US Government Bitcoin Reserves Shift to Coinbase Prime
The US government holds an estimated 328,372 BTC as of October 2026, with recent large transfers to Coinbase Prime signaling custody consolidation rather than asset liquidation.

The US government holds an estimated 328,372 BTC as of October 2026, with recent large transfers to Coinbase Prime signaling custody consolidation rather than asset liquidation.

Two firms linked to DWF Labs have sued digital asset custodian BitGo for $141 million, alleging a breach of contract regarding early token releases.

Viral claims regarding a $197 million Bitcoin sale by Fidelity are unsubstantiated, likely resulting from misread on-chain data and ETF flow statistics.

Bitget is expanding its institutional service offerings by integrating multiple regulated custody providers and off-exchange settlement solutions to attract professional capital.

BitGo and HashKey Cloud have expanded their collaboration into a strategic partnership to provide integrated custody, trading, and tokenization services for institutions in Asia-Pacific.

Strike has launched a new feature called Stacks, enabling users to organize their Bitcoin into five goal-based buckets with individual recurring purchase plans.

BitGo is pivoting its business toward prime brokerage services, with CEO Mike Belshe aiming for the segment to account for all company revenue.

Anchorage Digital has partnered with Standard Chartered to offer international institutional clients access to USD accounts, SWIFT payments, and 24/7 settlement.

The SEC has proposed a new custody framework that grants state trust companies a permanent role and allows adviser self-custody, shifting market competition toward asset support and service breadth.

The SEC has proposed new custody regulations for crypto assets, setting strict security and audit requirements for investment advisers and funds managing digital holdings.

The SEC has proposed new rules allowing investment advisers to self-custody crypto assets when qualified third-party custodians are unavailable.

The SEC has proposed new custody rules for digital assets to replace outdated standards and provide a clear regulatory framework for investment advisers and funds.

The U.S. SEC has proposed new rules to establish a regulatory framework for the custody of crypto assets by investment advisers and regulated funds.

The US SEC has proposed new custody rules for crypto assets held by registered investment advisers and funds, aiming to modernize standards and clarify regulatory obligations.

The SEC has introduced a proposed rule to modernize crypto custody requirements for investment advisers and regulated funds, potentially expanding the list of eligible custodians.

Institutional custodian BitGo has launched a Brazilian subsidiary to support local financial firms amid the country's rapid growth in real-world asset tokenization.

Anchorage Digital Bank has launched custody support for the Etherlink network, enabling institutional clients to hold tokenized uranium and various stablecoins.

Deutsche Bank expects to receive regulatory approval in October to launch institutional crypto custody services for Bitcoin, Ether, and select stablecoins.

Julian Sawyer steps down as CEO of Zodia Custody as Standard Chartered prepares to acquire the firm's regulated custody business and spin off its infrastructure arm.

UniCredit is looking for a technology partner to develop infrastructure for crypto trading, custody, and tokenized investment products.
