Sumitomo Mitsui Trust to set up digital asset custodian company

Major Japan bank intends to attract institutional investors to crypto and NFTs

TOKYO -- Sumitomo Mitsui Trust will set up a company this year to provide digital asset custody services for institutional investors, a step it considers crucial in building the infrastructure to better handle digital asset investments.

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Source: https://asia.nikkei.com/Spotlight/Cryptocurrencies/Sumitomo-Mitsui-Trust-to-set-up-digital-asset-custodian-company