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Blockchain.com Secures Cayman VASP License for Institutional Crypto Custody

Guavy AI Editorial Team
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Blockchain.com has secured a Virtual Asset Service Provider (VASP) license in the Cayman Islands, enabling it to offer custody services. This move allows Blockchain.com to strengthen its institutional crypto infrastructure by providing secure and compliant storage solutions for digital assets.

The VASP license is a significant development for Blockchain.com as it expands its operations globally. The company's partnership with OpenWorld to accelerate real-world asset (RWA) tokenization and institutional services is also expected to boost its growth in the market.

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