The US Bank has partnered with NYDIG BTC to provide Cryptocurrency Custody Services to its clients.  The US Bank will offer these services to their “Global Fund Services Clients.”  These services will be beneficial to institutional investment managers who have private funds in the U.S. or Cayman Islands and are looking for a safekeeping solution in Bitcoin.  The US bank will be offering additional cryptocurrency solutions soon.

NYDIG is a leading technology and financial services firm dedicated to Bitcoin. They apply institutional wisdom and ingenuity to help make the exciting network seamless and safely accessible to all.

NYDIG offers platform solutions to technology partners to help them cover for end-to-end integrations, thus empowering their Fintech partners to deliver bitcoin services to customers. By offering a comprehensive service by delivering the lowest cost solutions in the market NYDIG makes asset management possible.  NYDIG also facilitates a comprehensive suite of brokerage services for discerning institutions which leveraging NYDIG’s extensive experience in capital markets. NYDIG also offers mining services, which provide a full suite of services that cover the life cycle of the mining business.  Their services meet the highest security, operational, and regulatory standards. NYDIG leverages its team with decades of experience in technology and financial services to deliver a set of complete end-to-end institutional solutions for Bitcoin.

Gunjan Kedia, vice-chair, U.S. Bank Wealth Management and Investment Services expressed, “Our fund and institutional custody clients have accelerated their plans to offer cryptocurrency and, in response, we made it a priority to accelerate our ability to offer custody services.”

Robert Gutmann, co-founder and CEO of NYDIG expressed, “Together, we can facilitate access to this growing asset class while delivering the best-in-class experience that U.S. Bank’s clients have come to expect.”

Thus the US Bank and the NYDIG make a great partnership in rendering cryptocurrency custody services.

Community response:  Please partner with NIMIQ.  Their OASIS protocol is primed for working with any banking system.  NIM is a DeFi coin that is developing a strong ecosystem for anyone interested in investing in crypto or Bitcoin. NIMIQ OASIS permits direct swaps from bank accounts.

Can you guys consider adding XST to your custody platform? It’s feeless and instant crypto with the multi-signature feature built-in.

Can we get a word about Litecoin, please? Good start. Bank mobile app should offer fiat-to BTC on-ramp buying button for clients.

I always knew that cryptocurrency was bringing a revolution to the global economy. When will you start serving retail?