Following its decision to develop its digital asset servicing business with Taurus, CACEIS has created a Digital Assets Factory, which brings together all business lines – custody, investment management services, 3D (digital, data, dissemination), and support functions, product development, compliance, legal and public affairs. A first MVP (minimum viable product) for custody is currently being worked on to trial the issuance of digital assets, with a partner, on a public blockchain. Other projects include seeking authorisation for CACEIS to obtain the status of a Digital Asset Service Provider (DASP). The process is underway and should be completed by early 2023.
