Custody

Tetra Digital Raises $10M to Create a Regulated Canadian Dollar Stablecoin
The firm is targeting an early 2026 launch, backed by investors such as Shopify, Wealthsimple and National Bank.

U.S. Bank Resumes Bitcoin Custody Services, Adds Support for ETFs
NYDIG will serve as the bank’s sub-custodian for digital assets.

State Street Expands Custody to Tokenized Debt on JPMorgan’s Blockchain Platform
The inaugural transaction State Street anchored was a $100 million digital commercial paper issuance by OCBC.

Hong Kong Regulator Tightens Custody Standards for Licensed Crypto Exchanges
A regulatory review earlier this year found weaknesses in some exchanges’ cyber defenses, prompting the SFC to set new custody standards for licensed platforms.

Spanish Bank BBVA Said to Offer Off-Exchange Custody to Binance Customers: FT
Cryptocurrency exchanges have been rolling out stricter controls and clearer disclosures on how user funds are safeguarded.

BitGo Files to Go Public as Crypto Market Surges Past $4 Trillion
The crypto custodian submitted a confidential U.S. listing as interest in public crypto stocks heats up.

Ripple Taps BNY to Custody Stablecoin Reserves as RLUSD Surpasses $500M
The move follows Ripple's application for a national banking license and a Federal Reserve master account to further integrate with the U.S. financial system.

Italian Banking Group Banca Sella Pilots Stablecoin Custody With Fireblocks: Bloomberg
The trial focuses solely on crypto custody, with no plans for trading services, according to the report.

Deutsche Bank Plans to Introduce Crypto Custody With Bitpanda Next Year: Bloomberg
Deutsche's prior involvement in crypto custody has largely been through Swiss custodian Taurus, of which the German bank is both an investor and a client

KuCoin Allows Institutional Clients to Trade Without Having to Pre-Fund Wallets
The Seychelles-based exchange it working with crypto custodian BitGo Singapore, using its Go Network for off-exchange settlement.
