BitGo, Swan unveil plans for Bitcoin-only trust company

The trust company will target institutional investors in the United States as asset managers line up for a spot Bitcoin ETF.

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BitGo and Swan partner to launch a Bitcoin-only trust company

Key takeaways BitGo and Swan will work together to launch a new trust company. The Bitcoin-only trust company will offer custody without exposure to the other cryptocurrencies. BitGo and Swan to launch a new trust company Crypto custodian BitGo and bitcoin financial services firm Swan have announced plans to launch a Bitcoin-only trust company.

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BitGo, Swan to Form Bitcoin-Only Trust Company

"It's important to us to build a custodian without the risks of securing many altcoins within the same trust company as bitcoin," Cory Klippsten, CEO of Swan, said.

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Ripple’s acquisition of Fortress Trust adds to company’s regulatory licenses

Ripple has reportedly completed its acquisition of web3-focused company Fortress Trust for an undisclosed sum. On Sept. 6, the crypto company revealed that it had agreed to purchase the Nevada-based chartered trust company.

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Digital Currency Group Announces $1 Billion Purchase Plan of Grayscale Bitcoin Trust

The company expands its buying threshold

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Interactive Brokers Launches Bitcoin, Ethereum, and Crypto Trading for RIAs in the US

Brokerage firm Interactive Brokers Group (Nasdaq: IBKR) has launched cryptocurrency trading for Registered Investment Advisors (RIAs) in the US. This will enable RIAs to trade and custody Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) via Paxos Trust Company, a regulated blockchain infrastructure platform, on behalf of their clients.

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Crypto custodian Hex Trust closes $10M funding round led by Animoca Brands

Hex Trust, an Asia-based licensed and insured provider of custody for crypto-assets, announced it has raised USD $10 million in an investment round led by Animoca Brands, a company specializing in digital entertainment, blockchain, and gamification.

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Interactive Brokers integrates cryptocurrency trading via Paxos

Interactive Brokers Group, a global brokerage firm, today announced the addition of crypto, clients can trade Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) via Paxos Trust Company.

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Osprey Funds Launches Solana (SOL) Trust to Attract Institutional Investors

Solana has been one of the most talked-about projects in the crypto space this week, and it doesn’t appear to be slowing down. In the latest show of adoption, an institutional investment firm has opened a new Fund for the company’s SOL token.

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Morgan Stanley holds over $36 million worth of Bitcoin (BTC) via Grayscale

American multinational investment bank and financial services company Morgan Stanley has been generously investing in the Grayscale Bitcoin Trust (GBTC), a recent filing with the US Securities and Exchange Commission (SEC) shows.

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MicroStrategy Secures A Whopping $1.4 Billion In Bitcoin Gains – Not Dumping Anytime Soon

A strong advocate for Bitcoin, Michael Saylor, has restated his bullish stance on the cryptocurrency calling it an open-digital property network, an international trust network as well as the only asset his company, MicroStrategy, needs to have a diversified investment for the long term.

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Rothschild Investment Increases its GBTC Holdings by 268% and ETHE by 5.2%

Financial services company Rothschild Investment has yet again increased its Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE) holdings. In Q1 2021, Rothschild increased its GBTC exposure by 26% and in Q2, the multinational investment bank further raised it by 268.

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Circle to SPAC IPO, Raising $1 Billion

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Report: ARK Invest bought 1M GBTC after BTC plunged below $30K

Cathie Wood, the founder, CEO, and CIO of investment management company Ark Invest bought the recent Bitcoin (BTC/USD) dip. A report unveiled this news on June 23, noting that the star investor bought upwards of 1 million shares in the Grayscale Bitcoin Trust when BTC slipped below $30,000.

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99% of Cryptocurrencies are ‘Overpriced’ per DCG’s Barry Silbert, But ETC Isn’t One of Them

Digital Currency Group, the parent company of the world’s largest digital asset manager, Grayscale Investments, announced this week that it would be purchasing $50 million worth of shares of Grayscale Ethereum Classic Trust (ETCG).

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Concordium Blockchain and Cryptocurrency are live to cater to ‘Establishment’ with Trust and Transparency

Concordium, the blockchain company, will for the first time offer the world access to a safe, transparent, regulatable and sustainable blockchain and cryptocurrency, marking the end of an era of anonymity and distrust that has undermined the development of the industry.

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Nueva Pescanova Leverages IBM Food Trust for Supply Chain Traceability

Spanish seafood company Nueva Pescanova has partnered with IBM to utilize the latter’s blockchain-based solution, Food Trust platform, to trace seafood products across the supply chain.   Tracking Seafood Supply Chain with Blockchain Technology  IBM announced the collaboration in a press release on Tuesday (June 8, 2021).

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Crypto Bull Cathie Wood Says Ark Invest is Now Long Ethereum

Cathie Wood’s Ark Investment has now added Ether to the assets that it is bullish on. Up until now, the company has been vocally bullish on Bitcoin through Grayscale Bitcoin Trust (GBTC) and Coinbase through COIN shares.

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Crypto trading firm Standard Custody receives charter status to operate as a custodian in New York

CryptoNinjas » Crypto trading firm Standard Custody receives charter status to operate as a custodian in New York Standard Custody & Trust Company, a custody and settlement platform for crypto-assets, announced that it has received charter status under New York State Banking Law as a regulated qualified custodian.

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DCG Authorizes $750 Million In GBTC Purchases As Discount Persists

Grayscale’s parent company authorized up to $750 million in GBTC purchases as the trust’s shares continue to trade at a discount to NAV.

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Digital Currency Group Plans to Put up to $750 Million into Shares of Grayscale Bitcoin Trust

Grayscale's parent company plans to invest up to $750 million into GBTC shares

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PayPal Partner Paxos Obtains Federal Bank Charter from OCC

Paxos is the latest company to obtain preliminary conditional approval from the U. S. Office of the Comptroller of the Currency (OCC) to establish a de novo National Trust Bank. This is the third such charter issued by the OCC, the top banking regulator, to a crypto native company.

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Olympia Trust, Knox Partner On Bitcoin Custody Service

Olympia Trust Company expects to receive an exclusive Canadian license to use a proprietary bitcoin custody system developed by Knox.

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Wallex Bank: Launching The Next Level Asset and Digital Asset Ecosystem

Wallex Trust & Custody, a fintech company based in the USA and Europe that offers trust and custody services among its clients across borders notably in Europe, Asia, and Africa, has announced it has received a banking Crypto and Insurance license issued by the Comoros International Banking Authority (CIBA). This official recognition as a bank […]

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Off to the Races: Kryptoin Re-files Bitcoin ETF Opting to List on Cboe Over Nasdaq

On April 9, 2021, the Delaware-based company and sponsor of the “Kryptoin Bitcoin ETF Trust” filed an S1 amendment for a bitcoin exchange-traded fund (ETF) with the U. S. Securities and Exchange Commission (SEC).

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Grayscale Reveals Intentions to Convert the Firm’s Bitcoin Trust Into an ETF

On Monday, the digital currency asset manager Grayscale Investments announced intentions to file for a bitcoin exchange-traded fund (ETF) when permissible. The subsidiary of Digital Currency Group (DCG) says in regard to its crypto trust products that it always been the company’s intention “to convert these products into an ETF.

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XRP lawsuit effect: Ex-SEC Chair talks about Bitcoin's (non)security status

Earlier today, investment banking company Morgan Stanley filed multiple institutional funds that may gain exposure to Bitcoin especially through shares of Grayscale's Bitcoin Trust or cash-settled futThe post XRP lawsuit effect: Ex-SEC Chair talks about Bitcoin's (non)security status appeared first on AMBCrypto.

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Unifimoney users now have in-app access to crypto exchange Gemini

CryptoNinjas » Unifimoney users now have in-app access to crypto exchange Gemini Unifimoney, a digital money management platform, has announced integration with Gemini, a New York trust company and licensed bitcoin/crypto exchange.

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Grayscale to Buy $250 Million GBTC

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Grayscale’s Parent Company DCG To Buy $250 Million In GBTC Shares

Digital Currency Group (DCG), the parent company of the world’s largest Bitcoin trust, Grayscale Bitcoin Trust (GBTC) has announced plans to buy a quarter million worth of shares of GBTC. DCG will purchase the shares on the open market through its cash on hand fund over an unspecified period of time that will also determine […]

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Digital Currency Group to buy GBTC shares

Parent company of Grayscale Investments, Digital Currency Group (DCG) today announced its plans to purchase shares of Grayscale Bitcoin Trust for up to $250 million worth of shares of GBTC. DCG intThe post Digital Currency Group to buy GBTC shares appeared first on AMBCrypto.

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Grayscale to Hire ETF Executives; Digital Currency Group Investing $250M in Bitcoin Trust (GBTC)

Digital Currency Group (DCG), a crypto investment company and the parent company of Grayscale Investments, has announced its plan to invest up to $250 million worth of shares of Grayscale Bitcoin Trust (GBTC).

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DCG Could Buy $250 million of Grayscale Bitcoin Trust

DCG is the parent company of Grayscale Investments, which runs Grayscale Bitcoin Trust (GBTC). Currently, GBTC is the largest digital currency asset manager with $42. 1 billion assets under management.

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BitGo Receives Trust License From New York Regulators

California-based digital assets financial services company, BitGo, received a charter to operate in New York as an independent and regulated custodian. BitGo Scores New York Trust Charter According to an official announcement on Thursday (Mar.

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Asia Cryptocurrency Titans, GMO Internet Group and Liquid, Partner to Create the First Synthetic JPY FX Instruments

 GMO-Z.com Trust Company, Inc. , the New York-based, regulated stablecoin subsidiary of Japanese financial services and internet conglomerate GMO Internet Group, and Liquid , one of the...

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У Grayscale может появиться траст на базе yEarn.Finance

Крупнейший управляющий криптовалютными активами Grayscale Investments потенциально может запустить траст на базе токена DeFi-проекта yEarn. Finance. Инвестиционный продукт зарегистрировал доверенный представитель фирмы —Delaware Trust Company (DTC).

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Grayscale зарегистрировала траст для yEarn.Finance. Монета подорожала до $46 000

Крупнейший управляющий криптовалютными активами Grayscale Investments потенциально может запустить траст на базе токена DeFi-проекта yEarn. Finance. Инвестиционный продукт зарегистрировал доверенный представитель фирмы —Delaware Trust Company (DTC).

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Blockchain Bank Protego Becomes the Second OCC-approved National Crypto Custodian

The first and only Washington-chartered digital assets company Protego Trust Bank will become the second digital asset bank in the US to receive conditional approval from the Office of the Comptroller of the Currency (OCC) to custody digital assets for institutional clients.

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Grayscale подтверждает регистрацию трастов для ChainLink и Tezos

Инвесткомпания Grayscale подтвердила, что недавно действительно зарегистрировала трасты для альткоинов Chainlink (LINK) и Tezos (XTZ). Трасты были сформированы при прямом участии компании Delaware Trust Company, сообщает The Block.

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Bitcoin and How Crypto will Transform the Financial World

On January 13, 2021, the US Office of the Comptroller of the Currency (OCC) announced that it had given conditional approval to Anchorage Trust Company, a chartered trust firm, to become Anchorage Digital Bank.

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Grayscale May a Have Secret Chainlink Trust

Grayscale Investments has been one of the loudest voices in crypto. And the first firm to offer crypto exposure to institutional investors.   The company has been a vocal supporter of crypto.

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Grayscale Acquires $300 Million in Bitcoin in 24 Hours

According to data by Bybt, Grayscale crypto hedge fund added $300 million worth of crypto to its Bitcoin Trust; the company now holds $1 billion less than on Jan. 19

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Anchorage Secures Trust Charter from Outgoing OCC Brian Brooks; Becomes First Crypto Bank

Crypto custody and financial services firm Anchorage has received a conditional trust charter from the OCC. Anchorage, a crypto custody and financial services provider, is the first crypto native company to secure a bank charter.

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Anchorage gets OCC’s approval to operate as a national crypto bank

The Office of the Comptroller of the Currency (OCC) has granted Anchorage a federal charter to operate as a national crypto bank. This news was shared on January 13 through a press release, noting that the OCC made this decision after a thorough review of Anchorage Trust Company and its operations.

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Grayscale Confirms Liquidation of Its XRP Trust; Forced By SEC Legal Battle With Ripple

Grayscale has successfully sold off all XRP Investment Trust shares. The preemptive action is due to an industry-wide dissociation from XRP, following the SEC's suit. Grayscale Investments has confirmed its dissolution of all XRP holdings, marking yet another company dissociating itself from the embattled digital asset at a dire time.

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Grayscale Is In The Process Of Completely Dissolving XRP Trust Following The SEC’s Lawsuit Against Ripple

Grayscale, the world’s largest digital asset investment company has already started terminating its XRP Trust. This comes a week after the firm liquidated XRP positions from its Digital Large Cap Fund.

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Главный хранитель Ripple XRP официально утвержден в качестве банка цифровых активов

Крипто-хранитель, который, среди прочих монет, владеет большим количеством Ripple XRP, получил от ведущего регулятора США право стать цифровым банком. 13 января OCC объявил о своем решении одобрить преобразование Anchorage Trust Company в Anchorage Digital Bank. Это было сделано после того,...

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Three Arrows Reveals Bitcoin Whale Status, Holds $1.2B GBTC Position

Singapore investment firm Three Arrows Capital is probably one of the institutional whales responsible for the massive surge in the price of Bitcoin (BTC) since late 2020 judging by the company’s ownership of Grayscale Bitcoin Trust (GBTC) shares.

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BitGo assets under custody grow to $16 billion amid institutional investments

Digital asset trust company BitGo announced on 24 December that it has $16 billion in assets under custody (AUC). Industry experts believe this could be because big investors are seeking institutionalThe post BitGo assets under custody grow to $16 billion amid institutional investments appeared first on AMBCrypto.

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