Japanese Bank Sumitomo Mitsui Trust To Launch Crypto Custody Service

Japanese bank Sumitomo Mitsui Trust will provide digital asset custody services for institutional investors. The venture is being carried out with Bitbank, which will own 85% of the venture. Institutional investors are interested in crypto, but want safeguards and good infrastructure. Japanese bank Sumitomo Mitsui Trust has announced that it will offer digital asset custody service for institutional investors so that interested parties have a safe way of entering the market. Nikkei Asia reported the news, saying that the newly […]