Japan's second largest Bank to launch institutional Bitcoin custodial services
Sumitomo Mitsui Trust will partner with Bitbank to form a company focused on institutional custodial services for bitcoin and other cryptocurrencies.
The new company will be called Japan Digital Asset Trust and is a joint-venture with 85% ownership belonging to Bitbank, and 15% belonging to Mitsui Trust.
The new company will be called Japan Digital Asset Trust and is a joint-venture with 85% ownership belonging to Bitbank, and 15% belonging to Mitsui Trust.
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