Nubank, a Brazil-based digital banking platform, has entered the cryptocurrency trading market. The bank has launched an exclusive in-app crypto trading experience, offering initially Bitcoin and Ethereum. The product is operated in partnership with Paxos, a U.S.-based regulated blockchain infrastructure provider, that will act as a custody provider and broker.
Category: Mandates
LGT Bank selects SEBA Bank for digital asset services
SEBA Bank, a Swiss-based, FINMA licensed digital assets banking platform, had partnered with LGT Bank to provide digital asset custody and brokerage services. LGT Bank is part of LGT Group, an international private banking and asset management group with over CHF280bn in assets under management. LGT Bank is leveraging SEBA Bank’s fully regulated banking platform…
Bain Capital Crypto partners with Sudrania
Bain Capital Crypto has adopted Sudrania’s vertically integrated back-office platform, powered by its Seamless Crypto software. With over 140 API connections across the digital assets ecosystem, Sudrania claims that Seamless Crypto is one of the world’s most advanced general ledger accounting systems, offering automated waterfall calculations, P&L allocations, automated fees/expense accruals, timely NAV calculation, enhanced…
Accelerate deploys Tetra custody solution
Accelerate Financial Technologies Inc. has selected Tetra Trust Company as custodian for its digital assets. Initially, the Accelerate NFT Fund LP, the first Web3 investment vehicle in Canada, will deploy Tetra’s custody solution which enables clients to store and settle their digital assets within a secure environment. Calgary-based Accelerate is one of Canada’s fastest growing…
BCAM appoints Standard as custodian
Following the appointment of Apex as administrator, Blockchain.com has named Standard Custody & Trust Company, a PolySign company, as custodian for its new institutional platform, Blockchain.com Asset Management (BCAM). BCAM will deliver a suite of institutional investment products, combining the crypto trading infrastructure, research and security software services of Blockchain.com with Altis Partners’ investment management…
Apex to support new BCAM funds
Apex Group has been appointed to provide fund services to Blockchain.com Asset Management (BCAM), a new crypto asset management platform powered by Blockchain.com, with investments managed by Altis Partners, a C.I.-based manager. BCAM’s C.I.-domiciled funds will offer regulated crypto investment products for institutional investors, family offices and high net worth individuals. The platform is launched…
Invictus converts crypto funds
Invictus Capital, a Cayman-domiciled manager, has migrated its tokenised crypto funds into a regulated mutual fund structure. All open-ended Invictus funds will now have the same oversight as other regulated mutual funds within the Cayman Islands. The funds will benefit from annual independent external audits and daily verification of fund assets by a licensed third-party…
Circle adds BNY Mellon as reserves custodian
Circle Internet Financial, LLC has appointed BNY Mellon as a primary custodian for USD Coin (USDC) reserves. Circle is an internet finance firm that provides internet-based payments and financial infrastructure and is the sole issuer of USDC. USDC is one of the fastest growing dollar digital currencies in the world, with over USD52bn in circulation…
Catalyst wins digital asset admin mandate
The Catalyst Group Limited, a Cayman-based fund administration and financial services provider, has been appointed by dParadigm Capital Limited, to provide fund administration services for its institutional grade digital asset fund, dParadigm Fund SPC. The fund is a regulated vehicle for institutional investors to gain exposure to digital assets via a hybrid VC and DeFi…
Belgian LE hires Digivault & Asset Reality
Digivault, a UK-based digital asset custody provider, and Asset Reality, the provider of an end-to-end solution for recovering, managing and realising seized crypto assets, have been engaged by Belgian law enforcement agencies to provide recovery, storage and management services for seized crypto assets.