And could BitGo’s offering dump the entire stablecoin market on its head?

Plus, the stablecoin market has some new entrants

BitGo’s wrapped bitcoin (wBTC) has a new custodial challenger

BitGo’s using a 1-2-of-3 decentralized verifier network involving LayerZero Labs and Polyhedra

Coinbase hints at “cbBTC” while decentralized alternatives are waiting in the wings

A former mayor becomes latest Coinbase policy adviser, and the special counsel of a crypto venture firm leaves

BitGo CEO Mike Belshe shared his thoughts on the halving and bitcoin ETFs in an interview with Blockworks

Acquired firm Brassica offers custody and transfer agent services for private securities and alternative investments

Copper and BitGo’s collaboration will allow institutions to keep their crypto in regulated cold storage while being able to still access certain exchanges

New offering divides key-holding responsibilities to three institutions in an effort to ease the concerns of institutional allocators

Secure, regulated crypto custody products will be especially “critical” for asset allocators when a spot bitcoin ETF gets approved, BitGo exec says

BitGo raised by far the most capital this week, though it didn’t reveal who put up the money

State Street said goodbye to a longtime crypto executive this week

Hayvn told customers that Prime Trust halted deposits following an order from the Nevada Financial Institution Division on Wednesday

BitGo failed to deliver the required audited financial statements in time, Delaware Chancery Court judge decides

The tentative agreement would result in BitGo purchasing Prime Trust outright, the company said on Thursday

The company is looking to raise $25 million by this weekend, sources said

Under the agreement, BitGo Trust will provide qualified custody services and cold storage for assets held on behalf of Genesis’ institutional clients

The new token is designed to “verifiably” prove that BTC miners are using renewable energy sources

Crypto custody unit BitGo says Galaxy Digital pulled out of its merger deal due to missed profits throughout the bear market

Crypto custody firm seeks damages after its potential buyer backed out of deal originally valued at $1.2B

Industry watchers say firms will likely seek to avoid messy legal battle after Galaxy backs out of decision to buy crypto platform BitGo

Company claims it is owed a $100 million termination fee

Company continues to seek public listing in the US despite deal termination

More institutions will feel comfortable entering the space as secure options become available, BitGo’s chief product officer said