BNP Paribas, France’s largest bank, is set to offer crypto custody services, according to CoinDesk.
In Brief:
This is reportedly in partnership with Metaco, a Swiss digital asset business.
Metaco already has a technology custody deal with SocGen.
It reportedly focuses on security tokens for banks like CitiGroup and BBVA.
What does this mean?
According to CoinDesk, Metaco’s focus with BNP could focus more on cryptocurrency than it has with its previous bank partners. CoinDesk has reported this from its sources but neither Metaco or BNP have commented on the matter.
