Custody
Fedi to Build Privacy-Focused Bitcoin Mobile App on Fedimint Protocol
The funds from a $4.2M seed round will be used to develop the Fedi mobile app built on top of Fedimint, a Bitcoin “community custody” protocol.

Crypto Custodian Copper Soon to Close Delayed Funding Round: Sources
Copper’s Series C round will value the company around $2 billion, according to two sources. The firm sought a $3 billion valuation in November.

Gnosis Safe Rebrands as Safe, Raises $100M
The platform renamed itself Safe following its community vote to separate from Ethereum infrastructure builder Gnosis.

Coinbase Doesn’t Offer Liability Protection, but That’s No Reason to Panic
The crypto exchange's announcement last month is a sign of regulatory progress to come, according to one institutional investor.

Crypto Custody Firm Qredo Adds Blockchain Analytics to FATF ‘Travel Rule’ Offering
Qredo is bringing its APIs to bear on the global push for crypto AML compliance.

Japanese Bank Sumitomo Mitsui Trust to Establish Digital Asset Custodian: Report
The bank's pivot to digital assets comes alongside a global banking shift toward cryptocurrencies.

FCA Friction Said to Spook Investors Over Copper’s Reported $500M Raise
Temporary registration status from the U.K.’s markets regulator has caused some VC firms to back out or downsize their checks, sources say.

US Firms Providing Custody Services Should Account for Crypto Assets as Liability, Disclose Risk, SEC Says
The guidance would apply to U.S.-listed exchanges and other firms providing cryptocurrency services and holding digital assets on behalf of clients.

Unchained Capital Discloses Data Leak at Email Marketing Partner
The bitcoin-only financial services provider says, however, that none of its own systems were compromised.

State Street to Offer Crypto Custody in Pact With Copper
The move follows the custodial banking giant launching its crypto division in June.
