Custody

Ex-a16z Engineering and Security Heavyweights to Start Crypto Custody Firm: Source
A16z’s former CTO, Riyaz Faizullabhoy, and former CISO Nassim Eddequiouaq have the blessing and seed backing of the venture-capital giant, a person familiar with the plans said.

Crypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M in USDC to Coinbase Custody for 2.6% Yield
The maneuver is part of MakerDAO’s earlier decision to move up to $1.6 billion of USDC stablecoins to Coinbase’s custody arm.

Crypto Custody Explained: Benefits and Risks
There is no shortage of horror stories about stolen funds, hacks and lost passwords in the crypto industry. This is where crypto custody comes into play. Casa CEO Nick Neuman breaks down three types of custodians, as well as the benefits and risks of each.

Hard-Wallet Maker Ledger, Crypto Custodian Etana Target Institutions With Regulated Custody
The companies are looking to make it easier for institutions to hold digital assets and bolster investor confidence in the market.

Cubist Launches Bank-Grade Ethereum Key Management Service
The company also announced Web3 staking provider Ankr as its first key management customer.

Nomura-Backed Komainu to Offer Segregated Crypto Collateral Product for Institutions
Komainu Connect will let clients deploy digital assets in collateralization scenarios, while they remain in segregated custody and verifiable on chain.

Crypto Custody Firm BitGo Releases Security Features Aimed at Bitcoin Ordinals
Custody provider BitGo has released a security tool for protecting Bitcoin Ordinals Inscriptions from accidental transfers.

Stuttgart Stock Exchange Unit Secures BaFin License for Crypto Custody
Among the institutions it expects to make use of this offering are banks, brokers, asset managers and family offices.

Nasdaq Aiming to Debut Crypto Custody Service by Q2 End: Bloomberg
The stock exchange operator announced its intentions last September as it looked to respond to the demand from institutional crypto investors

Copper to Lay Off Up to 15% of Staff, Focus on Crypto Custody, Settlement
The process is just getting under way and the company, which employs about 300, said it cannot put an exact number on job losses.
