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Crypto

Citi to launch bitcoin custody service, integrate with stock and bond platform

Citi will start offering bitcoin custody services for institutional clients within this year, Cryptopolitan reported. Citi said it plans to incorporate bitcoin into Custody+, the platform its Investor Services unit uses for traditional securities. Clients will be able to view and manage traditional holdings and bitcoin in one place. The bank said the service operates on a single framework shared by tokens and traditional securities and includes features such as real-time services and instant settlement.

Crypto

Bitget registers as financial service provider to expand New Zealand business

Cryptocurrency exchange Bitget has registered as a financial service provider with New Zealand’s Financial Service Providers Register (FSPR). The registration allows Bitget to expand services in New Zealand, including foreign exchange conversion, domestic and international remittances, custody of client assets, and portfolio and fund management. Bitget has been widening licences and registrations in various countries. It has also announced plans for a European headquarters in Vienna and appointed Oliver Stauber as Bitget EU chief executive.

Crypto

Optimism steps up Korea push, unveils ties with Dunamu, Toss and DB Financial Investment

Blockchain infrastructure company Optimism said it is stepping up its business in South Korea, disclosing partnerships with Dunamu’s GIWA blockchain, fintech firm Toss and DB Financial Investment. It plans to expand on-chain finance infrastructure for local financial institutions, fintech and digital asset companies through OP Enterprise. The firm said it has signed memorandums of understanding with Dunamu and Toss and will cooperate with DB Financial Investment on STO and RWA projects linked to Jeju.