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South Korean Hana Bank Enters Crypto Custody Business With BitGo | InvestmentBell

BeritaMata Uang KriptoSouth Korean Hana Bank enters crypto custody business with BitGo

South Korean Hana Bank enters crypto custody business with BitGo

One of the largest South Korean banks, KEB Hana Bank, is moving to offer digital asset custody services through a new partnership with major cryptocurrency custody firm BitGo Trust Company.

KEB Hana Bank has signed a strategic business agreement with BitGo to jointly establish digital asset custody in South Korea, local news agency Yonhap reported. The commercial bank has a network of 111 branches with local banking assets of nearly $10 billion and equity of $490 million.

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