Canadian Financial Service Versabank Launches Digital Asset Vault

[jamie.redman1]

The well known Canadian financial institution Versabank has announced it is in the midst of building a new vault initiative for customers so they can securely store digital assets. Versabank’s latest creation will be called, ‘Versavault,’ a platform focused on storing all kinds of digital properties including cryptocurrencies, but with the security and trust that comes with a Canadian chartered bank.

This week the branchless Canadian financial management service, Versabank, has announced the creation of its new product Versavault — a safety deposit box specifically designed to house cryptocurrencies and a variety of other digital properties. Versabank’s new offering will be blockchain-based, encrypted, and claims to be an “impenetrable security solution.”

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