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Aegis Custody Completes The Most Important Step To Obtain A Trust Charter

Mary Liu

Summary: Aegis Custody, a digital asset custodian for institutional investors announced that the South Dakota Department of Banking has given it a green light to operate a trust company in the state. This is the most important step for the company to obtain a Trust Charter. The final approval is expected to end in a few weeks. ...

Aegis Custody, a digital asset custodian for institutional investors announced that the South Dakota Department of Banking has given it a green light to operate a trust company in the state.

This is the most important step for the company to obtain a Trust Charter. The final approval is expected to end in a few weeks. One of the company's target industries is international supply chain financing. Aegis plans to custody and digitizes contracts between factories, companies, suppliers and banks. These digital assets are stored in Aegis' offline custodial wallet, which can increase working capital for owners of outstanding purchases.

By Mary Liu

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Link: Aegis Custody Completes The Most Important Step To Obtain A Trust Charter   [Copy]
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