12.12.19
ING Working on Digital Assets Custody Technology
by: Anna Irrera
ING is working on developing technology to help clients safely store digital assets, say insiders. ING “sees increasing opportunities with regard to digital assets on both asset backed and native security tokens,” the bank said. The project comes as established financial companies look into offering custody and other services for digital assets. The firms are hoping that traditional assets such as bonds or stocks can be turned into digital assets and be issued and transferred using blockchain technology to help streamline and reduce costs in some complex capital market processes.
Read the full article on Reuters