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South Korean Giant to Begin Crypto Custody for Institutional Investors

Tracy CHEN

Summary: One of South Korea's biggest commercial banks, NongHyup (NH Bank) said it is working on a cryptoasset custodial services platform for institutional investors.The bank said that it wants to launch crypto "ecosystem" operations, and also spoke of its long-term plans which include offering custodial services to the South Korean central bank, the Bank of Korea ...

One of South Korea's biggest commercial banks, NongHyup (NH Bank) said it is working on a cryptoasset custodial services platform for institutional investors.
The bank said that it wants to launch crypto "ecosystem" operations, and also spoke of its long-term plans which include offering custodial services to the South Korean central bank, the Bank of Korea (BOK) for the latter's forthcoming digital currency.

Tracy Chen

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