Acccording to CoinDesk, the American financial company Prime Trust, associated with several digital currencies linked to the US dollar, is entering crypto custody market. In July, the bitcoin storage service became available to customers, and next week the platform will start supporting Ethereum and ERC-20 tokens.
Recently it was reported that several financial market giants, including Goldman Sachs, Northern Trust and Intercontinental Exchange, plan to provide custody services for cryptocurrencies. Also, the head of Prime Trust Scott Purcell noted that his company will be the first to offer storage for ERC-20 tokens.
Earlier, Prime Trust cooperated with IBM and Stronghold for the release of the USD Anchor stablecoin on Stellar.