Brazilian Bank Itau Unibanco to Offer Cryptocurrency Custody Services in 2023

Brazilian Bank Itau Unibanco to Offer Cryptocurrency Custody Services in 2023


Itau Unibanco, one of the biggest Brazilian banks, has announced it will offer cryptocurrency custody services in 2023. Itau Digital Assets, the cryptocurrency unit of the company, will be responsible for this offering, which will be first available to customers of the bank, and then to third parties as a service.

Brazilian Bank Itau Unibanco to Debut Crypto Custody Offering

Itau Unibanco, one of the largest private banks in Brazil and Latam, has decided to step into the crypto-related services business. The company announced on Nov. 17, 2022, that it plans to launch cryptocurrency custody services in 2023. Itau Digital Assets, the division of the company that deals with all things crypto, will be in charge of the tech behind this solution.

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