European unicorn Bitpanda has acquired London-based FinTech Trustology.
Trustology, an institutional cryptocurrency custodian wallet provider, will be rebranded as Bitpanda Custody.
It will initially take custody of Bitpanda’s own assets across its retail, institutional and whitelabelling businesses, making it one of the largest digital assets custody providers globally.
“Everything we do is driven by the belief that blockchain technology and digital assets will profoundly transform the financial ecosystem, with the clear outcome that people around the globe will have the power to own their financial futures,” said Eric Demuth, co-founder and CEO of Bitpanda.
“Bitpanda Custody brings us one step closer to building a leading, fully regulated and secure digital investment platform for everyone, new investors and professionals alike.
“We can now provide retail customers with world-class institutional-grade custody security, and institutional clients will benefit from innovative custody solutions in order not to only overcome the challenges…