TOKYO -- Sumitomo Mitsui Trust will set up a company this year to provide digital asset custody services for institutional investors, a step it considers crucial in building the infrastructure to better handle digital asset investments.
Major Japan bank intends to attract institutional investors to crypto and NFTs

Sumitomo Mitsui Trust intends to alleviate large investors' fear of owning digital assets. (Source photo by Manami Yamada)
TOKYO -- Sumitomo Mitsui Trust will set up a company this year to provide digital asset custody services for institutional investors, a step it considers crucial in building the infrastructure to better handle digital asset investments.