Internationally renowned banks launch encryption asset trading as TradFi embraces Digital Money.

Recently, it has been reported that an internationally renowned bank is launching a series of crypto assets trading services for its institutional clients. It is said that this service will be supported by several large OTC trading firms and cryptocurrency exchanges, including a token based on the Ethereum network for settlement.

This move shows that traditional financial institutions are gradually embracing the field of Crypto Assets. In fact, just one day before this news broke, the CEO of the bank stated during a speech at a fintech event in Singapore that the widespread adoption of digital currency is "absolutely inevitable."

This series of actions reflects that as the crypto assets market continues to mature, more and more traditional financial institutions are beginning to recognize the potential and importance of digital currencies. They are actively exploring how to integrate crypto asset services into their own service systems to meet the growing demand from institutional clients.

Experts believe that large banks entering the Crypto Assets field can not only provide institutional investors with more diversified investment options but also help enhance the professionalism and standardization of the entire industry. However, given the volatility of the Crypto Assets market and the uncertainty in regulatory aspects, these financial institutions still need to maintain a cautious attitude and manage risks effectively when engaging in related businesses.