Sumitomo Mitsui Trust Holdings Inc is joining the growing list of global financial giants getting into crypto. The financial services firm has teamed up with a Japanese crypto exchange to create a company that will manage digital assets for its institutional clientele. Sumitomo Mitsui just signed a memorandum of understanding with Bitbank, a Japanese crypto exchange operator, that will allow it to offer custody services, according to Bloomberg. The planned services will support public blockchain-based crypto assets such as Bitcoin (BTC), Ethereum (ETH), and non-fungible tokens…
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