Google unveils a security system to help banks hold and move crypto

Google has unveiled a new security system meant to help banks safely store and transfer cryptocurrencies and tokenized assets, according to a Watcher Guru post on Wednesday morning.

The post describes the product as aimed at banks, covering both native crypto and tokenized versions of traditional assets. It did not give pricing, launch partners or a timeline.

Why it mattersCustody and transfer security are a big reason banks have been slow to touch digital assets. A Google-built option could make that step easier for traditional institutions.