Custody

Spanish security giant Prosegur announces institutional-focused crypto custody service

Spanish security giant Prosegur announces institutional-focused crypto custody service

On Wednesday, Prosegur — a Spanish security company founded in the 1970s — announced a new digital asset custody service focused on institutional clients. “Prosegur Crypto combines the highest standards in physical security, an area in which Prosegur is a world leader, with state-of-the-art cryptographic security technologies,” the firm said in a press statement. “Users’ …

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Industry startups cheer the OCC’s crypto custody move, but don’t bet on big banks jumping into bitcoin just yet

Industry startups cheer the OCC’s crypto custody move, but don’t bet on big banks jumping into bitcoin just yet

Quick Take The U.S. Office of the Comptroller of the Currency has opened the door for banks under its regulatory remit to offer crypto custody services. Industry startups cheered the move and pointed to potential business opportunities for the sector. Experts say the real beneficiaries will be small and medium banks — big banks not …

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Coinbase Custody is the biggest Tezos staking service, despite charging higher fees

Coinbase Custody is the biggest Tezos staking service, despite charging higher fees

Coinbase Custody is the largest operator of a Tezos staking validator, despite charging higher fees. The firm is staking over 65 million XTZ as of March 30, according to research conducted by The Block’s John Dantoni. Coinbase Custody launched its staking service in April 2019. That equates to more than $110 million at today’s XTZ …

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