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Investors bet billions on crypto custody providers

The safekeepers of crypto assets are attracting billions of dollars from investors betting that the influx of Wall Street players into digital markets will lead to a surge in demand for custody services.

Aside from significant money inflows, senior figures from traditional finance and politics have moved to companies that act as gatekeepers of the digital world. Former UK chancellor Philip Hammond last year joined London-based Copper, one of the largest crypto custody providers.

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custody, crypto