Korea’s Largest Bank KB Kookmin Enters the Digital Asset Custody Race

The digital asset custody race is picking up in the East Asian nation of South Korea.  KB Kookmin, the country’s largest bank, is about to launch the nation’s first digital asset custody service platform.

As per reports, the financial institution is teaming up with Atomrigs Lab, a blockchain startup. Subsequently, the strategic partnership between the two businesses was signed on June 10.  Using MPC technology, Atomrigs Lab has developed Lime, a platform that can be used to secure digital assets.

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