Hauck & Aufhäuser acquires Kapilendo Custodian

Monday 20 September 2021 09:00 CET | News

Germany-based private bank Hauck & Aufhäuser Privatbankiers has announced reaching an agreement with Bloxxon on the acquisition of crypto custodian Kapilendo Custodian. 

Kapilendo Custodian received the BaFin license required for the crypto custody business in September 2021. The company manages cryptographic keys, so-called private keys, which are used to hold, store or transfer digital assets such as crypto currencies.

Kapilendo Custodian, will operate under the name Hauck & Aufhäuser Digital Custody in the future. According to a Hauck & Aufhäuser representative, they aim to promote the tokenization of assets for their fund customers. Hauck & Aufhäuser will also further expand their cooperation with Bloxxon.

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Keywords: acquisition, tokenization, cryptocurrency, crypto asset
Categories: Banking & Fintech | Online & Mobile Banking
Countries: Germany
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Banking & Fintech

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