Search results for Zodia Custody
Crypto
Anchorage Digital links with Binance to let institutions trade while keeping assets off-exchange
Anchorage Digital has integrated with Binance to offer an off-exchange settlement service for institutional clients. The setup allows institutions to trade on Binance without directly depositing crypto or cash on the exchange, keeping assets in Anchorage-qualified custody accounts. Clients can use crypto held at Anchorage or U.S. dollar deposits as collateral to meet Binance margin requirements, with assets remaining at an independent custodian until settlement.
Crypto
Big banks expand bitcoin custody vaults, but key issue turns to quantum computers
Global big banks are expanding bitcoin custody as a strategic business, but a report warns today’s crypto custody infrastructure could face structural risks in a future quantum-computing era. Swiss digital asset technology company Taurus said major custodians carry significant risk during a shift to quantum-resistant cryptography. It said upgrades require blockchain protocol changes and broad coordination. The report argues MPC may face bigger hurdles than HSM, though the view is contested.
Crypto
Crypto custody firm Copper pursues sale valued at $500 million
Crypto custody firm Copper is pursuing a sale valued at about $500 million, Coindesk reported, citing two sources. Wall Street investment bank Cantor Fitzgerald is advising on the process. Copper\'s core asset is its ClearLoop settlement system, which enables delivery-versus-payment trades while keeping assets in custody and off-chain. Copper has focused on ClearLoop since exiting corporate custody in 2023.
