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NYDFS Authorizes Bakkt Warehouse To Offer Bitcoin Custody To All Institutions

Ramsey Baker

Summary: Bakkt Warehouse has been announced as a qualified custodian of Bitcoin that is open to all institutions, according to a blog post. Bakkt received authorization from the New York Department of Financial Services (NYDFS) to offer bitcoin custody to all institutions. Pantera Capital, Galaxy Digital and Tagomi have already signed on as initial customers for ...

Bakkt Warehouse has been announced as a qualified custodian of Bitcoin that is open to all institutions, according to a blog post.

Bakkt received authorization from the New York Department of Financial Services (NYDFS) to offer bitcoin custody to all institutions. Pantera Capital, Galaxy Digital and Tagomi have already signed on as initial customers for Bakkt Warehouse with more big-name firms anticipated to join. Bakkt warehouse only served consumers trading Bakkt Bitcoin Futures contracts.

By Ramsey Baker

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Link: NYDFS Authorizes Bakkt Warehouse To Offer Bitcoin Custody To All Institutions   [Copy]
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