Crypto Custody

Hester Peirce Says Crypto May Force Faster Modernization at SEC
Speaking at Consensus 2021, SEC Commissioner Hester Peirce noted the agency has work to do modernizing custody rules across the board. She also discussed thinking about each crypto asset as its own thing rather than lumping them together and how guidance from the SEC was intended to help financial advisors understand the nuances surrounding them.

Are Institutions Storing Their Bitcoin Safely?
A report by global capital markets firm Opimas reveals there is room for improvement in cryptocurrency custody security. Opimas Analyst Suzannah Balluffi discusses the current state of institutional crypto holdings and cautions institutions need services that store their bitcoin more safely.

What Fireblocks’ New Funding Raise Says About the Outlook for Crypto Custody
Fireblocks, a provider of crypto custody infrastructure for major crypto lending institutions, has raised $133M in a Series C funding round. One of the leading investors was BNYMellon, signaling a partnership between Fireblocks and more mainstream banks.

BNY Mellon Move into Crypto Custody: Why it's a Big Deal
BNY Mellon will roll out a new digital assets custody unit. The Hash panel weighs in on whether this represents a watershed moment in the Wall Street narrative around cryptocurrencies.
