Trustology is Bitpanda’s first acquisition. The main objective behind the deal is to make decentralized finance (DeFi) more accessible to institutional investors, service providers as well as token issuers.
Trustology is an institutional crypto custodian wallet provider registered with the Financial Conduct Authority (FCA). It secured the licensing in October last year. Following the latest acquisition deal, the London-based platform will be rebranded to “Bitpanda Custody,” the announcement read.
The focus is to create a “secure, sophisticated, and compliant” institutional-grade crypto custody platform for all users.
Joshua Barraclough, Bitpanda Pro CEO, commented:
“This is a great step for us as a company and especially for Bitpanda Pro. Bitpanda Custody is part of our strategy to offer a fully comprehensive set of services to our client base and we can now combine an FCA registered, institutional-grade custody solution with a leading trade execution venue.”
At first,
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