U.S. Bank resumes bitcoin custody services for institutional managers

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Go back to U.S. Bank resumes bitcoin custody services for institutional managers

U.S. Bank Resumes Bitcoin Cryptocurrency Custody Services for Institutional Investment Managers

September 3, 2025 8:00 AM EDT

Offering expanded to include bitcoin ETFs

MINNEAPOLIS--(BUSINESS WIRE)-- U.S. Bank announced today that it has resumed offering cryptocurrency custody services originally announced in 2021 as an early access program to Global Fund Services clients. The services are intended for institutional investment managers with registered or private funds who seek a secure safekeeping solution for bitcoin. NYDIG, a vertically integrated bitcoin financial services and power infrastructure firm, will act as the bitcoin sub-custodian.

Stephen Philipson, vice chair, U.S. Bank Wealth, Corporate, Commercial and Institutional Banking, said, Were proud... More