# Custody Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Custody", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

South Korean Prosecutors Probe $49M Bitcoin Loss From State Custody

South Korean prosecutors are investigating the loss of approximately $49 million in Bitcoin from state custody. The incident, believed to have occurred in mid-2025, was caused by a phishing attack rather than an external system breach. An employee inadvertently accessed a fraudulent website during a routine inspection, compromising private keys stored on a USB device. The Bitcoin was irreversibly transferred, with no possibility of recovery. While officials confirmed an ongoing internal probe, they declined to disclose exact figures or operational details. This event raises concerns about government agencies' technical preparedness for securing digital assets, highlighting the need for robust operational measures and key management protocols.

TheNewsCrypto8h ago

South Korean Prosecutors Probe $49M Bitcoin Loss From State Custody

TheNewsCrypto8h ago

Crypto 'Guardian' Rings the Bell at the New York Stock Exchange

BitGo ($BTGO), a leading cryptocurrency custody provider, went public on the New York Stock Exchange on January 22, pricing its IPO at $18 per share. The stock opened at $22.43, rising about 25% on its first day, giving the company a valuation of approximately $2 billion. Founded in 2013 by Mike Belshe, BitGo pioneered multi-signature wallet technology and later became a regulated trust company, positioning itself as a key infrastructure provider for institutional investors. Its core business revolves around custody services, staking, trading, and stablecoin-as-a-service offerings. In 2025, BitGo generated an estimated $195.9 million in core economic revenue, with nearly half coming from high-margin subscription services. The company serves over 4,900 institutional clients and has become a critical backend provider for major Bitcoin and Ethereum ETFs. Notably, BitGo tokenized its stock on the same day as its IPO through a partnership with Ondo Finance, enabling trading on Ethereum, Solana, and BNB Chain and bridging traditional finance with DeFi. The successful IPO reflects growing investor confidence in crypto infrastructure companies with sustainable business models and regulatory compliance, signaling continued maturation in the digital asset industry.

比推17h ago

Crypto 'Guardian' Rings the Bell at the New York Stock Exchange

比推17h ago

What Happens If XRP Starts Competing With Major Banks?

The article explores the evolving role of XRP and Ripple, suggesting they are transitioning from merely coexisting with global banks to potentially competing with them directly. Ripple's recent strategic acquisitions, such as Hidden Road (now Ripple Prime) for prime brokerage, GTreasury for treasury management, and Rail for stablecoin payments, have expanded its capabilities into core banking functions like clearing, custody, and liquidity services. These moves position Ripple to challenge traditional banks in multi-trillion-dollar revenue streams like treasury, remittances, and custody. Ripple aims to capture a significant share of cross-border transactions, competing with SWIFT, while banks face costly infrastructure upgrades to remain competitive. The shift signals a broader transformation in the line between cryptocurrency and traditional banking.

bitcoinist17h ago

What Happens If XRP Starts Competing With Major Banks?

bitcoinist17h ago

BitGo IPO signals Wall Street’s growing appetite for crypto infrastructure

Crypto custody firm BitGo has raised $212.8 million in its U.S. IPO, marking the first major crypto-native public offering of 2026. Priced at $18 per share, above its marketed range, the company is valued at approximately $2.1 billion. The listing reflects a shift in investor interest from speculative trading toward regulated infrastructure providers that offer custody, settlement, and compliance services. BitGo’s steady revenue model, tied to assets under custody, aligns more closely with traditional fintech than volatile crypto markets. This IPO follows a trend from 2025, where over ten crypto infrastructure firms went public, signaling growing public market appetite for compliant, revenue-generating blockchain businesses. BitGo’s debut may set the tone for 2026, indicating that crypto infrastructure is moving closer to the financial mainstream.

ambcrypto22h ago

BitGo IPO signals Wall Street’s growing appetite for crypto infrastructure

ambcrypto22h ago

Laser Digital Introduces Tokenized Bitcoin Yield Fund Targeting Institutional Demand

Laser Digital, a Nomura-backed crypto investment firm, has launched the Laser Digital Bitcoin Diversified Yield Fund SP, the first-of-its-kind tokenized Bitcoin yield fund. This fund allows long-term Bitcoin holders to earn returns through low-risk, market-neutral strategies such as arbitrage, crypto lending, and options, rather than relying solely on price appreciation. The fund itself is issued as a token on the blockchain, with tokenization handled by KAIO and custody provided by Komainu. It targets institutional and professional investors with a minimum investment of $250,000 (or Bitcoin equivalent) and is not available to U.S. investors. The fund aims to deliver over 5% net excess return above Bitcoin’s price movement over rolling 12-month periods. CEO Jez Mohideen stated that the product reflects a growing demand for Bitcoin-based income without significant risk, signaling the maturation of Bitcoin into a full-fledged asset management offering.

TheNewsCryptoYesterday 12:38

Laser Digital Introduces Tokenized Bitcoin Yield Fund Targeting Institutional Demand

TheNewsCryptoYesterday 12:38

BitGo Raises Over $212 Million in IPO as Investor Interest for Crypto Infrastructure Grows

BitGo, the largest U.S. crypto custody firm, has priced its IPO above expectations at $18 per share, raising approximately $212.8 million. Trading is set to begin on January 22, 2026, on the NYSE under the symbol BTGO. The strong investor demand reflects a growing preference for regulated crypto infrastructure over speculative tokens. BitGo, which safeguards around $104 billion in digital assets, provides custody, wallet, staking, and settlement services to institutional clients. The IPO, led by Goldman Sachs and Citigroup, coincides with stabilizing U.S. crypto regulations. BitGo recently received conditional approval for a U.S. banking charter, reducing legal risks and highlighting a market shift toward security and regulation.

TheNewsCryptoYesterday 08:37

BitGo Raises Over $212 Million in IPO as Investor Interest for Crypto Infrastructure Grows

TheNewsCryptoYesterday 08:37

Ripple President Long Unveils Her 2026 Crypto Predictions

Ripple President Monica Long predicts that by 2026, institutional crypto adoption will shift decisively from pilots to production stage, driven by four key trends: stablecoins, tokenization, custody consolidation, and AI automation. She expects stablecoins like Ripple USD (RLUSD) to become the foundational global settlement layer, especially in B2B payments, citing growing regulatory support and significant idle corporate capital. Tokenization will drive institutional adoption, with over $1 trillion in digital assets on balance sheets and half of Fortune 500 companies formalizing digital asset strategies. Custody services will consolidate as the sector matures, with major banks expanding custody relationships. Finally, AI and blockchain will converge to automate treasury and risk management through smart contracts and privacy-preserving tech like zero-knowledge proofs.

bitcoinistYesterday 15:36

Ripple President Long Unveils Her 2026 Crypto Predictions

bitcoinistYesterday 15:36

Hong Kong Industry Group Pushes Back on Tougher Crypto Manager Rules

A Hong Kong securities industry group, the HKSFPA, has criticized key parts of the city's proposed regulatory framework for virtual asset management. The group warns that the plan could deter traditional asset managers from gaining exposure to cryptocurrencies. A major point of contention is the removal of the existing 10% threshold, which currently allows Type 9 licensed managers to allocate a small portion of a fund to crypto without a full license. The proposed rules would require a full virtual asset license for any crypto allocation, which the HKSFPA calls disproportionate and costly. The group also raised concerns that proposed custody rules, requiring assets to be held only with SFC-licensed custodians, would disrupt venture capital and early-stage token investing, as many local custodians do not support such assets. The feedback highlights the industry's desire for risk-commensurate regulation rather than a one-size-fits-all approach that could hinder Hong Kong's ambitions to become a crypto hub.

TheNewsCrypto01/20 11:05

Hong Kong Industry Group Pushes Back on Tougher Crypto Manager Rules

TheNewsCrypto01/20 11:05

Crypto Bank Anchorage Digital Targets $400M Funding Ahead Of IPO

Anchorage Digital, a federally chartered crypto bank, is seeking to raise $200–$400 million in new funding as it prepares for a potential public listing. This move aims to strengthen its business and position it among the few regulated crypto-native companies to go public. The firm, last valued at over $3 billion, leverages its federal charter to offer custody services perceived as safer for institutional clients. Anchorage is also expanding its stablecoin offerings and exploring new partnerships to broaden its product suite. Market observers note growing institutional demand for regulated crypto services, with a possible IPO as early as next year. The successful funding and listing would signal confidence in crypto firms with bank-style oversight.

bitcoinist01/18 14:01

Crypto Bank Anchorage Digital Targets $400M Funding Ahead Of IPO

bitcoinist01/18 14:01

US Official Says Seized Bitcoin From Samourai Case Was Not Sold

A senior White House advisor confirmed that the 57.55 BTC (worth approximately $6.3 million) seized in the Samourai Wallet case has not been sold by the U.S. government. The Bitcoin will instead be held in the Strategic Bitcoin Reserve, as directed by Executive Order 14233 signed by President Trump in March 2025. The clarification came after blockchain analysts observed a transfer to a Coinbase Prime address, sparking speculation about a potential sale. The Department of Justice stated the transfer was an internal custody procedure and not a liquidation. The case involved Samourai Wallet developers who pleaded guilty to operating an unlicensed money-transmitting service and money laundering. The policy to hold rather than auction seized Bitcoin aims to prevent market volatility, though opinions remain divided on the long-term implications of the government's crypto reserve strategy.

bitcoinist01/17 19:32

US Official Says Seized Bitcoin From Samourai Case Was Not Sold

bitcoinist01/17 19:32

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