A spokesperson for Deutsche Bank tells AST: “We are looking at crypto custody. However, these discussions have just started and we haven’t made a formal decision yet"
Som Seif, founder and CEO of Purpose Investments, says: “Purpose Bitcoin ETF will change the landscape for investors by giving them a simple, efficient and affordable way to directly access the cryptocurrency"
The new partnership will enable new digital asset marketplaces to launch on an end-to-end exchange platform, which will include registry, custody, trading, matching and clearing services
Caroline Butler, head of Custody at BNY Mellon, says: "Building the bridge between the traditional and digital spaces will create a front-to-back ecosystem for innovation"
“We have been tracking the evolution of financial market systems and the opportunities for development of digital infrastructure that will transform how financial transactions are conducted," says Temasek's Pradyumna Agrawa
The working group will ensure that the added regulation meets the global market standards for exchanges and other marketplace platforms, as well as considering recently defined standards set by the EU and other international bodies
Deutsche Bank Securities Services has teamed up with Singapore fintech Hashstacs (STACS) to explore a proof of concept related to the technological and practical feasibility of digital assets interoperability
