BNY, Kraken Parent Payward Discuss Digital Asset Partnership
A partnership would extend Payward's push into institutional finance while giving BNY another potential route into digital-asset services.
Every Zipp story tagged #InstitutionalCustody, newest first.
A partnership would extend Payward's push into institutional finance while giving BNY another potential route into digital-asset services.
The delay exposes the custody gap in putting interest-bearing deposits on a public blockchain, even as Monument targets a £250M project with FSCS protection.
The narrower scope is the tell: the OCC wasn't comfortable with the original ambition, and now Zerohash's crypto-infrastructure partners watch what the regulator actually approves.
The move separates staking yield from validator operations and broadens Ripple's institutional offering beyond XRP, which has no staking rewards.
The launch lands ahead of any concrete quantum threat to Bitcoin's secp256k1 curve, but it gives institutions a framework to triage UTXO exposure now, before the timeline forces a decision.
The offering lands as Bitcoin's transition to post-quantum cryptography remains a theoretical debate, but institutions holding UTXO-based balances now get tooling to measure their exposure today.