The post HSBC and Metaco launch a digital asset custody service! appeared first on Coinpedia Fintech News HSBC has announced its latest move into the world of digital finance with the launch of a custody service for digital assets such as tokenized securities. The service, set to...
The post HSBC and Metaco launch a digital asset custody service! appeared first on Coinpedia Fintech News
HSBC has announced its latest move into the world of digital finance with the launch of a custody service for digital assets such as tokenized securities. The service, set to go live in 2024, will be aimed at institutional clients and developed in collaboration with Metaco, a technology firm owned by Ripple Labs. HSBC’s latest blockchain offering will allow customers to safely store digital assets while enabling compliance with regulatory requirements. The news comes amid a growing demand from traditional financial institutions to adopt digital finance solutions.