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Today (June 22), Citi made the announcement that it has chosen METACO as the partner to develop and trial digital asset custody capabilities. Citi plans to completely integrate METACO’s bank-grade digital asset custody and orchestration platform, Harmonize, into its current infrastructure. Meanwhile, Louisiana signed a bill allowing financial institutions in Louisiana to custody Bitcoin (BTC) and other digital assets for customers. This may prove to be the beginning of a massive wave of U.S. banks offering crypto custody services.
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