Crikey mate, the National Australia Bank’s venture arm has hopped on the crypto train and made an investment in Zodia Custody, a company that is all about keeping those digital assets safe and secure. Now, how much did the bank chuck in? Well, it’s a secret, they didn’t spill the beans on the exact amount. But hey, have a gander at this, Zodia Custody isn’t going it alone in this crypto adventure – nope, they’ve got some other heavy hitters on board like Standard Chartered, Northern Trust, and SBI Holdings. Looks like they’re building a powerhouse team to tackle the world of digital assets.
It seems like the traditional financial bigwigs are starting to cozy up to the crypto scene, perhaps wanting to dip their toes into this fast-evolving digital world. With big players like NAB Ventures getting in on the action, it could be a clear sign that the old guard is starting to realize the potential and importance of cryptocurrencies and blockchain technology. So, hold onto your Akubra hat, because it looks like the crypto wave is getting bigger and bigger, and the traditional finance world is starting to take notice.
