FAB and Komainu Complete Two-Way Digital Asset Custody Transfers

First Abu Dhabi Bank (FAB) and Komainu announced Nov. 3 that they had completed two-way transfers of a digital asset portfolio, bringing custody infrastructure for future institutional financing into operational use. The transfers settled immediately and linked Komainu’s custody and connectivity services with infrastructure used by FAB Global Markets. The companies did not identify the client, name the assets or disclose the portfolio’s value. The milestone marks an operational custody step, not a financing deal. FAB said its financing capabilities are available to institutional clients, but it is still working toward its first transactions.

Source: TokenPost