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Crypto Custody Craze: State Street, Ripple, and HSBC Join the Party!
- 2024/12/24
- 再生時間： 3 分
- ポッドキャスト
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あらすじ・解説
Digital Assets Decoded: Your Daily Crypto Guide podcast.
Hey there, crypto enthusiasts It's your buddy Crypto Willy here, and I'm excited to share the latest developments in digital asset infrastructure from the past two weeks. Let's dive right in!
First off, big news from State Street and Taurus. They've just announced a partnership to deliver a full-service digital platform for institutional investors. This is huge, folks The agreement will enhance State Street Digital Asset Solutions, providing an integrated business and operating model that supports the digital investment lifecycle. Donna Milrod, Chief Product Officer at State Street, is leading the charge here[1].
Now, let's talk about custody solutions. Ripple has been making waves with its bank-grade custody technology. They've launched new features and functionality to Ripple Custody, which includes a transaction screening service integration, added hardware security module options, and an XRPL integration for tokenizing real-world assets. This is a game-changer for fintechs and crypto businesses looking for secure and scalable digital asset custody. Aaron Slettehaugh, SVP of Product at Ripple, is the mastermind behind this update[2].
But what exactly is digital asset custody? Well, my friends, it's all about securely storing and managing your crypto assets. Think of it like a safe for your digital treasures. Fireblocks has a great explanation of the different types of custody providers, including exchanges, financial institutions, and specialist digital custodians. They also break down the benefits and challenges of direct custody versus sub-custody models[4].
Speaking of traditional financial institutions, HSBC is getting into the crypto game. They're launching an institutional-grade custody service for digital assets, including tokenized securities, in partnership with Metaco. This is a big deal, folks It shows that mainstream banks are starting to take crypto seriously. SIX Digital Exchange is also offering custody services for institutional traders, with a clear separation of trading and custody roles[5].
Now, let's take a step back and talk about the basics. If you're new to crypto, you might be wondering how it all works. AIBc World has a fantastic guide to cryptocurrency for beginners. They explain how blockchain technology ensures transparency, security, and data integrity without the need for a central governing institution. It's a great resource for anyone looking to learn more about the world of crypto[3].
That's all for today, folks I hope you found this update informative and engaging. Remember, the world of crypto is constantly evolving, so stay tuned for more updates from yours truly, Crypto Willy. Happy holidays, and I'll catch you all in the new year
Get the best deals https://amzn.to/3ODvOta
Hey there, crypto enthusiasts It's your buddy Crypto Willy here, and I'm excited to share the latest developments in digital asset infrastructure from the past two weeks. Let's dive right in!
First off, big news from State Street and Taurus. They've just announced a partnership to deliver a full-service digital platform for institutional investors. This is huge, folks The agreement will enhance State Street Digital Asset Solutions, providing an integrated business and operating model that supports the digital investment lifecycle. Donna Milrod, Chief Product Officer at State Street, is leading the charge here[1].
Now, let's talk about custody solutions. Ripple has been making waves with its bank-grade custody technology. They've launched new features and functionality to Ripple Custody, which includes a transaction screening service integration, added hardware security module options, and an XRPL integration for tokenizing real-world assets. This is a game-changer for fintechs and crypto businesses looking for secure and scalable digital asset custody. Aaron Slettehaugh, SVP of Product at Ripple, is the mastermind behind this update[2].
But what exactly is digital asset custody? Well, my friends, it's all about securely storing and managing your crypto assets. Think of it like a safe for your digital treasures. Fireblocks has a great explanation of the different types of custody providers, including exchanges, financial institutions, and specialist digital custodians. They also break down the benefits and challenges of direct custody versus sub-custody models[4].
Speaking of traditional financial institutions, HSBC is getting into the crypto game. They're launching an institutional-grade custody service for digital assets, including tokenized securities, in partnership with Metaco. This is a big deal, folks It shows that mainstream banks are starting to take crypto seriously. SIX Digital Exchange is also offering custody services for institutional traders, with a clear separation of trading and custody roles[5].
Now, let's take a step back and talk about the basics. If you're new to crypto, you might be wondering how it all works. AIBc World has a fantastic guide to cryptocurrency for beginners. They explain how blockchain technology ensures transparency, security, and data integrity without the need for a central governing institution. It's a great resource for anyone looking to learn more about the world of crypto[3].
That's all for today, folks I hope you found this update informative and engaging. Remember, the world of crypto is constantly evolving, so stay tuned for more updates from yours truly, Crypto Willy. Happy holidays, and I'll catch you all in the new year
Get the best deals https://amzn.to/3ODvOta