This achievement marks the latest step by HSBC in pioneering the protection of critical applications from potential future quantum computing attacks, says the firm
The solution is designed to collate and provide a host of asset servicing activities, with the aim of expanding beyond existing industry solutions and include tax reporting
The digital asset custody service will enable clients to safeguard their digital assets and has launched in the United Arab Emirates as a result of its approach to digital asset adoption
By using the staking service, the company says that institutions will benefit from time and cost savings compared to developing in-house staking infrastructure