Custody

Custody

Finance

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.

Amar Kuchinad, Copper's global CEO (Copper)

Policy

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.

(Gregory Hayes/Unsplash)

Finance

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.

The Standard Chartered logo on the outside of an office building (Corporate Locations/Unsplash)

Finance

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.

BNY office (BNY)

Finance

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.

Kraken Co-CEO Arjun Sethi at the Securities and Exchange Commission (Jesse Hamilton/CoinDesk)

Videos

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."

Why Jack Dorsey thinks AI will replace middle managers

Finance

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.

South Korea (Photo by Daniel Bernard on Unsplash/Modified by CoinDesk)

Policy

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.

Colonnade at the Hong Kong Legislative Council building

Finance

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.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Tech

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.

Nathan McCauley, co-founder and CEO of Anchorage Digital at Consensus 2025.