As EQUOS rolls out borrowing and lending capabilities, EQO will be used to boost yields available on assets held in Digivault, the hot and cold wallet custodian integrated into EQUOS
The $25 million Series A was led by Alan Howard’s Elwood Asset Management with additional participation from Galaxy Digital, NOIA Capital and Nomura Research Institute
"There are a multitude of crypto funds coming to the global markets by a variety of methods, massively expanding the number of institutions bringing crypto products to their investors," says Dave Abner, global head of business at Gemini
The trust’s investment objective is to reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate less the expenses of the Trust’s operations
24 January 2021Switzerland Reporter: Maddie Saghir
According to SIB, with the emergence of Bitcoin and the recently proposed digital currencies, central banks have growing competition from actors offering their own digital alternative to physical cash
The new solution ‘Access’ will allow investors to manage their portfolios using institutional technology that is tailored specifically for cryptocurrencies
A spokesperson for Deutsche Bank tells AST: “We are looking at crypto custody. However, these discussions have just started and we haven’t made a formal decision yet"
Som Seif, founder and CEO of Purpose Investments, says: “Purpose Bitcoin ETF will change the landscape for investors by giving them a simple, efficient and affordable way to directly access the cryptocurrency"
The new partnership will enable new digital asset marketplaces to launch on an end-to-end exchange platform, which will include registry, custody, trading, matching and clearing services
Caroline Butler, head of Custody at BNY Mellon, says: "Building the bridge between the traditional and digital spaces will create a front-to-back ecosystem for innovation"
