US Bank Selects Cryptocurrency Custodian, Wins Admin Role for NYDIG’s Bitcoin ETF

Bancorp, the fifth-largest bank in America, said Tuesday it will offer a new cryptocurrency custody product in partnership with an unnamed sub-custodian.

Big moves are happening in institutional crypto with news this week of mega-bank JPMorgan following the likes of Morgan Stanley and Goldman Sachs in offering a bitcoin fund to certain clients.

“I’m not at liberty to comment.

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