Investec, a South African financial pro and resource the executives gathering, is set to offer digital currency custodial administrations.
The simply finished Blockchain Africa Conference 2020 highlighted Investec as a feature support. During their keynote address, the gathering reported new blockchain-related highlights expected to be turned out soon.
Chris Becker, Blockchain Lead at Investec Private Bank, made that big appearance to make the declaration. He stated:
” Our blockchain team have been extremely busy over the last 3 years building the right products that one would expect from an innovative bank like ours, but products that would be most utilised and make the most sense. We believe offering custodial services of digital assets for our clients is indeed what makes the most sense.
Aside from that, Becker also mentioned that Investec is working with exchanges in South Africa to find the most user-friendly directions to thread.
Offering digital asset custodial services is expected to push the Investec brand to younger people who are interested in new asset classes and investment options.
The expected launch date was not mentioned during the keynote