3 major custody wins dropped this week - SEC, CFTC, and a South African bank all moving crypto custody from "special exception" to standard operating procedure.

Each took a different angle but the signal is clear: institutional rails are being laid.

SEC: Clearing the path for qualified custodians
CFTC: Expanding what counts as acceptable custody
South Africa: First traditional bank green-lighting crypto custody

This isn't hype - it's infrastructure. The kind that precedes real capital inflows.

When custody stops being a regulatory nightmare, TradFi stops sitting on the sidelines.