It is often difficult to figure out how the market will react to crypto announcements. 🤔
IBM has just entered the “Crypto Custodial Market” with an exciting cloud offer for banks and financial services to use. So, what this could mean? Many believe the market is craving a reliable third party that can be trusted for Custodial Services.
We saw Fidelity Investments come forward with their offering a few weeks ago, and now Fidelity’s competition can go to IBM to have their “own similar offer”. It will definitely be interesting to see how people respond in the following months!