The latest move gives Asia its first homegrown, independent digital asset custodian, filling an important niche in the nascent but fast-growing industry.
The company believes that the product will appeal to businesses who are active in the digital assets space.
The latest product is the company’s first entry into the Asian markets. It has previously launched stablecoins backed by US dollar, British pound, Canadian dollar, and Australian dollar.
Legacy Trust is already working with nearly 20,000 entities including OTC desks, cryptocurrency funds, high net worth individuals, amongst others.