Crypto.com Launches Institutional Custody and Liquidity for Sui (SUI)

A U.S. banking policy shift that injected fresh liquidity into the system sparked renewed momentum for Bitcoin and other major digital assets. Traders reacted to easier funding conditions and a softer short-term rate tone from the Fed.

Onchain tracking shows SpaceX transferred 1,163 BTC today, splitting funds across two wallets; the move was flagged by Sani's Timechain bot and follows a similar reshuffle in November. The transfer suggests continued treasury or custody activity rather than an immediate market sale.

Binance has launched bespoke private-client services targeting ultra-wealthy investors and family offices, offering tailored OTC, custody and lending solutions. The push aims to draw institutional-sized flows while likely increasing regulatory and compliance scrutiny.

MoonPay has been granted a New York Limited Purpose Trust Company charter, enabling it to offer institutional-grade digital asset custody and trading services under state oversight. The move strengthens its regulatory footing and could attract more institutional clients.

Paxos announced on Tuesday that it has acquired Fordefi as part of a push to broaden its custody offerings for institutional clients. The deal brings Fordefi’s custody technology and team into Paxos’ regulated infrastructure.