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Major European Bank Said to Be Building Crypto Custody Arm

From coindesk.com

CACEIS, the European custody and asset-servicing bank owned by Crédit Agricole and Banco Santander, is in the process of building a cryptocurrency custody solution, according to two people familiar with the plans. CACEIS, which has €4.2 trillion ($4.96 trillion) in assets under custody and €2.2 trillion ($2.6 trillion) in assets under administration, is working with Swiss-based custody technology provider Metaco, said one of the people. CACEIS declined to comment on its crypto plans. Metaco did not return requests for comment. “They [CACEIS] are looking for something which is quite integrated,” one of the sources s ... (full story)

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