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Crypto custody: The next frontier of transformation for custodians

7 MINS READ

Highlights

  • Cryptocurrency trends indicate that investor appetite for this asset class is rising due to the potential for higher returns.
  • To alleviate the information security concerns of the investors, banks will need to leverage digital technologies while building a robust crypto custody services. 
  • Banks will also need to modernize their core banking systems and incorporate crypto wallet systems and public blockchain.