French Custody Bank CACEIS Launches New Digital Asset Custody Framework to Support Access to Native Cryptocurrency Market Funds

Major French custodian bank CACEIS announced that it has supported access to native cryptocurrency money market funds (MMF) and launched a new digital asset custody architecture.CACEIS is a subsidiary of Crédit Agricole Group, with assets under management exceeding 8 trillion euros. In May of this year, the company announced the establishment of a dedicated digital asset business line and previously worked with technology company Taurus to carry out custody and tokenization business. Recently, the company also obtained a license from a Spanish digital asset service provider (DASP).