Balance has completed the acquisition of DVTR, a digital asset custodian based in Wyoming, to expand its footprint in the U.S. digital asset market. The acquisition, finalized on December 11, provides Balance with multi-state licenses for custody, trading, and staking services. This strategic move is aimed at meeting the increasing institutional demand for secure and large-scale crypto asset storage. With this acquisition, Balance now operates in most U.S. states, reinforcing its commitment to compliance and institutional-grade custody solutions.
Balance Acquires DVTR to Enhance U.S. Digital Asset Services
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