Key Points:
HSBC, renowned for its global reach, serving 40 million customers across 64 countries and territories, has been steadily diversifying its services. Now, it has extended its cryptocurrency offerings by permitting customers to trade Bitcoin and Ethereum ETFs in Hong Kong. Among the available ETFs are CSOP Bitcoin and Ethereum Futures, along with Samsung Bitcoin Futures.
Fireblocks, a specialist in cryptocurrency safekeeping technologies like multi-party computation (MPC), already had a track record of working with major banks before this partnership. The company has established itself as a dominant player in the cloud industry, boasting a significant market share.
The company expanded its support for cloud service providers such as AWS, Google Cloud, Alibaba Cloud, Thales, and Securosus. In early 2021, it became the preferred custody technology provider for BNY Mellon and counts BNP Paribas among its clients.
Furthermore, Fireblocks offers a non-custodial wallet service to its extensive list of fintech and corporate clients. This service allows end-users of platforms like Revolut and Nubank to maintain full control over their assets.
This collaboration between HSBC and Fireblocks reflects the banking giant’s commitment to embracing the evolving landscape of cryptocurrency and providing its diverse clientele with expanded options for their financial ambitions.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.
BTFD Coin is offering a chance to relive the glory days of meme coin investing,…
Explore key takeaways from BlockDAG’s AMA, showcasing strides in scalability, growth of the ecosystem, and…
Discover why Qubetics, Polkadot, and Cosmos are the best cryptos with 1000X potential, offering innovation,…
Explore the best coins to buy in December 2024—Qubetics with its thrilling presale, Polkadot’s interoperability,…
The Crypto Market Outlook 2025 highlights key areas: stablecoin growth, tokenization, crypto ETFs, DeFi innovation,…
The Bitcoin quantum computing threat is years away, but reserves already support post-quantum signatures via…
This website uses cookies.