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PANews reports that over 91% of the underlying assets of tokenized U.S. stocks are custodied by Alpaca; four institutions, including Figure and Securitize, jointly petitioned the SEC to promote the modernization of transfer agent rules.
Bitget announced that it will launch the Open Custody Network OCN, which aims to connect banks and custodial institutions with their trading infrastructure to enable spot, leveraged, and contract trading under independent asset custody.
PANews reports that Coinbase Institutional responded on X to the attention drawn by Binance's hot wallet incident, outlining five measures including cold storage, fund flow verification, 1:1 holding, and regulatory arrangements.
PANews, citing News1, reported that South Korea's Financial Services Commission reportedly held meetings with exchanges and custodians to discuss raising the cold wallet custody ratio from at least 80% to approximately 99%. The proposal has not yet been formally adopted.
Metaplanet CEO Simon Gerovich said that the Bitcoin network was not affected by the incident, and that all of the company’s BTC assets are held in cold storage by regulated custodians, and expressed support for Binance the teams handling the incident.
Binance founder CZ published a crypto-asset custody guide covering self-custody, centralized trading-platform account protection, and asset-inheritance arrangements. Users are advised to allocate assets according to their holding size, technical capabilities, and funding needs.
Arkham says it has tracked 847700 held by Strategy,BTC of which approximately 78%are represented by labeled wallets and assets held in custody by Fidelity Custody. In this snapshot, the value of its Bitcoin reserves was 55780000000 USD 71400000000 USD。
SEC Chair Atkins said that the current custody rules are difficult to adapt to crypto assets, and SEC has proposed custody rules and other crypto regulatory arrangements, with more proposals being prepared.
SEC Proposed crypto asset custody rules would establish custody, recordkeeping, disclosure, and audit requirements for investment advisers and regulated funds, while allowing self-custody and custody by state-chartered trust institutions under specific conditions.
BitGo CEO Mike Belshe said,CLARITY The failure of the Act could allow the risks of concentrating exchange, brokerage, and custody businesses within the same company to persist and could amplify market shocks.
Robinhood Johann Kerbrat, Head of Crypto, said that the platform's stock tokens correspond to real equity assets, and Robinhood Robinhood will purchase and custody the relevant shares.
ASIC is preparing to launch a new regulatory framework in 2027 year April, bringing digital asset and tokenized asset custody platforms under regulation, and plans to issue consultation papers, guidance, and draft rules.