Mastercard Teams Up With Paxos To Launch Crypto Trading For Banks

Mastercard Inc (NYSE: MA) on Monday announced a program to enable financial institutions to bring secure crypto trading capabilities and services to their customers, in partnership with blockchain infrastructure platform Paxos. Per the agreement, on behalf of the banks, Paxos will offer crypto-asset trading and custody services, while Mastercard will use its technology to integrate those capabilities into the bank interfaces, giving customers a “seamless” experience.