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HSBC Exclusive: Inside the New Digital Asset Client Service

HSBC is looking to penetrate the digital asset custody sector by offering institutional clients safekeeping services for tokenized securities.

HSBC, based in Canary Wharf, is expanding into the digital asset custody sector, partnering with Metaco for institutional safekeeping services. PHOTO: Steve Heap/Shutterstock
HSBC, based in Canary Wharf, is expanding into the digital asset custody sector, partnering with Metaco for institutional safekeeping services. PHOTO: Steve Heap/Shutterstock

These services will be developed in partnership with Metaco, a technology firm owned by Ripple Labs Inc., and are expected to be available in 2024.

This move by HSBC adds to its digital assets ecosystem as it complements the bank’s

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