State Street concludes an agreement on storing cryptocurrencies with Copper – Bits Media

The Boston bank State Street began to offer customers an option for storing cryptocurrencies in partnership with the British casteral startup Copper.

The digital division of the Boston Bank State Street Digital has concluded today, 9 Martha, licensed agreement with London supplier of institutional digital assets Copper. The bank will use the technology of the British company to develop and launch offers for institutional customers to store digital assets. Reported, that users will be able to store their assets and pay them in a safe environment, adjustable stat Street.

“Since the interest of institutional customers in crypto actors continues to grow, We create financial infrastructure to support the investments of our customers in this new class of assets ", - says the head of the state Street digital Nadine Chakar (Nadine chakar).

Copper specializes in providing institutional investors for access to digital assets markets. The company customers have access to more than 450 digital currencies and 40 exchanges. The London company is declared, that they seek to provide customers with a transparent and safe platform for trading.

State Street Bank initiative will be considered by US regulatory authorities.

The bank is promised, What will continue to search and implement tools for comfortable interaction of customers with digital assets. The company will try to satisfy the needs of users as in traditional, and in digital assets.

Recall, In November last year it became known, that large investment groups, Among which UBS, Fidelity и State Street Global Advisors, consider the possibility of launching cryptocurrency products.