Thailand's leading bank, Kasikornbank, has made a significant move in the cryptocurrency space. As reported by Cointelegraph, the bank has announced its plans to launch a crypto custody service, recognizing the growing demand for secure storage solutions in the digital asset market. Under the name orbix Custodian, this new service will be backed by a crypto custody license granted by the Ministry of Finance and will operate under the watchful eye of the Securities and Exchange Commission. With an anticipated launch in early 2025, orbix Custodian aims to provide institutional investors and high-net-worth individuals with a secure and compliant platform for storing their crypto assets. This move demonstrates Kasikornbank's commitment to innovation and its recognition of the transformative potential of cryptocurrencies. As the crypto industry continues to evolve and gain mainstream adoption, banks like Kasikornbank are positioning themselves to play a key role in providing safe and regulated gateways for investors.