Bank dem sabi hold crypto plus digital money
As traditional money and digital money lines dey comot, banks don dey look into crypto custody services, wey be say dem go keep and protect customers' crypto. Before before, dem bin dey fear becos of rules, but now banks dey see say crypto industry don mature, so e be new way to grow. If banks offer crypto custody, dem fit put demseif as leaders for digital finance, make dia wealth management better and stop customers from leaving. This service go make dem enter new areas like staking and yield generation, wey important as financial services dey move to blockchain. E main main to build secure and correct crypto custody structure, wey need money for technical things and risk management tools, like the ones Elliptic get. For final, this new service chance go allow banks meet customers wey want digital money, while dem dey prepare for future blockchain uses.
Bullish
As banks dey show more interest for crypto custody services, e mean say pipo don dey accept and blend digital money more into di normal money system. This thing wey dey happen fit make crypto market better (bullish), because if banks enter, e fit bring more big companies (institutional interest) and investment. For short time, as dem start crypto custody services, e fit make digital money worth pass as big companies confidence dey grow. For long time, if dem fit join blockchain services well, e fit make crypto market growth stable and continue, because e go handle security and risk wahala and also make am easy for pipo to reach di money.