Custody

Crypto custody firm Copper is looking to sell the company for $500 million
Cantor Fitzgerald has been appointed to help with the sale, according to sources.

Minnesotan banks and credit unions set to provide crypto custody Aug. 1
Minnesota established the midwest’s first unified digital asset safety net for banks and credit unions.

Standard Chartered to acquire remainder of subsidiary Zodia Custody
The bank's offer to acquire the slice of Zodia Custody it doesn't already own has been accepted by the firm's other shareholders and noteholders.

BNY, world's largest custody bank, expands crypto services in Abu Dhabi
The Wall Street giant, which oversees $59 trillion in client assets, teamed up with Finstreet and ADI Foundation for digital asset infrastructure.

Kraken's parent company Payward alleges $25 million crypto custody fraud in lawsuit against Etana and firm's CEO
The crypto exchange claims client funds were misused, commingled and concealed in a “Ponzi-like” scheme that unraveled amid a liquidity crisis.

Why Jack Dorsey thinks AI will replace middle managers
Block CEO Jack Dorsey argues that his company's decision to cut approximately 40% employees was not a cost reduction but a permanent restructuring to replace middle managers with AI. But current and former Block employees are pushing back, saying that roughly 95% of AI-generated code changes still require human modification. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Privacy-focused Miden, Korea Digital Asset agree to build crypto infrastructure for institutional adoption
The partnership focuses on privacy, compliance and standards for regulated digital-asset adoption in South Korea.

Hong Kong regulators target 2026 legislation for virtual asset dealer and custodian rules
The FSTB and SFC concluded consultations on virtual regimes and plan to introduce new bill to LegCo next year.

Paxos Acquires Crypto Wallet Startup Fordefi to Expand Custody Services
The move aims to position Paxos to serve growing institutional demand for on-chain asset issuance and stablecoin payments.

Bitcoin DeFi Gets Another Institutional Boost Through Anchorage Digital Custody
Anchorage Digital is opening institutional pathways into Bitcoin-native DeFi, providing a regulated gateway to BOB’s hybrid Bitcoin–Ethereum ecosystem.

