Exciting news for institutional investors! The $5 trillion French asset manager, CACEIS, is poised to revolutionize crypto asset management. CACEIS Bank, the combined asset servicing arm of the major European banks Crédit Agricole and Santander, has acquired a French crypto custody license, paving the way for secure and regulated digital asset services.

This move signifies a growing acceptance of cryptocurrencies within traditional finance. Moreover, the Credit Agricole and Santander-owned asset servicer's entry into the crypto custody space offers institutions a trusted and compliant solution for managing their digital assets.

CACEIS has registered to offer crypto custody services to its customers, indicating a commitment to providing comprehensive asset servicing solutions in the evolving digital landscape. Clients can now benefit from CACEIS's established expertise and robust infrastructure while navigating the complexities of the crypto market.

Expect further developments as CACEIS integrates its crypto custody offerings, potentially influencing other major players in the asset management industry to follow suit. This positions CACEIS as a leader in the institutional adoption of cryptocurrency, bridging the gap between traditional finance and the innovative world of digital assets.