IBM Announces Bitcoin and Crypto Wallet for Institutions

The company said it is launching an institutional digital asset wallet while already working with 97 of the top 100 banks.

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Summary

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Terms & Concepts
  • Crypto wallet: A tool that stores the credentials needed to hold, send, and receive digital assets on a blockchain network.
  • Institutional custody: A service model designed to safeguard digital assets for banks, funds, and other large organizations with compliance and security controls.