European Banking Giant CACEIS to Launch Crypto Custody Service

On September 15, two sources said that CACEIS, a custody and asset service bank under French bank Credit Agricole and Spanish bank Santander, is working with Swiss custody technology provider Metaco to create a cryptocurrency custody solution.

Sources said that CACEIS's goal is to create a highly integrated solution that not only solves hosting issues but also provides comprehensive services that meet various needs.

CACEIS is headquartered in Paris, with Crédit Agricole holding 69.5% and Santander holding 30.5%. It has 4.2 trillion euros (4.96 trillion US dollars) in assets under custody and 2.2 trillion euros (2.6 trillion US dollars) in assets under management, and has a strong influence in Europe.