Polymath and Prime Trust Team Up to Provide Custody for ST-20 Security Tokens

[kreslik.news]

Polymath, which provides a decentralized protocol and platform for security tokens, is entering the competitive crypto custody enterprise through a partnership with SEC-regulated custodian Prime Trust.

According to a joint statement, the Nevada trust company will provide custody for Polymath coin (POLY), and is looking to offer the service for some ST20 security tokens issued on the Ethereum blockchain beneath the ERC-20 standard.

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Prime Trust is already famous at the blockchain space thanks to its back-office solutions. The company began in July its bitcoin storage service, and then added support for Ethereum and ... (read more)