SEBA Crypto, a Swiss virtual asset bank project, has partnered with Sweden's Loomis, which is one of the largest cash-delivering firms worldwide, with the goal to establish a digital asset cold storage product. The companies will launch the custodian system after SEBA Crypto obtains a banking license, according to a press release from Thursday.
The new product will complement the Swiss company’s crypto services, which will target mainly institutional investors and corporations. SEBA Crypto will implement security solutions from Loomis' physical storing experience, while the Swedish firm will offer tokenization services with the help of SEBA as part of the agreement.
The companies did not reveal wh...
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