The report also makes reference to the concerns around money printing as a result of the COVID-19 financial crisis and suggests that some are losing trust in traditional economies.

Abra has teamed up with crypto custodian Prime Trust for the initiative. It means every Abra user would have to verify their identity with Prime Trust via the Abra app before opting for interest accounts.

The ASPEN tokens represent $18 million of indirect ownership in the St. Regis Aspen Resort, a five-star, 179-room luxury hotel located in Aspen, Colorado.

The letter marks a major development for the crypto industry. Previously, custody was the province of specialist firms, such as Coinbase, which typically needed a state license, such as a trust charter, to offer the service to large investors.

Security tokenization could represent a new way to raise capital efficiently. It could unlock liquidity for asset owners by giving them access to a larger potential pool of investors.

The company was founded in February 2019 by Ryan Berkun and Christopher Lee. Berkun and Lee had worked together previously at Fabrx Blockchain, which was founded by Berkun.

Crypto fund manager Grayscale Investments will make Bitcoin Cash and Litecoin available for public trading through shares of the firm’s cryptocurrency trusts.

One company that is doing it differently is Crypterium. Through a unique offering combo of crypto banking options, a wallet, and a payment card, Crypterium is redefining crypto adoption.

The digital bank is no stranger to digital assets, as it already offers a suite of services around these, from digital custody to trading, transaction banking as well as crypto-collateralized lending.

Faculty at the Rotterdam School of Management argue that STOs are better for financing startups than ICOs.

A product of the Winklevoss twins, Gemini Custody is quickly becoming a favourite among start-ups in need of such services – and with good reason.

Revolut gained the regulatory permission to do this by partnering with New York-based trust company Paxos.