Bitgo Becomes First Crypto Firm to Go Public in 2026
Bitgo has priced its initial public offering (IPO) at $18 per share, raising about $213 million and entering public markets with a valuation of roughly $2 billion. Bitgo IPO Signals…
Report: Nevada Regulators Freeze Crypto Custodian’s Activities After Discovering $11M Shortfall
Nevada’s Financial Institutions Division dropped the hammer on Fortress Trust, the crypto custodian based in the Silver State, after discovering an $11 million hole in client funds, according to a…
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German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary
Blocknox, a subsidiary of one of Europe’s largest stock exchanges, Boerse Stuttgart, has been licensed to operate as a crypto custodian in Germany. The authorization will allow the company to…
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Nasdaq Aims to Launch Crypto Custody Services in Second Quarter
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that…
2.6% Market
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Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market
As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the…