BNY Mellon, the world's largest custody bank, is expanding its stablecoin services to institutional clients, starting with Circle's USDC custody and minting.
Institutional banking provider FundBank has rebranded as IRACE Digital, expanding into digital asset custody, liquidity, and execution under former Zodia Custody CEO John Cronin.
Digital asset custodian BitGo has reduced its workforce by 15% to strategically prioritize its artificial intelligence (AI) and stablecoin initiatives.
BitGo has achieved a significant milestone, becoming the first dedicated digital asset infrastructure company to join the prestigious Fortune 500 list.