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Canadian bank introduced depository cells for storage of cryptoactive

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Canadian financial institution VersaBank has announced the completion of a beta test of the VersaVault project, designed to provide virtual storage for digital currencies to exchanges and crypto funds. This is reported in a press release.

VersaBank focuses exclusively on the digital asset industry. His head of investor relations, Wade McBain, stressed that the organization has already received more than 200 requests for access to a new service.

Bank CEO David Taylor stated the following:

“While many people are just thinking and nurturing plans to create depository cells for safekeeping of digital assets, we are developing and creating them. Now we are commercializing such a service, which involves the most advanced security measures and authentication technologies, and is available globally. Thanks to him, our customers will be able to experience the benefits of complete privacy. ”

A source: https://www.businesswire.com/news/home/20181108005224/en/VersaBank-Subsidiary-VersaVault-Initiates-Commercialization-Stage-Digital

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