Filings: London-based crypto custody startup Copper raised $196M as part of an ongoing Series C; Copper was reportedly valued at $3B in November 2021 (Emily Nicolle/Bloomberg)

Ron Miller / TechCrunch:
Boston-based cybersecurity startup Snyk raised $196.5M at a $7.4B valuation, down 12% from its round in September 2021, bringing its total raised to $1.075B  —  Snyk hasn’t been afraid to take money over the years, scoring an ever larger investment haul with each passing round …

Adam Morgan McCarthy / The Block:
Mike Novogratz’s Galaxy Digital agrees to buy high-security custodian GK8 from bankrupt crypto lender Celsius; Celsius acquired GK8 for $115M in late 2021  —  – Mike Novogratz’s Galaxy Digital agreed to buy GK8 from Celsius.  — GK8 was originally acquired by Celsius for $115 million in late 2021.

Frank Chaparro / The Block:
Sources: Nasdaq is exploring an institutional crypto custody service, pending regulatory approval, and a crypto-focused division called Nasdaq Digital Assets  —  – Nasdaq has been plotting a move into crypto custody, according to several sources.  — The move is in line with its broader mission …

Andrew Throuvalas / Decrypt:
Anchorage Digital plans to custody a “significant portion” of Apollo Global’s crypto portfolio and offer crypto custody services to Apollo’s clients  —  The private equity giant that manages half a trillion dollars will use Anchorage for institutional crypto custody.

Kathryn Walson / PhocusWire:
Canary Technologies, which offers hotels guest management and other tools, raised a $30M Series B led by Insight Partners, bringing its total funding to $45M  —  Hospitality tech company Canary Technologies has secured $30 million in Series B funding to expand its team to keep pace with global demand …

Stacy Elliott / Decrypt:
Coinbase to custody $1.6B worth of MakerDAO’s USDC treasury after MakerDAO community voted 75% in favor; a pilot will run through 2022, with new voting in 2023  —  The MakerDAO pilot will run through the end of 2022 before the community needs to vote on whether to keep its USDC with Coinbase next year.