Custody | Jotup

Cobo and Bitmap Tech Join Forces to Establish Merlin Chain, a Bitcoin Layer 2 Network with MPC Custody Technology

Retrieved on:

Friday, February 2, 2024

Partnership, MPC, Merlin, Failure, Attack, Secure multi-party computation, Collection, Ordinal, Entrepreneurship, Custody, BTC, Blue box, Cryptocurrency

SINGAPORE, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Cobo, a leading provider of digital asset custody solutions, has announced a strategic partnership with Merlin Chain, an innovative Bitcoin Layer 2 solution.

Key Points:

Merlin Chain is a subsidiary product line from Bitmap Tech (formerly RCSV), a premier team boasting an overall market cap exceeding $500 million.
Merlin Chain will bridge multiple native assets from Bitcoin Layer 1 to Layer 2, utilizing Cobo’s cutting-edge MPC wallet solution - Cobo MPC Co-Managed Custody, to ensure all funds remain non-custodial and secure.
Cobo MPC Co-Managed Custody solution employs advanced Multi-Party Computation technology to implement a Threshold Signature Scheme.
Our pioneering Layer 2 solution, Merlin Chain, fueled by the power of Cobo’s MPC Co-managed Custody, is set to redefine user experience, security, and accessibility of the Bitcoin network.”

Nasdaq Launches New Technology to Scale Global Carbon Markets

Retrieved on:

Wednesday, November 29, 2023

Carbon, Climate change, Private, Ecosystem, Partnership, Risk, Registry, Trust, Retirement, NDAQ, Institutionalisation, Digital asset, Custody, Settlement, Enterprise, Growth, API, Cryptocurrency

NEW YORK, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced the launch of a pioneering new technology that securely digitizes the issuance, settlement, and custody of carbon credits. It will be provided to market infrastructures, registry platforms, and other service providers globally.

Key Points:

The service will ultimately support the development and institutionalization of global carbon markets.
“Fragmented technology choices in the trading and settlement of carbon credits has prevented the carbon industry from growing and maturing as an asset class.
Additionally, Nasdaq offers infrastructure optionality that enables the technology to be deployed on either a centralized database or using private blockchain technology.
It consists of high-quality carbon removal methodologies, aligned with the Intergovernmental Panel on Climate Change definition for carbon removal.

Robinhood Markets, Inc. Reports October 2023 Operating Data

Retrieved on:

Wednesday, November 15, 2023

Crypto, Robinhood Markets, Net, AUC, NCFA, Cryptocurrency, Custody

MENLO PARK, Calif., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported selected monthly operating data for October 2023:

Key Points:

MENLO PARK, Calif., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported selected monthly operating data for October 2023:
Net Cumulative Funded Accounts (NCFA) at the end of October were 23.3 million, up approximately 30 thousand from September 2023(1).
Assets Under Custody (AUC) at the end of October were $84.6 billion, down 2% from September 2023.
Net Deposits were $1.0 billion in October, translating to a 14% annualized growth rate relative to September 2023 AUC.
Cash Sweep Balances at the end of October were $13.9 billion, up $0.3 billion (2%) from the end of September 2023.

Innervate Unveils Next Generation of Industry's First Enterprise-Grade Generative AI Solution for Customer Experiences

Retrieved on:

Tuesday, October 31, 2023

SAN CARLOS, Calif., Oct. 31, 2023 /PRNewswire/ -- Innervate, the dynamic customer experience company, today announced a powerful next generation of its industry-first AI-powered Digital Asset Management (DAM) solution. The release is packed with new generally available features, including AI HTML5-Asset Generator, AI Marketing Copy Generator, Enterprise Catalog Image & Video Generator, Multi-Variant Manager and Digital Asset Traceability — all available alongside nearly 100 other dynamic CX apps within the Innervate AppXchange. Unlike AI tools for highly technical users, Innervate's industry-first DAM capabilities empower non-technical users with generative AI to orchestrate world-class dynamic customer experiences seamlessly at scale at a tiny fraction of the time and effort previously required.

Key Points:

SAN CARLOS, Calif., Oct. 31, 2023 /PRNewswire/ -- Innervate , the dynamic customer experience company, today announced a powerful next generation of its industry-first AI-powered Digital Asset Management (DAM) solution .
Unlike AI tools for highly technical users, Innervate's industry-first DAM capabilities empower non-technical users with generative AI to orchestrate world-class dynamic customer experiences seamlessly at scale at a tiny fraction of the time and effort previously required.
"Now, with the next generation of our industry-first generative AI technology, Innervate clients can easily generate and manipulate content dynamically at scale, then deliver AI-powered customer experiences to any consumer touchpoint or other internal system."
AI Generation Indicator: Identifies whether the asset was produced using AI, providing clarity on its authenticity.

Crypto for the Culture: Where Titans in Web3 and Blockchain Converge

Retrieved on:

Tuesday, September 26, 2023

ORLANDO, Fla., Sept. 26, 2023 /PRNewswire/ -- Since 2021, the innovative minds behind Crypto Tutors have identified a significant gap in Web3 conferences: a startling lack of diversity. Not only were such events prohibitively expensive, ranging from $500-$10K, but they also failed to capture the full spectrum of talent and expertise in the Web3 (blockchain technology, NFTs, digital currencies, crypto, metaverse) community. Addressing this, Crypto Tutors pioneered 'Crypto For The Culture', the premiere Web3 Diversity Conference offering unparalleled accessibility and inclusivity.

Key Points:

Not only were such events prohibitively expensive, ranging from $500-$10K, but they also failed to capture the full spectrum of talent and expertise in the Web3 (blockchain technology, NFTs, digital currencies, crypto, metaverse) community.
Addressing this, Crypto Tutors pioneered 'Crypto For The Culture', the premiere Web3 Diversity Conference offering unparalleled accessibility and inclusivity.
Crypto Tutors' credibility is underscored by their award-winning company and Fortune 500 battle-tested B2B Web3 education, cementing their position as trusted industry leaders.
Let's reimagine the future of Web3, making it as diverse and inclusive as the world we live in.

Zodia Custody to Provide Institutional Support and Custody Services for the Polkadot Ecosystem

Retrieved on:

Wednesday, September 13, 2023

The partnership will enable institutional access to the Polkadot ecosystem and in the longer term, broaden the Polkadot ecosystem’s institutional adoption via joint research and development initiatives.

Key Points:

The partnership will enable institutional access to the Polkadot ecosystem and in the longer term, broaden the Polkadot ecosystem’s institutional adoption via joint research and development initiatives.
View the full release here: https://www.businesswire.com/news/home/20230913154338/en/
The partnership’s first major implementation will see Zodia Custody provide custody services for the Polkadot ecosystem, enabling secure market access and bank-grade digital asset custody services for financial institutions.
“It will allow financial institutions to actively participate in the Web3 future being built on Polkadot, and will also help the Polkadot ecosystem to engage directly with institutions.
Zodia Custody will also support various Parity and Polkadot global initiatives.

GRAX Introduces Free Data Backup and Recovery Service for Salesforce

Retrieved on:

Wednesday, September 6, 2023

Data Analytics, Data Management, Professional Services, Technology, Software, Data management, Software as a service, Amazon Web Services, Custody, Record, Organization, Digital, AWS, Cryptocurrency, Online shopping, Heating, ventilation, and air conditioning, Video game, Salesforce

GRAX, Inc. , a leading innovator in Salesforce data management and protection, announces the general availability of GRAX Lite for free Salesforce backup and recovery .

Key Points:

GRAX, Inc. , a leading innovator in Salesforce data management and protection, announces the general availability of GRAX Lite for free Salesforce backup and recovery .
GRAX Lite is a game-changing free solution that enables businesses to prevent data loss by safeguarding their Salesforce data.
Key capabilities of GRAX Lite for Salesforce Backup and Recovery:
Effortless Backup and Recovery: GRAX Lite simplifies the backup process allowing users to protect and easily restore their Salesforce data with just a couple of clicks.
By providing a free and user-friendly solution for Salesforce backup and recovery, GRAX Lite empowers organizations to take back ownership of their data assets, create a comprehensive backup strategy, and focus on driving business growth.

Standard Custody & Trust Company and GSR to Offer Clients Secure Settlement and Escrow Services

Retrieved on:

Wednesday, August 30, 2023

Fintech, Asset Management, Professional Services, Finance, GSR, New York State Department of Financial Services, Entrepreneurship, Custody, Financial services, Risk, Security (finance), Bank

Standard Custody & Trust Company, LLC (“Standard Custody”), a New York Department of Financial Services regulated limited purpose trust company and qualified custodian, is excited to work with GSR Markets Limited (“GSR”), a leading digital asset liquidity provider and trading firm, to support its escrow services.

Key Points:

Standard Custody & Trust Company, LLC (“Standard Custody”), a New York Department of Financial Services regulated limited purpose trust company and qualified custodian, is excited to work with GSR Markets Limited (“GSR”), a leading digital asset liquidity provider and trading firm, to support its escrow services.
As a trusted and established qualified custodian, Standard Custody understands the importance of safeguarding client assets.
Standard Custody has created a seamless and secure escrow solution that clients are leveraging through its collaboration with GSR and other best-in-class trading firms.
By collaborating with an industry leader like GSR, clients can confidently access liquidity with a leading provider while significantly reducing credit and settlement risk,” said Jack McDonald, CEO of Standard Custody.

Etana Custody Launches Digital Asset Trading Services For Credit Unions

Retrieved on:

Wednesday, August 2, 2023

Professional Services, Technology, Cryptocurrency, Finance, Fintech, Banking, Digital Cash Management, Digital Assets, Crypto, Entrepreneurship, Theft, Digital, Partnership, Fraud, Trust, Content as a service, Environment, Custody, Etana

Etana Custody (Etana), an industry leader in digital asset custody and trade support solutions announced the successful onboarding of WeStreet Credit Union in collaboration with CryptoFi, a Cryptocurrency-as-a-Service (CaaS) company.

Key Points:

Etana Custody (Etana), an industry leader in digital asset custody and trade support solutions announced the successful onboarding of WeStreet Credit Union in collaboration with CryptoFi, a Cryptocurrency-as-a-Service (CaaS) company.
Through its partnership with CryptoFi, Etana aims to onboard numerous credit unions onto its custodial platform, which safeguards assets from fraud and theft.
This offering enables credit unions and other financial institutions to efficiently generate revenue from digital asset services while retaining customers who may otherwise seek alternatives.
"By leveraging our robust custodial platform and comprehensive digital asset trading, clearing, and settlement services, we are capable of delivering bank-grade security that credit unions can rely on to provide the highest trust and confidence to their members."

Standard Custody Partners with L1 Advisors to Offer Industry-first Integrated Qualified Custody and Self-custody Services

Retrieved on:

Thursday, July 27, 2023

Professional Services, Technology, Blockchain, Finance, Asset Management, Digital Cash Management, Digital Assets, Partnership, L1, Financial adviser, Custody, NYDFS, Financial services

Standard Custody & Trust Company, a NYDFS chartered company providing institutional-grade custody, escrow, and settlement services for digital assets, announced a groundbreaking partnership with L1 Advisors, a pioneering onchain wealth management platform for financial advisors and their clients.

Key Points:

Standard Custody & Trust Company, a NYDFS chartered company providing institutional-grade custody, escrow, and settlement services for digital assets, announced a groundbreaking partnership with L1 Advisors, a pioneering onchain wealth management platform for financial advisors and their clients.
This innovative approach combines the security and convenience of qualified custody with the portability and self-sovereignty of self-custody.
“I'm excited to leverage the L1 Advisors and Standard Custody product integration.
This collaboration signals a milestone in the evolution of digital assets management and advisory, and both Standard Custody and L1 Advisors look forward to shaping the future of wealth management.