1. Digital asset custody solution provider ChainUp Custody has integrated Bitcoin staking protocol Babylon
ChainUp Custody, a digital asset custody solution provider, has reached a strategic partnership with Babylon, a Bitcoin staking protocol, and has integrated the Babylon protocol into the ChainUp MPC wallet. Through this integration, ChainUp Custody customers can access the Baylon Staking service through the Babylon Staking API, stake Bitcoin and earn returns; the API supports staking, decompression at maturity, and redemption before maturity. In the next phase, the ChainUp MPC wallet will launch the console staking function.
2. Digital asset custodian Zodia Custody integrates Deribit into the over-the-counter settlement network Interchange
According to CrowdFundInsider, digital asset custodian Zodia Custody has partnered with Deribit to integrate it into Zodia Custody's over-the-counter settlement network Interchange, so that institutional clients can obtain derivatives liquidity while their assets remain safe in Zodia Custody's isolated cold wallets. Zodia Custody supporters include Standard Chartered, SBI Holdings, Northern Trust and National Australia Bank.
3. CoinShares: Digital asset investment products saw a net outflow of $528 million last week
According to the latest weekly data from CoinShares, digital asset investment products had a net outflow of $528 million last week. Among them, Bitcoin had a net outflow of $400 million. Ethereum had a net outflow of $146 million. From a regional perspective, the United States had a net outflow of $531 million, Germany and Hong Kong had net outflows of $12 million and $27 million respectively. Canada and Switzerland had net inflows of $17 million and $28 million respectively.