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Nov. 9, 2018
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Canada-based chartered bank VersaBank has announced that its subsidiary, VersaVault, has finished beta testing of digital safety deposit box.

The announcement states:

“The beta testing, conducted with our initial target client base, focused on ensuring VersaVault’s design would meet the specific requirements of cryptocurrency exchanges and crypto funds.”

It’s also stated that the bank is focused on “designing a seamless, efficient and timely experience” for its clients, including “the unique features of the VersaVault.”

The first phase of the launch reportedly will be to provide safe keeping as well as multi signature services for crypto exchanges & digital investment funds.

Earlier this year, VersaBank announced a safe vault solution for storing cryptocurrencies — the VersaVault.

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