THE SUPREME TEAM: Nonghyup Bank Invest in Digital Asset Custody Business Cardo

Nonghyup Bank Invest in Digital Asset Custody Business Cardo

  • Nonghyup Bank CEO invested in the digital asset custody business.
  • The bank has made a strategic equity investment in Cardo.
  • The service named ‘Vault Custody’ can entrust Bitcoin, Ethereum, and Clay.

Nonghyup Bank CEO Kwon Jun-Hak said that the bank also joined the digital asset custody business, following Kookmin and Shinhan. Moreover, the bank has made a strategic equity investment in Cardo, a digital asset custodian firm.

In addition, they named the service, Vault Custody. It currently trusts Bitcoin, Ethereum, and Clay.

At the same time, Nonghyup Bank said:

Three firms including Galaxy Armory, Korea Information Communication, and Hexlant, which signed a ‘business deal for service in digital asset business in July, and ‘Aton,’ a fintech security firm, engaged in equity investment did.

Ther…


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