Coincheck | Crypto

Ripple was among the latest blockchain companies to sign a strategic partnership to build more custody and tokenized asset management solutions for Asian institutional participants. Blockchain enterprise solutions provider Ripple has partnered with digital asset infrastructure company SettleMint to offer financial institutions solutions for custody, issuance and management of tokenized assets across their full lifecycle. The strategic partnership will integrate Ripple’s institutional digital asset custody infrastructure, Ripple Custody, and SettleMint’s Digital Asset Lifecycle Platform (DALP) to offer institutions a less complex way to secure digital assets, Ripple announced on Tuesday. A day earlier, digital asset service provider Coincheck Group partnered with wallet infrastructure provider DFNS to build digital asset wallet technology and custody services in Japan. Read more

Coincheck is expanding into the European Economic Area by acquiring Paris-based institutional crypto brokerage Aplo, with the deal expected to close in October. Major Japanese crypto exchange Coincheck is expanding into the European Economic Area (EEA) by acquiring Paris-based Aplo, a regulated digital asset brokerage for institutional investors. According to a Tuesday announcement, Coincheck entered a stock purchase agreement to acquire Aplo. As part of the deal, all issued and outstanding shares of Aplo are to be exchanged for newly issued ordinary shares of Coincheck. The acquisition is expected to close in October. The exchange said the acquisition is “the first step of an important component of Coincheck Group’s stated mission” of making “acquisitions for retail and institutional crypto businesses outside of Japan.” Read more