Hex Trust Secures Investment from Cyberport, Hong Kong Government’s FinTech Hub

Hong Kong, June 30, 2021 – digital asset custodian Hex Trust announced it has successfully secured investment from Cyberport, Hong Kong’s largest FinTech hub and innovative digital community, which is wholly owned by the Hong Kong SAR Government. It did not mention the amount of investment from Cyberport. According to…

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Deutsche Börse Group has acquired a majority stake in Crypto Finance AG, a financial group under consolidated FINMA supervision that offers trading, storage, and investment in digital assets to institutional and professional clients. Through the acquisition, Deutsche Börse further extends its offering for digital assets by providing a direct entry…

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Sepior’s MPC tech integrated into sbiwallet, a new crypto custody service by SBI Digital Asset

Tokyo, Japan – 27, April 2021. Sepior, a provider of threshold key management technologies and solutions using secure multiparty computation (MPC), and SBI Digital Asset Holdings (SBI DAH), the digital asset arm of the SBI Group, announced the integration of Sepior’s ThresholdSig software with the sbiwallet; a new wallet service…

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Hex Trust & Parsiq: collaboration to enhance digital asset custody security

Hex Trust, Asia`s leading digital asset custodian, has entered into a new strategic partnership with PARSIQ, a blockchain monitoring and event tracking service provider. While keeping Parsiq’s PRQ tokens safe, the collaboration also offers Hex Trust’s clients additional security with enterprise-grade monitoring. PARSIQ is a “reverse-oracle” blockchain platform that addresses…

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Dutch Crypto exchange LiteBit partners with RIDDLE&CODE

In a press release dated April 13, 2021, RIDDLE&CODE announced that leading Dutch crypto exchange LiteBit has decided to use its Token Management Platform (TMP) to scale its own infrastructure, respond to regulatory requirements and provide new functionality to its growing customer base. With this partnership, the leading Dutch crypto…

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Hex Trust has closed a multi-million dollar funding round

According to a press release, Hex Trust, which is licensed as a trust in Hong Kong, raised $6 million in a Series A funding round led by QBN Capital. Other investors included Cell Rising, Radiant Tech Ventures, Kenetic Capital, HashKey, MD Labs, Fenbushi Capital, Borderless Capital, Genesis Block Ventures and…

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BNY Mellon invests in digital asset custody platform Fireblocks

New York City-based Crypto custodian Fireblocks has raised $133 million in Series C venture capital funding with strategic investment from BNY Mellon and Silicon Valley Bank. The round was led by Coatue, Ribbit, and Stripes. The completion of the round brings the company’s total amount of venture capital raised to…

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BNY is hiring Blockchain specialists in various locations!

The Bank of New York Mellon, the oldest bank in the U.S., announced a few weeks ago that it will in the future hold, transfer and issue Bitcoin (BTC) on behalf of its customers. The reason for this, according to the bank, was the increased demand from institutional investors. Roman…

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John Izaguirre joins Prosegur Crypto

John Izaguirre, who previously was Director of Business Development Europe at Ontology, joined Prosegur Crypto as Head of Sales and Partnerships. Prosegur Crypto, which is a subsidiary of Spanish security giant Prosegur, recently launched its new digital asset custody service focused on institutional clients. It is the first global security…

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Crypto custodian Protego gets national charter from the OCC

On February 5th, the Office of the Comptroller of the Currency (OCC) announced conditional approval of the conversion of Protego Trust Company, a Washington state-chartered trust company, to become Protego Trust Bank, National Association. The conditional approval was granted after thorough review of Protego’s conversion application. Protego is the second…

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