Custody
BNY to add crypto staking to digital asset custody platform
The custody bank has selected Galaxy to provide staking infrastructure as it broadens services for institutional crypto investors.
Morgan Stanley launches cheapest Ether and Solana ETFs at 14 basis points
Morgan Stanley Investment Management's Global Head of ETFs Ally Wallace breaks down the firm's newly launched Ether and Solana ETFs from the floor of the New York Stock Exchange. Wallace explains why Morgan Stanley priced all three of its crypto products at 14 basis points — the cheapest on the market — and how its April Bitcoin ETF became the firm's most successful launch ever. And, she unpacks the staking component of the new proof-of-stake products, including Morgan Stanley's decision to pass back 100% of staking rewards to investors.
BitGo stock surges on $50 million share buyback as value languishes 65% below IPO price
The buyback comes as newly public digital-asset firms face a tougher environment, with crypto markets lagging and investor attention shifting toward AI stocks.
Every single bank will soon need to hold digital assets, says Zodia Custody CEO Julian Sawyer
Sawyer confirmed that Standard Chartered’s full acquisition of the firm is on track to target a signing at the end of June and complete by the end of August.
Why Minnesota is empowering local banks to fight Wall Street for crypto revenue
A local banker told CoinDesk that in light of Wall Street’s aggressive push into the crypto industry, Minnesota's financial institutions could not afford to remain on the sidelines.
Crypto custody firm Copper is looking to sell the company for $500 million
Cantor Fitzgerald has been appointed to help with the sale, according to sources.
Minnesotan banks and credit unions set to provide crypto custody Aug. 1
Minnesota established the midwest’s first unified digital asset safety net for banks and credit unions.
Standard Chartered to acquire remainder of subsidiary Zodia Custody
The bank's offer to acquire the slice of Zodia Custody it doesn't already own has been accepted by the firm's other shareholders and noteholders.
BNY, world's largest custody bank, expands crypto services in Abu Dhabi
The Wall Street giant, which oversees $59 trillion in client assets, teamed up with Finstreet and ADI Foundation for digital asset infrastructure.
Kraken's parent company Payward alleges $25 million crypto custody fraud in lawsuit against Etana and firm's CEO
The crypto exchange claims client funds were misused, commingled and concealed in a “Ponzi-like” scheme that unraveled amid a liquidity crisis.
