BitGo appointed custodian for CoinDCX to provide secure and safe digital asset services

BitGo, a US-based digital asset services provider, becomes a custodian for CoinDCX, an India-based cryptocurrency exchange, and liquidity generator. BitGo launched its first multi-signature wallet in 2013. Currently, the custodian supports over 100 coins and ample amounts of on-chain Bitcoin transactions. Basically providing security, compliance, and custodial solutions, BitGo estimates…

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Bitfinex partners with Koine to Launch Institutional Grade Custody Solution

Koine, a London-based UK regulated digital asset custodian, and Bitfinex announced on 13 May 2020 that they will jointly launch institution-grade custody and post-trade services. Koine will be providing the exchange with a series of services that can help professional traders to mitigate the counterparty and settlement risks associated with…

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CMTA Issues New Common Standards for Crypto Custody

The Geneva-based Capital Markets and Technology Association (CMTA) has released a common industry standard for the custody and management of digital assets. The CMTA’s „Digital Assets Custody Standard“ (DACS), announced on April 30, 2020, aims to clarify the differences between the storage of cryptocurrencies and traditional assets and to establish basic…

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