coin-img-ETHETH+5.83%coin-img-BTCBTC+6.85%coin-img-SOLSOL+7.93%coin-img-XRPXRP+4.40%coin-img-XAUTXAUT+0.53%coin-img-TAATAA-14.32%coin-img-USDCUSDC-0.02%coin-img-DOGEDOGE+4.46%coin-img-ETHETH+5.83%coin-img-BTCBTC+6.85%coin-img-SOLSOL+7.93%coin-img-XRPXRP+4.40%coin-img-XAUTXAUT+0.53%coin-img-TAATAA-14.32%coin-img-USDCUSDC-0.02%coin-img-DOGEDOGE+4.46%coin-img-ETHETH+5.83%coin-img-BTCBTC+6.85%coin-img-SOLSOL+7.93%coin-img-XRPXRP+4.40%coin-img-XAUTXAUT+0.53%coin-img-TAATAA-14.32%coin-img-USDCUSDC-0.02%coin-img-DOGEDOGE+4.46%coin-img-ETHETH+5.83%coin-img-BTCBTC+6.85%coin-img-SOLSOL+7.93%coin-img-XRPXRP+4.40%coin-img-XAUTXAUT+0.53%coin-img-TAATAA-14.32%coin-img-USDCUSDC-0.02%coin-img-DOGEDOGE+4.46%

Morgan Stanley Bitcoin Trust Names Coinbase Custody and BNY Mellon as Bitcoin Custodians

Morgan Stanley disclosed in an S-1 filing that its proposed Bitcoin Trust will appoint Coinbase Custody and The Bank of New York Mellon as bitcoin custodians, CoinDesk reports. The trust plans to store most bitcoin in offline cold storage with private keys kept off the internet to reduce hacking risks. BNY Mellon will also serve as fund administrator, transfer agent, and cash custodian, handling accounting, shareholder recordkeeping, and cash flow management for ETF transactions.
Selected
BTC
BTC+6.73%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.