Fireblocks Trust Company gets a New York limited-purpose trust charter for crypto custody

Fireblocks/Fireblocks MPC Wallets & Custody

New York's financial regulator granted Fireblocks Trust Company a limited-purpose trust charter, letting it act as a qualified custodian for U.S. clients. Fireblocks said it would offer cold-storage custody built on its own technology to asset managers, advisers and ETF issuers.

• Regulator: New York State Department of Financial Services.
• Joins Coinbase Custody Trust, Fidelity Digital Assets and PayPal among NYDFS-chartered custodians.
• Target clients: registered investment advisers, asset managers and ETF issuers.