U.S. Bank Resumes Bitcoin Custody Services For Institutional Investors, Adding Support For Bitcoin ETFs

U.S. Bank announced today that it has officially resumed its cryptocurrency custody services for institutional investment managers, reopening a program first introduced in 2021. The service, which is being relaunched as an early access program for Global Fund Services clients, is designed to provide secure safekeeping solutions for bitcoin, with NYDIG serving as the sub-custodian.

The decision comes after years of regulatory uncertainty, with U.S. Bank citing a clearer framework for digital assets as a key factor in relaunching the program. In addition to providing custody for bitcoin directly, the bank has expanded its offering to include custody services for bitcoin…

Read more on BitcoinMagazine

23.4K Reads