Bakkt, the ICE-backed crypto exchange, will roll out its own custodian solution dubbed ‘Bakkt Warehouse’ on Sept. 6. This an ambitious step to disrupt the rapidly growing cryptocurrency custody market.
On Sept 6, our Warehouse will begin offering secure storage of customer bitcoin to prepare for the launch of Bakkt Bitcoin Daily & Monthly Futures when they launch on Sept 23— Bakkt (@Bakkt) August 28, 2019
These contracts will enable physical delivery of bitcoin with end-to-end regulated markets and custody
As reported by U.Today, the company earlier announced the launch of its physically-delivered Bitcoin futures, which is slated for Sept. 23.
US financial giant Wells Fargo is developing a US dollar-linked stablecoin that will run on the firm’s first blockchain platform. The so-called Wells Fargo Digital Cash is planned to facilitate internal cross-border settlements
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The largest crypto exchange by volume is making its U.S. debut next week.
The Gemini exchange is launching an institutional-grade crypto custody solution, according to an announcement Tuesday.