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South Korean Bank Shinhan Seals Crypto Custody Deal with BitGo, Looking to Take Crypto Operations Global
Summary: The South Korean banking giant Shinhan is looking to take its fast-expanding crypto operations global – after striking a deal with American major crypto custody player BitGo. The deal involves crypto custody – a deal that also involves the South Korean crypto firm the Korea Digital Asset Trust (KDAC), which is backed by the crypto ...
The South Korean banking giant Shinhan is looking to take its fast-expanding crypto operations global – after striking a deal with American major crypto custody player BitGo.
The deal involves crypto custody – a deal that also involves the South Korean crypto firm the Korea Digital Asset Trust (KDAC), which is backed by the crypto exchange Korbit.
The companies will see the deal jointly promote the development of crypto custody solutions and provide custodial services for digital assets including cryptoassets, and they hope to seek further cooperation with various external partners, such as global virtual asset providers.
By Amy Liu
Tags: BitGo,Crypto,Custody,Shinhan
Link: South Korean Bank Shinhan Seals Crypto Custody Deal with BitGo, Looking to Take Crypto Operations Global [Copy]
