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US Bank rolls out cryptocurrency custody service
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finextra.comNydig is the first crypto sub-custodian announced in the bank’s network of providers.“Investor interest in cryptocurrency and demand from our fund services clients have grown strongly over the last few years,” says Gunjan Kedia, vice chair, US Bank Wealth Management and Investment Services.
“Our fund and institutional custody clients have accelerated their plans to offer cryptocurrency and, in response, we made it a priority to accelerate our ability to offer custody services.”US Bank joins a host of financial institutions to extend their traditional role as intermediaries in the safekeeping of stock certificates and the like to the emerging realm of digital assets.Permission for regulated banks to offer cryptocustody in the US was green
. Read more on finextra.comAbout this in other media
Mudrex offers Coin Sets: Do they make investing in cryptocurrencies simpler? moneycontrol.com /2 years ago
Nium launches in the US with Crypto-as-a-Service platform finextra.com /2 years ago
Crypto in the crosshairs: US regulators eye the cryptocurrency sector cointelegraph.com /2 years ago
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