VENDOR · GLOBAL
Financial institutions and Bitcoin firms pledge $15 million for Bitcoin Security Consortium
Leading digital assets and financial firms have committed $15 million over three years to establish a consortium focused on Bitcoin security standards and best practices for custody and infrastructure.
WHY IT MATTERS
Signals institutional buy-in to Bitcoin custody standards. A unified security framework could accelerate bank adoption of native Bitcoin reserves and reduce insurance costs for custodians.
Source: Finextra · 2026-07-24