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Japan’s Bitbank to set up a custody firm to facilitate institutional entry to local markets

Crypto exchange Bitbank revealed plans to establish JADAT, a crypto-specialized custodian, in partnership with Sumitomo Mitsui Trust Holdings.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Japan’s Bitbank to set up a custody firm to facilitate institutional entry to local markets

Crypto exchange Bitbank revealed plans to establish JADAT, a crypto-specialized custodian, in partnership with Sumitomo Mitsui Trust Holdings.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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