Representatives of the first said that the deal will provide "business continuity, long-term stability and regulated, secure solutions" for customers.
The terms of the agreement were not disclosed. The deal is still subject to regulatory approval, according to
CoinDesk.
“No other company will have products, services, or experience as deep as this association. We are excited to offer world-class infrastructure within the wider ecosystem and develop the future of the crypto industry,” added Prime Trust CEO Jor Lowe.