LinusCoins Announces New Custody Service to Support Bitcoin Spot ETFs

PRESS RELEASE
Published June 11, 2024

LinusCoins, a premier cryptocurrency exchange, is excited to announce the launch of its new crypto custody service in a near future, strategically timed with the surge in US exchange-traded funds (ETFs) investing directly in Bitcoin.

“This will be a big event for us,” CEO of LinusCoins, stated in a Television interview. “For a lot of customers, there’s often synergy between the two — custody in the same place where you find liquidity.”

The SEC’s recent approval of almost a dozen spot Bitcoin ETFs marks a significant milestone for the cryptocurrency industry, and LinusCoins is poised to support these ETFs with its new custody offering. This service will provide a secure and efficient solution for storing digital assets, catering to the needs of both institutional and retail investors.

LinusCoins currently offers indexing services to these ETFs, and the addition of a custody service will enhance its comprehensive suite of crypto solutions. The new custody product is designed to offer robust security measures, ensuring the safekeeping of digital assets in a regulated and trusted environment.

LinusCoins’s new service is part of its broader strategy to facilitate the integration of cryptocurrencies into traditional financial markets. By providing secure custody solutions, LinusCoins aims to meet the growing demand for reliable and compliant crypto services, reinforcing its position as a leader in the industry.

For further details, please visit LinusCoins’s website.

Media details

Company name: Linuscoins

Contact Name: Ben Ash

Country: London, United Kingdom

Email: info@linuscoins.com

Website: https://www.linuscoin.co/

The post LinusCoins Announces New Custody Service to Support Bitcoin Spot ETFs appeared first on Dimorian Review.



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