A leading Brazilian digital bank has received conditional approval from the OCC to offer deposit accounts, credit cards, lending and digital asset custody in the United States. The step signals a notable push by a Latin American fintech into U.S. regulated crypto services.
Garanti BBVA Kripto, the digital-asset arm of Turkey’s second-largest private bank, has renewed and expanded its custody partnership with Ripple to deepen institutional support for XRP custody. The move strengthens Turkey’s crypto infrastructure and broadens custody options for bank clients.
Ripple has partnered with DXC Technology to embed crypto custody and payments into DXC’s core banking system that handles trillions in deposits and millions of customer accounts worldwide. The integration positions blockchain services alongside traditional banking rails and could expand real-world utility for XRP.
BitGo Holdings set its IPO price at $18 per share, topping the previously marketed range, Bloomberg reported. The pricing suggests stronger-than-expected demand for crypto custody infrastructure from investors.
BitGo has relocated its headquarters from Palo Alto to South Dakota as it prepares for an IPO aimed at a $2 billion valuation. The shift reflects a strategic move into a more business- and tax-friendly jurisdiction while the custody firm positions for public markets.
Ethena has expanded its custody framework with Kraken, Anchorage and Zodia to safeguard about $5 billion in stablecoin assets as backing shifts into treasury assets. The move is designed to add institutional-grade custody and reassure markets amid the protocol's asset transition.
Hong Kong’s Financial Services and the Treasury Bureau (FSTB) and Securities and Futures Commission (SFC) will introduce new licensing rules for virtual asset dealers and custodians, expanding the city’s digital-asset regulatory framework beyond its stablecoin roadmap and tokenization guidance. Regulators say the move aims to bolster oversight and support institutional participation in the market.
BitGo has added Lightning Network support to its qualified custody platform in New York, letting institutional clients make significantly faster and cheaper Bitcoin payments directly from custody. The integration aims to combine Layer 2 payment speed with a regulated custody environment.
SBI Digital Markets, regulated by the Monetary Authority of Singapore, will act as institutional custodian and provide segregated custody for XRP client assets. The move is part of Ripple’s broader effort to build yield-bearing institutional products for Asian markets.
Standard Chartered and Coinbase are broadening their partnership to build institutional trading, custody, and financing solutions aimed at asset managers and corporate clients.