Cowen, an investment bank, announced the launch of a new digital assets division.
Investment bank Cowen has launched a digital assets division that will allow institutional customers to trade cryptocurrencies.that it will offer “full-service trade execution and custody solutions.” At this point, customers can trade between 16 tokens, including bitcoin, ethereum, solana, AAVE and USD Coin.
The company has been building up its infrastructure for the past few months ahead of the launch. It has partnered with Standard Custody and PolySign to provide custodial services.as a New York state-chartered trust. Around the same time, Cowen invested $25 million in PolySign, the parent company of Standard Custody.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street Bank Cowen Launches Spot Crypto Trading for Institutions (Report)The US multinational investment bank is among the first on Wall Street to launch spot cryptocurrency trading.
Read more »
Wall Street Bank Cowen Launches Spot Crypto Trading for Institutions (Report)The US multinational investment bank is among the first on Wall Street to launch spot cryptocurrency trading.
Read more »
Thailand to ban use of digital assets as payments from April - SECThailand has issued rules to ban digital assets from being used to pay for goods and services from April 1, the market regulator said on Wednesday.
Read more »
Goldman Sachs makes first OTC crypto options trade as it expands digital assets teamThe digital assets trading unit at Goldman Sachs has made the first-ever OTC crypto transaction in the form of a BTC non-deliverable option.
Read more »
UK, US Regulators Call for ‘High Levels’ of Global Collaboration in Overseeing DeFiFed Chair Jerome Powell and Bank of England Governor Andrew Bailey both spoke of the need for their respective regulatory authorities to 'collaborate' on rules for decentralized finance and other aspects of the crypto sector. camomileshumba reports
Read more »
Thailand Bans Crypto as Means of PaymentThailand’s Security and Exchange Commission said that it will ban the use of crypto as a means of payment from April 1, citing money laundering concerns and lack of central bank intervention. By thesamreynolds
Read more »