Institutional investment is pouring into the crypto world. In a reaction to the inflow ,MetaMask Institutional announced another addition to its custodial services offerings for institutional-level clients.
MetaMask’s partnership with NFT management and storage service Cobo aims to create a one-stop platform for large corporations dealing with digital assets.
Although MetaMask is a non-custodial wallet at its average user level, the institutional branch of the wallet has been adopting custodial partnerships in various countries around the world.
While wallets like MetaMask have been deemed not as user friendly in the past, this addition to custodial offerings prioritizes usability for big investors. The new integration allows institutional clients to designate roles the company alongside internal collaboration tools. This enables user limits on buying, trading and selling as permitted by the administrator.