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 🆕 State Street and Citi Bank Enter the Crypto Custody Market

One of the world’s largest custodial banks, State Street, has announced a partnership with Swiss crypto company Taurus to expand its services in the digital asset sector. This collaboration will enable clients to securely store tokenized assets, bridging the gap between traditional finance and blockchain technology.

Meanwhile, Citi Bank is also exploring the launch of cryptocurrency trading and custody services. According to the bank’s head of currency operations, institutional investor interest in digital assets continues to grow, but the final decision will depend on regulatory conditions and client demand.

See also  🌟 Binance—The Crypto Market Leader of 2024! 👑💰
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