Today digital asset custody startup Metaco announced that it has been selected by Citi to develop and pilot digital asset custody services using the Metaco Harmonize platform.
Citi joins several other banks that have partnered with Swiss-based Metaco. That includes Standard Chartered and Northern Trust’s custody platform Zodia, BBVA, DBS Bank and the Philippines’ UnionBank.
“We are witnessing the increasing digitization of traditional investment assets along with new native digital assets,” said Okan Pekin, Global Head of Securities Services at Citi. “We are innovating and developing new capabilities to support digital asset classes that are becoming increasingly relevant to our clients.”
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