# IBM Ventures Further Into Crypto Custody With METACO, Deutsche Bank Tie-Ups By Coinness Canonical URL: https://www.tokenpost.com/news/investing/7725 Published: 2021-03-25T06:03:03.000Z Updated: 2021-03-25T06:03:03.000Z Section: Investing > IBM, known for pitching banks and blue-chip firms on private blockchain technology (the sector’s equivalent of alcohol-free beer) is taking decisive steps toward working with the hard stuff. IBM, known for pitching banks and blue-chip firms on private blockchain technology (the sector’s equivalent of alcohol-free beer) is taking decisive steps toward working with the hard stuff. The 110-year-old computing giant is licensing its software to METACO, a Switzerland-based firm that specializes in custodying digital assets for financial institutions, the companies said Thursday. This is the business of safeguarding the cryptographic private keys that control a cryptocurrency wallet, the 21st-century version of protecting a vault full of gold bars. [Coinness]() ## Links in this article - [Coinness](https://coinness.com)