Breaking News
Digivault launches ExchangeConnect to safeguard crypto assets
FCA-registered crypto custodian Digivault, part of the EQONEX Group today launched Digivault ExchangeConnect, a new service that enables clients to safely hold their assets within their Digivault FCA-registered custody account whilst trading with them on an exchange. Digivault ExchangeConnect is now available on Bitfinex with more exchanges planned.
As an increasing number of institutions and investors add digital assets to their investment strategies, they continue to face challenges with trading on exchanges. These include security and counter-party exposure created from needing to leave assets on the exchanges; capital inefficiencies with assets allocated across multiple exchanges; and the cost and time inefficiency in capital rebalancing efforts.
Digivault ExchangeConnect solves these issues by enabling customers to allocate and lock-up amounts of their custodied digital assets for trading on a specified exchange. Their locked-up assets are mirrored as available trading balances on the exchange in real-time but never leave the safety of Digivault.
When using ExchangeConnect, clients can trade normally using their Bitfinex trading account. Digivault is not involved in any exchange activities such as trading or order routing. Settlement occurs at the end of the day or intraday upon request.
Clients can unlock their assets from Bitfinex and withdraw them from Digivault. When additional, alternative exchanges are available, clients will also have the ability to quickly mirror their assets onto other exchanges at a low-cost.
Robert Cooper, Digivault CEO said, “We built Digivault because we had a deep understanding of the unique security requirements needed for digital assets, as well as the stringent standards of institutional internal risk committees. Digivault ExchangeConnect is an important innovation for global investors and sophisticated traders who are looking to safeguard their assets without sacrificing efficiency when trading on exchanges.”
“It’s been a great experience working with Bitfinex as our launch partner to perfect the service before bringing it to market,” said Robert Cooper.
“Custody and credit risk represent the key foundational requirements for institutional customers seeking exposure to Bitcoin and the emerging digital token economy,” said Paolo Ardoino, CTO at Bitfinex. “Digivault’s ExchangeConnect represents a comprehensive custody solution for institutional customers entering the space.”
- Real-Time Payments: Pre-Verification Helps, In-Flight Detection Matters Most | Part 6 | Bottomline Read more
- VeChain Flips dApps Playbook With Launch of VeFounder Read more
- BMLL Introduces Industry-first Trades Plus Dataset in Response to Key Client Challenge to Achieve Execution Analysis at Scale Read more
- Octopus Money Onboards New AI Assistants: Harry, Ron and Hermione Read more
- Revolut Adds Pay by Bank Option to Their Payment Gateway Read more
VeChain Flips dApps Playbook With Launch of VeFounder
VeChain, the leading real-world-application focused Layer 1, today announced the launch of the VeFounder Program, a first-of-its-kind initiative designed to revolutionize the dApps economy with a top-down approach to unlock untapped growth opportunities.
BNP Paribas and HSBC Join the Canton Foundation
The Canton Foundation today announced that BNP Paribas and HSBC have joined the Foundation as its newest members. Their participation builds on recent momentum following the additions of Goldman Sachs, Hong Kong FMI Services Limited (HKFMI) and Moody’s Ratings in March, highlighting the growing institutional trust and strategic importance of the Canton Network in the evolution of global financial infrastructure.
OKX Partners with Tether to Integrate USDT0 Across X Layer, OKX Wallet and Exchange
OKX, a leading cryptocurrency platform and onchain technology company, and Tether, the largest company in the digital assets industry, have partnered to integrate USDT0, the unified liquidity network for the world’s most widely used stablecoin Tether (USDT), onto X Layer, OKX’s Ethereum Layer 2 network and the OKX Wallet and Exchange.
Fireblocks and Circle Strategically Collaborate to Accelerate Stablecoin Adoption for Financial Institutions
Fireblocks, an enterprise platform for secure digital asset custody, settlement, trading operations, and stablecoin payments, announced a strategic collaboration with an affiliate of Circle Internet Group, Inc. (NYSE: CRCL), a global financial technology company and stablecoin market leader. The collaboration is designed to make it easier and safer for financial institutions to build digital asset offerings.
Bybit Expands MNT Capabilities for Institutional Clients
Bybit, the world's second-largest cryptocurrency exchange by trading volume, is excited to announce an exclusive institutional benefits program unlocking premium trading and lending capabilities for institutional clients who are Mantle (MNT) holders. The new utility marks another stage of MNT's evolution from ecosystem token to highly efficient and versatile asset, unlocking exclusive benefits for Bybit's institutional traders.
eflow Global Launches Advanced Crypto Surveillance Tool and Forges Ahead with Leadership Expansion
With regulatory demands on financial institutions reaching unprecedented levels in 2025 – including intensified scrutiny on market abuse and electronic communications surveillance – regtech leader eflow Global has accelerated its growth by appointing strategic leadership hires and launching a series of AI-driven product enhancements.
Ripple Expands Footprint Into Spain Through New Agreement With BBVA
Ripple announced an agreement with BBVA to provide its digital asset custody technology to the Spanish bank
Real-Time Payments: Pre-Verification Helps, In-Flight Detection Matters Most | Part 6 | Bottomline
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
VeChain Flips dApps Playbook With Launch of VeFounder
VeChain, the leading real-world-application focused Layer 1, today announced the launch of the VeFounder Program, a first-of-its-kind initiative designed to revolutionize the dApps economy with a top-down approach to unlock untapped growth opportunities.
BMLL Introduces Industry-first Trades Plus Dataset in Response to Key Client Challenge to Achieve Execution Analysis at Scale
BMLL, the leading, independent provider of harmonised, historical Level 3, 2 and 1 data and analytics across global equity, ETFs, futures and options markets, today announced the launch of its Trades Plus dataset, a groundbreaking new product that delivers deep execution insights, designed in collaboration with top global trading firms.
Octopus Money Onboards New AI Assistants: Harry, Ron and Hermione
Octopus Money has partnered with AI startup Ani Tech to cut the time spent on onboarding administration by 75%
Revolut Adds Pay by Bank Option to Their Payment Gateway
Revolut has today announced the launch of Pay by Bank as an option on the Revolut Gateway
Scalable Capital is Now a Bank
Scalable Capital has been granted full authorisation as a bank by the ECB
Mastercard Survey: 90% of SMEs That Accept Digital Payments in Puerto Rico Report Significant Business Growth
Mastercard presented its new research on the use of digital payments by SMEs in Puerto Rico