The transaction marks a first for a major financial institution and sets the groundwork for NAB to support clients as they carry out transactions using digital assets.
Amidst signs of growing interest from institutional investors in holding cryptocurrencies, service aims to provide custody services for most-traded crypto assets at start and expects to begin operations in London in 2021.
For corporate treasurers already mired in the costly, slow and opaque world of cross-border payments, ether could offer a real solution: real-time, cost-free, “crypto-payments” with the need to buy cryptocurrency.
Jul 12, 2018
Sign up for CorporateTreasurer’s Newsletter
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters