Custody

Custody refers to the safekeeping and management of financial assets, such as securities or cryptocurrencies, on behalf of clients. In the context of digital assets, it involves secure storage and management of cryptocurrencies like bitcoin for institutional investors.

Why it’s in the news: Custody is in the news due to major financial institutions like Citi and BNY Mellon expanding their services to include digital asset custody to meet growing institutional demand.

Latest on Custody

• Citi Debuts New Custody Tools to Meet Demand for Faster Payments
• Citi plans to launch bitcoin custody for institutional clients later this year
• Citi introduces Custody+
• K9 stop on Louisiana’s I-12 uncovers 358 kilos of meth in semi-trailer, driver now in ICE custody
• Galaxy and BNY come together to pair digital asset custody and staking
• Coldcard hack sparks a self-custody security overhaul: Cory Klippsten

Connections

1 entities linked to Custody across the news graph.