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Absa becomes Africa’s first bank to offer crypto custody, targets $1.5 billion market

Absa Group Ltd. has become the first bank in Africa to offer institutional digital-asset custody services as it moves to tap South Africa’s crypto market, where assets held by the three largest licensed service…

Aggregated · originally by Nairametrics
2 Oct 2026, 12:01 WAT · 3 min read
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Absa becomes Africa’s first bank to offer crypto custody, targets $1.5 billion market

Absa Group Ltd. has become the first bank in Africa to offer institutional digital-asset custody services as it moves to tap South Africa’s crypto market, where assets held by the three largest licensed service…