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US Bank Launches Crypto Custody
source link: https://fintechranking.com/2021/10/05/us-bank-launches-crypto-custody/
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US Bank Launches Crypto Custody
U.S. Bank on Tuesday launched its cryptocurrency custody program with NYDIG, a major bitcoin investment firm, helping out.
The new service supports institutional crypto funds invested in bitcoin, bitcoin cash and litecoin, according to a source. It will only be open to private fund managers in the U.S. and the Cayman Islands. NYDIG will handle their private keys as the bank’s sub-custodian.
Read more: CoinDesk
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