US Bank, a subsidiary of US Bancorp and the fifth- largest American bank plans to launch a new custody product for managing cryptocurrencies, according to their recent announcement.

The Banking giant has over $554 billion in assets under management (AUM).

The Bank also said its permission to disburse NYDIG’s upcoming Bitcoin exchange-traded fund (ETF) after Securities and Exchange Commission (SEC) approves the proposal.

Author: CryptoBoss

I'm a person in this world who love crypto like you guys. ^_^

Leave a Reply

Your email address will not be published. Required fields are marked *