BNY Mellon became the first major United States bank to launch digital asset custody services in 2022

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On October 15, 2026, New Jersey-based Cross River Bank announced a partnership with Ripple to integrate Ripple's US dollar-backed RLUSD stablecoin into its core banking platform

On October 12, 2026, Standard Chartered launched RLUSD custody for eligible institutional clients through its Dubai International Financial Centre branch

Deutsche Bank plans to expand its cryptocurrency custody services into Asian financial hubs, specifically targeting Singapore and Hong Kong in 2027

Deutsche Bank's new Bitcoin and Ethereum custody service will directly manage crypto wallets and private keys on behalf of asset managers, hedge funds, and corporate entities

Deutsche Bank plans to launch cryptocurrency custody services in Germany within weeks, initially offering Bitcoin and Ethereum custody to institutional clients

Gerald Podobnik, co-head of Deutsche Bank's corporate bank, announced the upcoming cryptocurrency custody launch during the IMF and World Bank meetings in Bangkok

Deutsche Bank aims to leverage its digital asset services to support an 8% compound annual growth target for its corporate banking division through 2028

Deutsche Bank is partnering with Swiss digital asset technology firm Taurus to support its crypto custody services, having previously led a $65 million funding round for Taurus in 2023

Major global financial institutions including BNY Mellon, State Street, Standard Chartered, U.S. Bank, and Citigroup have committed to offering direct crypto custody services

Algorand's post-quantum cryptography strategy requires delivering deployed network upgrades that institutional participants can evaluate.

HashKey Cloud announced on October 7, 2026 that it will integrate Babylon Trustless Bitcoin Vaults to enable native Bitcoin-backed borrowing via Aave V4 for institutional clients.

Babylon Labs initially announced its partnership with Aave on December 3, 2025, followed by a DAO temperature check proposal that passed in June 2026 after starting on May 25, 2026.

Crypto payments network Mesh integrated Polygon Labs' fiat on-ramps into its network connecting over 300 wallets, exchanges, and financial services.

Polygon Labs completed its acquisition of Seattle-based crypto platform Coinme on October 14, 2026.

AI financial platform Kira adopted Open Money Stack to connect U.S. dollar banking rails including ACH, Fedwire, and FedNow with stablecoins.

Cross-border payments provider Tazapay adopted Open Money Stack to provide currency conversion tools between stablecoins and local fiat currencies.

Global payroll provider Toku integrated Open Money Stack's wallet and payout tools to enable stablecoin payroll conversions in over 100 countries.

Polygon Labs announced plans on January 13, 2026 to acquire Coinme and wallet developer Sequence for more than $250 million combined.

The United Arab Emirates cryptocurrency launch marks the first time Standard Chartered has offered direct cryptocurrency trading to wealthy clients within its global wealth business.

Standard Chartered extends its wider digital assets business covering custody, trading, and tokenisation through its ventures arm via Zodia Markets and Libeara.