Major financial institutions like BlackRock, Citigroup, and Bank of America are expanding into crypto custody services following SEC policy changes.
3 reports, 2 independent
Updated Aug 15
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 3
- Developments
- 2
- Repetition
- 67%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Major financial institutions like BlackRock, Citigroup, and Bank of America are expanding into crypto custody services following SEC policy changes.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Alpaca is providing custody infrastructure for tokenized stocks.Sub-event
SEC authorized crypto products, spurring major banks to explore stablecoin custody services.1 source
Keep exploring
The entities involved
-
BlackRock
American multinational investment management corporation
-
Securities and Exchange Commission
government agency of the Philippines
-
Citigroup
American investment bank and financial services corporation
Related events
- Citigroup is considering entering the crypto custody services market.
- The crypto market is experiencing a rally, boosting related stocks as major firms like BlackRock remain involved in Bitcoin funds under SEC oversight.
- Trust Co. of Vermont invested in an ETF, leading to a disclosure filed with the SEC.
- BlackRock manages Bitcoin and Ethereum ETFs and filed a reverse split with the SEC.
- A fund disclosed its holdings, including OpenAI, under SEC review.
Coverage
Newest first; wire copies grouped- ReutersCitigroup considers custody and payment services for stablecoins, crypto ETFs By Tatiana Bautzer and Hannah Lang NEW YORK (Reuters) -Citigroup (C) is exploring providing stablecoin custody and other
- ReutersCitigroup considers custody and payment services for stablecoins, crypto ETFs By Tatiana Bautzer and Hannah Lang NEW YORK (Reuters) -Citigroup is exploring providing stablecoin custody and other serv
- The Daily UpsideWhy the SEC Delayed In-Kind Redemptions for Crypto ETFs The SEC has hit pause on allowing in-kind redemptions for crypto ETFs — for now, at least. Crypto issuers like BlackRock, VanEck, Fidelity and