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Blockchain.com has selected a custodial provider for its corporate offering

  • News
  • April 23, 2022
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BCAM, which was just founded, will offer organizational storage and resolution system for digital content. Superior Custody & Trust Company has been named the custodian for Blockchain.com and Altis Partner’s appropriate institutional platform, Blockchain.com Corporate Finance, by Blockchain.com (BCAM).

On April 6, Blockchain.com announced a suite of corporate investing products that integrate Blockchain.com’s cryptocurrency exchange platform, analytics, and virus protection tools with investing consulting group Altis Partners.

Basic Custody’s service, according to the statement on Thursday, is licensed, guaranteed, and managed by a team of specialists from the cryptocurrency and finance services industries. Altis Partners’ chief financial officer, Charles McGarraugh, stated:

The emergence of blockchain technology and crypto assets can modify the organization of economic market and global financial markets, while also providing a new investment opportunity.”

Corporate engagement in the crypto business has grown significantly, indicating a significant shift in how conventional traders see digital content. Since the introduction of Bitcoin (BTC) futures in December 2017, the crypto sector has provided corporate access to trading systems, secure custody options, and new current products like marketplace products, micro contracts, and, most recently, marketplace funds.

As more investment banks seek access to Bitcoin, Ether (ETH), and decentralized finance, the development of crypto storage accelerates (DeFi). MetaMask, a decentralized finance tool, and browser plugin announced a collaboration with four key crypto guardians last week to enhance its corporate proposal: Gnosis Safe, Hex Trust, GK8, and Parfin.

Bitcoin, Microstrategy, and EQONEX Group are just a few companies that aggressively urge corporate stakeholders to invest in the cryptocurrency industry. As more big investors pour into the bitcoin market, publically listed firms with significant exposure to bitcoin have emerged as a potential entry point for conventional shareholders.

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