HSBC, a global banking giant, reveals plans for a digital-assets custody service for institutional clients, focusing on tokenized securities. In collaboration with Swiss crypto safekeeping specialist Metaco, the service is set to go live in 2024. This complements HSBC Orion, the bank’s digital asset platform, and offers a complete solution for institutional clients. The custody will initially cover tokenized securities on third-party platforms, emphasizing HSBC’s commitment to digital asset market development.
HSBC to Offer Tokenized Securities Custody Service for Institutions
