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South Korea's Hana Bank taps BitGo for crypto custody services

South Korea's Hana Bank taps BitGo for crypto custody services

South Korea's Hana Bank has teamed up with BitGo to offer clients digital asset custody services from next year.

One of South Korea's biggest banks, Hana will offer the services in the second half of next year, tapping crypto custody specialist BitGo's blockchain security technology.

BitGo is also set to open a South Korean office after securing regulatory licenses, according to local press reports.

Recently, the US firm closed a $100 million Series C funding round at a $1.75 billion valuation.

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