Monday, December 23, 2024
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ING Bank Spins Off Its Cryptocurrency Custody Platform to GMEX Group

“It made sense for ING to spin Pyctor out and then it becomes much more neutral,” said Misra in an interview. “We’ve got a strong go to market with the likes of AWS and others, and the bank can capitalize on that. These networks are all about wider adoption, so getting beyond a single player or a small set of players.”

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