts Web3 Services Offering
Fireblocks, a cryptocurrency custody company, is seeking to expand its suite of services to onboard different kinds of....