Prime Trust Enters Crypto Custody Race, Will Hold 'Any' Ethereum Token
Prime Trust Enters Crypto Custody Race, Will Hold 'Any' Ethereum Token
Prime Trust, a small U.S. financial institution that's played a behind-the-scenes role in several dollar-backed cryptocurrencies, is entering the hotly competitive crypto custody business.
Revealed exclusively to CoinDesk, the Nevada trust company quietly began offering cold storage for bitcoin in mid-July, and will announce next week that it can also handle custody for ether and any token issued on the ethereum blockchain under the ERC-20 standard.
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