Bitcoin Custody

The world’s largest custodian bank can now receive and store customers’ bitcoin and cryptocurrency, following a regulatory approval in New York.

The exchange is set to enter the crowded market of institutional bitcoin custody as it aims to become a service provider in the cryptocurrency space.

The $10 trillion asset manager will leverage Coinbase Prime to offer bitcoin trading and custody services to institutional investors.

Zurich-based Julius Baer Group will begin offering bitcoin and other cryptocurrency products and services to its clients.