custodian

Bloomberg ETF analyst Eric Balchunas disclosed that Canary has updated its spot Trump Coin ETF application documents, adding multiple pieces of information, including the confirmation that BitGo will act as the custodian. Currently, the ETF has not announced a trading symbol.

Gemini's Director of Institutional Business, Patrick Liou, released five predictions for 2026.The 4-year Bitcoin cycle is dead; ETFs and institutional adoption have made the market more mature, with volatility dropping from a historical 80% to 25-40%, and drawdowns only 30% instead of the past 75-90%.Crypto will become a bipartisan issue in the 2026 U.S. midterm elections, with the CLARITY Act expected to break through.The crypto prediction market will expand significantly, with Polymarket's growth attracting players like Coinbase.Digital asset reserve companies will merge to survive; MicroStrategy's massive losses in Q4 last year and a 60% drop in MSTR's stock price show the pressure.At least one country will sell part of its gold reserves to buy Bitcoin; Germany, Sweden, and the Czech Republic have publicly discussed BTC as a reserve asset. Liou believes that 2026 will be driven by institutions, policies, and sovereign capital, rather than speculative cycles.

Ethena Labs announced that Anchorage Digital Bank has officially become one of the custodians supporting the assets behind USDe, joining Copper and Ceffu in the custody lineup. Anchorage Digital Bank is the first federally chartered crypto-native bank in the United States, regulated by the Office of the Comptroller of the Currency (OCC).The agreement has currently enabled addresses starting with 0xAFBb and 0xF270 (both storing Ethereum) as isolated wallets, and they will be included in the weekly published proof of reserves. Starting from January 2026, Anchorage will provide monthly signed and publicly available custody proofs. Additionally, this custody solution will be integrated into the USDe minting and burning smart contracts, allowing users to instantly exchange USDe for stablecoins on demand.

According to The Block, Monad announced that its Layer 1 blockchain and native token MON will launch at 9 AM EST on November 24, and has designated Anchorage Digital as its preferred custodian.Institutional users can securely hold and stake MON through Anchorage's custody platform or the self-custody wallet Porto. MON will be the first project to launch on Coinbase's new public offering platform, with an initial circulating supply lock-up ratio of 50.6%.

ChainCatcher news, on October 22, Nevada regulators issued a cease-and-desist order against the cryptocurrency custody company Fortress Trust (now renamed Elemental Financial Technologies Inc.).According to court documents, the company is currently on the brink of bankruptcy, facing a significant mismatch between assets and liabilities. The regulators explicitly stated in the order that Fortress's liquidity situation is "completely insufficient to meet customer obligations."

ChainCatcher news, according to Businesswire, the crypto-friendly digital bank Anchorage Digital Bank announced that Bank of America has become its reserve custodian for payment stablecoins. It is reported that Anchorage Digital Bank is currently the only federally chartered crypto-native bank operating under the direct supervision of the Office of the Comptroller of the Currency (OCC) in the United States.

ChainCatcher news, according to FinanceFeeds, the New York State Department of Financial Services (NYDFS) has released updated guidelines for licensed virtual currency custodial entities (VCEs).The core requirement of the guidelines is that the custodial structure must ensure that the beneficial ownership of digital assets always belongs to the customers, especially in the event that the custodial entity faces bankruptcy, customer assets must also be protected.NYDFS stated that this update is in response to the surge in demand for virtual asset custody from institutional and retail clients, as well as the increasingly complex "sub-custodial" relationships within the industry. The new guidelines explicitly prohibit custodians from using customer assets for activities such as re-hypothecation or unsecured lending that could harm customer ownership without explicit permission and informed consent.At the same time, stricter due diligence, contractual terms, and disclosure requirements have been imposed on custodians using sub-custodial institutions. The guidelines aim to provide greater clarity and confidence to customers and encourage licensed entities to review their custodial structures and customer agreements. This updated guideline effective in 2025 replaces the previous version from January 2023.

ChainCatcher news, cryptocurrency custodian BitGo today submitted its IPO application documents in the U.S., showing that revenue in the first half of 2025 is expected to reach $4.19 billion, nearly quadrupling compared to the same period last year.The company plans to list on the New York Stock Exchange under the ticker symbol "BTGO," with Goldman Sachs and Citigroup serving as the lead underwriters. As one of the largest crypto custodians in the U.S., BitGo's valuation reached $1.75 billion in 2023 financing.

ChainCatcher news, the UK Bitcoin treasury company The Smarter Web Company announced the introduction of Coinbase Institutional as the custodian for its Bitcoin assets. According to the company's latest disclosed data, its current Bitcoin holdings amount to 2,470 coins, with an average purchase price of £82,421, totaling a value of £203,580,051.

ChainCatcher news, State Street, the world's largest ETF service provider, announced that it has become the first third-party custodian to access JPMorgan's digital debt services, providing institutional clients with blockchain-based debt securities custody services.JPMorgan's digital debt services support the issuance, settlement, and lifecycle management of bonds through the Kinexys digital asset platform, utilizing blockchain technology to achieve precise T+0 settlement and automated operations. The first transaction was completed by State Street's investment management division, purchasing $100 million in commercial paper, marking the modernization of the short-term debt market.

ChainCatcher message, according to Whale Alert monitoring, about 9 minutes ago, 690 BTC (worth approximately $82.47 million) was transferred from Binance to the cryptocurrency custody service provider Ceffu.

ChainCatcher news, according to Jinshi reports, market news indicates that Ripple has chosen Bank of New York Mellon as the custodian for its US dollar reserves in XRP.

ChainCatcher news, according to the official announcement, Coinbase has announced that it will provide crypto asset custody and comprehensive service support for ReserveOne. Coinbase Prime services will combine deep liquidity, stable financing solutions, and secure custody functions to offer on-chain strategy support for institutional clients.

According to ChainCatcher, The Block reports that the federally chartered digital asset bank Anchorage Digital has been appointed as the exclusive custodian and staking partner for the newly launched REX-Osprey Solana + Staking ETF.Unlike the recent wave of spot BTC and ETH ETFs registered under the Securities Act of 1933, the new REX-Osprey ETF is governed by the more stringent Investment Company Act of 1940. This distinction means that qualified custodians must hold the assets, and Anchorage Digital is currently the only federally regulated bank authorized to both custody and stake digital assets. The ETF provides direct exposure to SOL and returns staking rewards to investors.

ChainCatcher news, according to CoinDesk, digital asset infrastructure company Taurus (whose clients include Deutsche Bank and State Street) has launched the first private stablecoin contract aimed at financial institutions and enterprises, designed to address the concerns of users who are hesitant to use stablecoins due to privacy issues.The contract is built on the privacy-focused Ethereum Layer 2 network Aztec Network (backed by a16z), combining zero-knowledge privacy protection with compliance features modeled after USDC, including minting/burning controls, emergency pause, blacklist mechanisms, and audit logs.

ChainCatcher news, according to FinanceFeeds, official sources report that Crypto.com has provided its compliant custody institution with $120 million in crime/species insurance coverage. This insurance is coordinated by the international top insurance brokerage Aon and is backed by a leading underwriting syndicate from Lloyd's of London.It is reported that the insurance covers $100 million in digital assets stored in cold wallets against physical loss, theft, and damage. An additional $20 million is allocated to prevent crime and third-party theft, ensuring comprehensive protection for the custody business.

ChainCatcher news, according to official sources, BitGo has now become the first U.S. compliant custodian to support the Solana liquid staking protocol Marinade. Institutional clients can now stake Solana under full custody and compliance protection, enjoying staking rewards.

ChainCatcher News, SEC Commissioner Mark T. Uyeda called for an expansion of cryptocurrency custody solutions during a roundtable meeting of the cryptocurrency working group on April 25. He believes that proper custody of client assets is a key protective measure under federal securities law, and that cryptocurrencies are no exception to this principle. He suggested allowing state-chartered trust companies to act as qualified custodians and considered modifying the "special purpose broker" system to promote market competition.

ChainCatcher message, Infini has released the latest news on funding and operations on the X platform, disclosing that Infini's funds are currently stored in the Cobo Custodian Wallet, and all functions of the Infini Card (transfer, deposit, withdrawal, and payment) are fully operational.The team is working hard to ensure the highest security for the Infini Earn feature, a process expected to take 3-4 weeks, during which profit distribution will be paused. Information will be updated as soon as Infini earnings resume.

ChainCatcher news, digital asset custody and market service provider Hex Trust officially announced the completion of a new round of strategic financing, led by Morgan Creek Digital, with participation from Injective.The company did not disclose the specific amount of this round of financing but revealed that its total financing has now exceeded 100 million USD. Hex Trust also stated that it will initiate Series C financing later this year and pursue potential strategic acquisitions, with its business currently covering regions such as Hong Kong, Singapore, Dubai, France, and Italy.