DTCC, the U.S. market infrastructure provider, has signed a definitive agreement to acquire Securrency Inc., a developer of institutional-grade digital asset infrastructure. The acquisition is expected to close shortly. Both U.S. Bank and State Street are investors in Securrency. Securrency will become a wholly-owned subsidiary of DTCC and will operate under the name DTCC Digital…
Category: Digital Assets
Komainu and Copper collaborate
Komainu, the C.I.-based digital assets custodian, and Copper, the UK-based provider of institutional digital asset solutions, have formed a partnership that will offer Komainu’s institutional clients the ability to trade via Copper’s ClearLoop. Through this alliance, Komainu’s clients will benefit from both regulated, on-chain custody provided by Komainu, and access to off-exchange settlement and rapid…
Komainu appoints CTO
Komainu, the C.I.-based digital assets custodian, has appointed Robert Johnson as chief technology officer, based in London. He joins from Coremont, where he was CTO and partner. Komainu, which is backed in part by Nomura, recently received approval from the UK’s Financial Conduct Authority to register as a custodian wallet provider.
Nabi joins GCEX
Jason Nabi has joined GCEX, a digital prime broker, as a strategic business development consultant. Nabi, who is based in the UK, was previously at Bosonic. He has also worked at HSBC, SGSS and BNP Paribas, inter alia.
Zodia appoints CCO
Zodia Custody, the UK-based digital assets custodian, has appointed James Harris as its chief commercial officer. He joins from CCData.
ULTUMUS onboards VanEck
COSMOS, the create/redeem platform from ETF fintech and data provider, ULTUMUS, has onboarded VanEck, the U.S.-based ETF provider. VanEck is adopting the ULTUMUS COSMOS platform for managing create/redeem orders for its crypto products.
Citi to support BBX
Citi has become the first digital custodian participant of BondbloX Bond Exchange (BBX), the world’s first fractional bond exchange using distributed ledger technology. BBX was launched in 2020 to simplify bond investing by allowing investors to track and trade bonds electronically. The partnership enables Citi’s clients that meet certain criteria to become BBX participants and…
Zodia appoints CFO
Zodia Custody, the UK-based digital assets custodian, has appointed Jonathan Hugh as chief financial officer. He joins from GSR, where he held a similar role.
Standard Custody partners with GSR
Standard Custody & Trust Company, the regulated limited purpose trust company and qualified custodian owned by PolySign, is working with GSR Markets Limited, a digital asset liquidity provider and trading firm, to support its escrow services. Standard Custody has created an escrow solution that clients can leverage through its collaboration with GSR and other trading…
Hex Trust gains DASP status in France
Hex Trust, the Asia-based digital asset custodian, has obtained the Digital Asset Service Provider (DASP) registration granted by Autorité des Marchés Financiers and Autorité de Contrôle Prudentiel et de Résolution in France. The DASP registration enables Hex Trust to provide services including digital asset custody, the purchase/sale of digital assets for legal tender, and the…