Zodia Custody’s Post

🌟 Exciting news! Our 21Shares Ethereum Staking ETP (AETH) is now accessible on the London Stock Exchange! Fully backed by Ether, AETH allows you to track the performance of a leading cryptoasset. The Ethereum Network, a cornerstone for Decentralized Finance (DeFi), showcases significant liquidity and a commanding market position, heralding a new era in digital assets. AETH opens the door to staking yields coupled with expert risk management, all while freeing you from the usual asset lock-in periods. Keep an eye on AETH - performance updates are available on the 1st of every month. Embrace the evolution of finance with us. 🌐 https://lnkd.in/gFEeang4 #AETH #Ethereum #LSE

As an institutional digital asset custodian, we welcome the FCA’s updated position on cryptoasset Exchange Traded Notes (ETNs) for professional investors in the UK. We hold an MLR registration with the UK Financial Conduct Authority, an OAM registration in Italy, and are regulated by the Jersey Financial Services Commission (JFSC) and are the trusted custodian for some of the leading ETP issuers. The role of a custodian in crypto ETPs is pivotal, as they are tasked with securely holding and safeguarding the underlying crypto asset. However, not all third-party custodians are alike, and investors should seek custody partners that adhere to stringent standards. Following the approval of spot bitcoin ETPs in the US in January, we shared some guidance on non-negotiables for ETP issuers when selecting a custodian: -Institutional-Grade Security Measures - Independent Third-Party Custody - Ensuring Regulatory Compliance - Segregated Wallets Learn more here: https://lnkd.in/e4xWpA8z Confused about the different types of ETPs? CoinShares shared more on the different types of ETP - ETF, ETN & ETCs here: https://lnkd.in/egjQVKJR Read the FCA’s updated statement here: https://lnkd.in/dQ77J7nS Tailored for institutional needs, Komainu offers comprehensive third-party digital asset custody solutions crafted to suit the requirements of institutional clients. We collaborate with ETP Issuers, Hedge Funds, Institutional Investors, Foundations, and Governments. For further insights into Komainu’s custody offerings, reach out to our team: https://lnkd.in/e2ccBA5V #CryptoETN #BitcoinETN #Bitcoin #DigitalAssets #CryptoETP #Custody #TheTrustedCustodian

Zodia Custody appointed as custodian for DWS Group's Bitcoin & Ethereum ETPs 🔐 We're proud to be appointed the official custodian for DWS Group's Xtrackers Galaxy Physical Bitcoin and Ethereum ETPs, listed today on Xetra alongside Coinbase, State Street, and Galaxy Digital. “To deliver institutional-grade investment solutions, we need to work with high-quality providers. Through its discipline combined with a dedication to digital asset innovation, Zodia Custody is a proven fit for our Xtrackers crypto ETPs,” said Sam Sadayo, Director, Xtrackers Product & Platform Development, DWS Group. “With digital asset ETPs capturing the attention of the market, the combination of our education-first approach and partnering with institutional-grade service providers like Zodia provides a compelling offer. We look forward to working with Zodia Custody to further accelerate digital asset adoption.” “This is exactly the type of collaboration we are built for — combining 160 years of banking experience with the latest in digital asset innovation,” said Julian Sawyer, CEO Zodia Custody. “ETPs are the next evolution in institutional and investor participation, and as the leading custodian for TradFi institutions entering this space, we bring the rigour and regulatory compliance they require together with the very latest digital asset native technology. Together, we will provide effective and secure access to the ETP market, without compromise.” #ZodiaCustody #DigitalAssets #DWS #ETPs

JPMORGAN OPTIMISTIC FOR ETHEREUM ETF APPROVAL - Banking giant JPMorgan has made clear its belief that the SEC’s decision to serve the Robinhood trading platform a Wells Notice relating to its crypto business… - … should not reduce the chances of eventual #Ethereum ETF approval in the United States. "In our opinion, it does not look like the Wells notice should pose an obstacle to an eventual approval by the SEC of spot Ethereum ETFs” - That said, comments from the bank suggest $ETH ETF approval is unlikely to arrive this month in May. - JPMorgan further added that, if the SEC does choose to deny Ethereum ETF applications, then it is… “is likely to face a legal challenge and eventually lose" - The bank further adds that the SEC’s Wells Notice to Robinhood does not necessarily imply that $ETH is a security in the eyes of the regulator… “Robinhood does not only facilitate trading on Bitcoin and Ethereum but on another 13 tokens also” Image: PYMNTS[dot]com

🚀 Introducing DigitalAssetClear: Safe Exposure to Digital Asset Derivatives   https://lnkd.in/eu7uNV9x In partnership with GFO-X, the UK’s first FCA-regulated, centrally cleared trading venue for digital asset derivatives, LCH SA DigitalAssetClear is a fully regulated, segregated clearing service that offers cash-settled Bitcoin index futures and options to institutional participants, setting a new standard for risk management in digital asset markets.   ✔️ Key Benefits 1️⃣ Safe Exposure: Gain access to digital asset derivatives in a regulated, secure environment. 2️⃣ Regulated and Integrated: Trusted, market-leading clearing infrastructure within the LSEG Post Trade ecosystem, based and regulated in Europe. 3️⃣ Complete Segregation of Assets: Financial and operational risk segregation, with separate default fund, waterfall, IT chain and flows As digital assets evolve into mainstream finance, DigitalAssetClear helps clear the path for secure and regulated trading, paving the way for institutional-grade growth in this new asset class.   #DigitalAssetClear #LCHSA #GFOX #BitcoinFutures #InstitutionalFinance #RiskManagement

Zodia Custody at the Swiss ETP Summit: A Spotlight on Crypto Custody's Future Zodia Custody was thrilled to participate in the "Crypto Custodian Showdown: Spotlight on SIX's New Prudential Requirements" panel at last week's Swiss ETP Summit. Our Head of European & Mena Sales Gerry Afentakis joined industry leaders Laurent K., Marcos Benítez Rubianes and Alessandro Fuser for a lively discussion on the evolving landscape of crypto custody. The conversation centered around two key themes: ➡️ The crypto custody journey: past, present, and future - The panelists delved into the significant advancements in crypto custody over the past few years, highlighting the growing adoption and the increasing focus on regulation. ➡️ Regulation & ancillary Services: The discussion highlighted the trend of custodians offering valuable ancillary services, such as Zodia Custody's Gateway platform, to better serve their clients. Being bank-owned and backed, we understand what it takes to serve the Swiss market to the highest level of standards. We are committed to providing secure and innovative solutions for the ever-evolving needs of our clients. A big thank you to the Swiss ETP Summit for hosting this important discussion. #ZodiaCustody #SwissETPSummit

Ethena Labs and BlackRock are teaming up to launch a Stablecoin 🚨 $UStb will be backed by BlackRock's tokenized Treasuries Fund. This move follows Ethena’s success with USDe, their synthetic dollar, which is now the 5th largest stablecoin w/ a $2.6B circulating supply. But what makes UStb different from other Stablecoins? UStb will invest reserves in BlackRock’s BUIDL fund, which holds U.S. dollars and Treasury bills, offering a new, safer alternative to traditional crypto-backed stablecoins. This is a big deal for a few reasons: 1. RWA Backing: Backed by stable, real-world assets like U.S. Treasuries 2. Risk Mitigation: Safety net for risk mgmt and maintaining peg stability 3. Wider Use Cases: Used as margin collateral on major exchanges like Bybit Will stablecoins accelerate mainstream adoption? Follow me for more insights on crypto and web3.

There are 3 things in the world of blockchain and crypto that I maintain will be the shepherds of the "masses"... 1. Bitcoin - as a store of value, hedge against inflation, and a peer to peer value system. 2. Stablecoins - the ultimate payment and savings tool. 3. Video games - what I believe to be the ultimate consumer application of "Web3" technology.

Digital asset investment firm, Valkyrie, has become the first spot Bitcoin Exchange-Traded Fund (ETF) to diversify the custody of its coins, according to a recent Securities and Exchange Commission (SEC) filing.  In a move to enhance security and reliability, Valkyrie is now working with leading custodian provider BitGo, already in addition to Coinbase, to safeguard their funds. #BitGo #CoinCustody #COINBASE #Diversify #spotBitcoinETF #Valkyrie

Options trading on BlackRock’s spot Bitcoin ETF will begin on Tuesday, as confirmed by a Nasdaq spokesperson. The Options Clearing Corporation updated a document signaling the listing of options for the iShares Bitcoin Trust ETF on the Nasdaq. The SEC's approval last month and the OCC's recent memo represent the final hurdles for the launch. Nasdaq's Head of ETP Listings also confirmed the listing of options for BlackRock’s spot Bitcoin ETF. The OCC is preparing for the clearance, settlement, and risk management of these options following the CFTC's advisory. The success of spot Bitcoin ETFs on Wall Street, including BlackRock’s IBIT, has been significant this year, with over $27 billion in inflows. Analysts believe that options for spot Bitcoin ETFs could enhance liquidity and provide greater ease, affordability, and safety for investors participating in the Bitcoin market.