BNY Mellon, America’s oldest bank, has set up a Digital Innovation Hub in Dublin, Ireland, according to a May 30 report by Business Portal.
The cryptocurrency unit will provide custody services for different types of different assets.
Alex DovbnyaIn March, the bank also disclosed its strategic investment in cryptocurrency startup Fireblocks.
The largest custodian bank in the world with roughly $41 trillion worth of assets under management established its presence in Ireland back in 1994.
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Dan Burgin
Vladislav Sopov