Category: Headlines

Kraken Institutional, the U.S.-based provider of crypto solutions for institutional investors, has launched its qualified custody solution, offered through Kraken Financial, its state-chartered bank. Headquartered in Wyoming, U.S., Kraken Financial is authorised to offer digital asset custody and deposit accounts for institutions. Kraken Financial is a segregated entity, where funds and assets are held remotely…

Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations, has hired Michal Ferguson as chief marketing officer. Prior to joining Fireblocks, Ferguson built and scaled the go-to-market functions at Snyk, a cybersecurity platform that integrates directly into development tools, workflows, and automation pipelines. BNY Mellon took a stake in Fireblocks in…

Komainu, a UK-regulated digital asset custody service provider that is partly backed by Nomura, will provide custody support for USYC, created by Hashnote, the on-chain first digital asset manager, built with the support of Cumberland and DRW. The partnership will enable Hashnote’s USYC to be held in custody by Komainu. USYC is designed to generate…

Tungsten, the UAE-based custody provider, has secured a licence from the Financial Services Regulatory Authority (FSRA) to operate from the Abu Dhabi Global Market (ADGM). Tungsten provides secure, regulated digital assets custody for institutional investors.

ETC Group has appointed Zodia Custody to support its latest ETP listed on Deutsche Börse XETRA, the ETC Group Ethereum Staking ETP, a total return exchange-traded product that tracks the Compass Ethereum Total Return Monthly Index. The ETP is fully backed by the underlying digital assets, and counterparty risk is negated through an independent trustee.…

Hex Trust, the Asia-based institutional-grade digital asset custodian, has added Dr. Dimitrios Kavvathas and Marty Jetton to its advisory board. Kavvathas spent 12 years as a managing director and partner at Goldman Sachs in London, before relocating to Hong Kong in 2009 where he co-headed the Asia Pacific securities division distribution. Jetton transitions to the…

Nicolas Bertrand, chief executive of Komainu, the C.I.-based crypto asset custodian, has stepped down with immediate effect. Robert Johnson, who joined Komainu as CTO in 2023, has taken charge as interim CEO. Bertrand joined Komainu in September 2022, following a botched attempt to hire Matthew Chamberlain, then CEO of the London Metal Exchange.

Maxime de Guillebon has joined Ripple, the crypto payments service, after just six months at BNY Mellon. He is based in Switzerland, the home base of Metaco, which Ripple acquired in 2023. He was CEO of Zodia Custody before joining BNY Mellon as head of digital asset product.