Exclusive: Fireblocks granted New York charter for crypto custody
The charter allows Fireblocks to offer cold-storage custody to US clients.
Web3 infrastructure provider Fireblocks has been granted a New York state charter to custody cryptocurrency for clients in the United States, Fireblocks told Cointelegraph on Aug. 14.
“As of this month, Fireblocks Trust Company, LLC has received its limited purpose trust company charter to engage in virtual currency business and will soon begin offering cold storage custody solutions powered by Fireblocks’ technology to US customers,” Fireblocks told Cointelegraph in a statement.
In May, Fireblocks said it intended to “launch a limited-purpose trust company that is under the regulation of the New York Department of Financial Services (NYDFS)” called Fireblocks Trust Company that “will offer cold storage custody solutions to US clients.”
Go to Source
Author: Alex O’Donnell
