$50 Billion Coinbase Just Confirmed for New York

The custody conversion at Second NYC just got serious.

The quiet concern in institutional circles isn't whether Bitcoin custody works. It's what comes after it — what happens once the Coldcard-era answers stop being enough for treasuries holding ten figures in BTC.

That's the conversation getting charted, live in New York.

$50 billion Coinbase is no longer just an exchange millions of Americans rely on –– it's been quietly building out asset management infrastructure for the very treasury companies that will be filling this room — and now the person running that operation is confirmed for Bitcoin Treasuries Conference.

Anthony Bassilli, Head of Coinbase Asset Management, sits at the center of the shift this conference exists to cover: exchanges and custodians that used to just facilitate treasury strategy are now running their own books, managing institutional allocations, and shaping how corporate balance sheets get built.

Meet Arch Lending at Second NYC

Custody solved, balance sheets growing — the next question every treasury eventually asks is what to actually do with the Bitcoin and digital assets sitting there. That's where Arch Lending comes in.

Arch Lending offers Bitcoin-backed loans built for holders who don't want to touch their stack. Borrow against your BTC, keep your position, skip the taxable event.

Arch will be on the floor at Second NYC — meet them in person by replying to this email, or start now at archlending.com.

Fixed Income Is Coming to Bitcoin

BTC Now is building something that could change how people buy Bitcoin — but it’s also something more, a way to turn the hardest money in the world into a real fixed income asset, finally.

His talk, "Transforming Bitcoin into a Fixed Income Asset," covers a product that could genuinely shift how people think about buying Bitcoin, and is backed by his decade-plus of experience working on actual fixed income at the world’s largest firms.

This is one of the more consequential additions to this year's floor. Don’t miss Marc on our full schedule when it drops tomorrow.

Special thanks to our partners:

  • AnchorWatch. AnchorWatch makes Bitcoin ownership safer and easier by combining advanced custody expertise with industry-grade insurance. As a Lloyd’s of London Coverholder, it writes specialized policies that address digital-asset risks, giving clients trusted coverage and peace of mind. Learn more: AnchorWatch

  • Apyx. is the first dividend‑backed stablecoin protocol that turns preferred equity from Digital Asset Treasury (DAT) companies into programmable, high‑yield digital dollars. Apyx delivers sustainable double‑digit yield with institutional transparency, daily NAV visibility, and verifiable on‑chain reserves. Learn more: Apyx

  • Arch Lending. Get instant, secure loans backed by your Bitcoin, Ethereum, or Solana—no need to sell your assets. Arch Lending offers fast approvals and trusted custody for both individuals and institutions. Learn more: Arch Lending

  • BitGo. BitGo is the leading institutional-grade digital asset custody, trading, and finance platform, trusted by exchanges, hedge funds, and corporations worldwide to secure and manage their crypto holdings. As the pioneer of multi-signature wallet technology, BitGo provides unmatched security, regulatory compliance, and deep liquidity solutions for serious digital asset operations. Learn more: BitGo

  • Hemi. develops open-source solutions designed to help treasury teams securely manage, deploy, and optimize their BTC holdings, with benefits of self-custody and Bitcoin native deployment. Learn more: Hemi

  • Psalion. Psalion is a Bitcoin and digital-asset yield manager that offers institutional‑style investment strategies to professional investors, family offices, corporates, and private clients via separately managed accounts and yield funds. Learn more: Psalion

  • XCE. An executive recruitment group that combines a profitable recruitment business with a Bitcoin treasury strategy. The company turns over a decade of executive recruitment experience and four years of Bitcoin accumulation into a public Bitcoin‑powered growth engine, using a proven operating business to drive Bitcoin treasury accumulation. Learn more: XCE