Swiss-based bank SEBA has expanded its crypto custody solution to cover the storage of high-quality NFTs.
Seba announced On October 26th, we announced that we were expanding our institutional custody solution to secure Ethereum-based (ERC-721) NFTs.
Clients can deposit NFTs with a good collection of: bored monkey, CryptopunksWhen Clone Xfor safekeeping with crypto banks.
SEBA says the custody solution helps clients protect their valuable NFTs without the hassle of managing private keys.
Recent chainalysis report About $3.7 million worth of bitcoin has been revealed as the owner lost access to the private key.
Urs Bernegger, co-head of Lender Markets and Investment Solutions, said the new solution will appeal to NFT owners who feel more secure entrusting their NFTs and private keys to custodians like SEBA. I was.
Bernegger added:
“…SEBA is very pleased to support our clients with our expertise in expanding our services by offering NFT custody.”
Market for NFTs
Dapp Radar report It shows that the NFT market has grown significantly despite the cryptocurrency winter. By the end of the third quarter, total NFT trading volume increased 6% to about $21 million, while active His NFT traders surged 36%.
Ethereum-based NFTs, including Bored Apes and Cryptopunks, account for over 91% of reported trading volume.
Growing celebrity interest in the Bored Apes collection has seen its total transaction volume soar to $2.4 billion. Cryptoslam data.
Renowned footballer Neymar bought for $1.05 million Basie #6633while singer Justin Bieber got BAYC#3001 for $1.3 million.
