“One of the UK’s leading precious metals storage firms is adding an altogether more unusual commodity to its vaults – Bitcoin. GoldMoney Group, which holds $1.4 billion worth of precious metals for customers, is setting up a new business specialising in ‘cold’ storage of Bitcoin, an increasingly popular digital currency. Netagio will encrypt Bitcoins and store them on offline storage devices in secure vaults. Netagio, which soft launched at the beginning of December, already has several customers signed up and Hamblin predicts good demand for the service. The new venture joins London-based Elliptic, a Lloyds of London-backed Bitcoin storage specialist which launched last week.”
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