The most recent FTX event has triggered a chain reaction in the market, and the aftermath continues to remind the market that centralized custody poses its own risk. The Web3 ecosystem is still in its infancy, and its infrastructure is not yet completely developed. When it comes to digital asset custody, the bulk of custody […]
HashKey Digital Asset Group and SEBA Bank AG have announced a new strategic partnership that will see both financial services groups leverage their digital asset service offerings as well as custody and asset management products to accelerate the institutional adoption of digital assets in Hong Kong and in Switzerland. The strategic partnership, formalised through a Memorandum of Understanding (MOU), will see HashKey become […]
Lockton, the world’s largest independent insurance brokerage, is announcing the creation of a new custody insurance facility available exclusively to its digital asset clients. Developed by Lockton’s Emerging Asset Protection (LEAP) team in collaboration with leading global custody insurers, the facility is supported by Lloyd’s syndicates, together with highly rated insurance companies. This provides Lockton […]