Express

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

Last Update:

Tags: ,,
Link: NYDFS Authorizes Bakkt Warehouse To Offer Bitcoin Custody To All Institutions   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 5 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 11 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 14 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 15 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 18 days ago
  • You need to login to comment.