Japan's second largest Bank to launch institutional Bitcoin custodial services

posted about 1 month ago
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.
Tags: news, bitcoin, blockchain