AMB AMRO is a Dutch-based financial giant, and they are exploring the idea of developing its own cryptocurrency wallet. According to the company's Twitter handle, rumours that the company is testing phase of its crypto wallet has been confirmed. The codename for the wallet is Willie and already has a customer base of 500 people. On being asked about the crypto wallet on Twitter, the bank has been open on talking about its desire to dabble into crypto custody.
ABN AMRO has been extraordinarily upfront and vocal when it comes to its interest in cryptocurrencies on all their social media platforms. It was stated by ABN earlier that the company is interested in cryptocurrency custody since its research shows more and more people are investing in crypto and security is one of their first concerns.
The beta version of Willie which is in testing incorporates support for ABN's mobile banking app which essentially raises a number of questions concerning ABN's plans, according to sources. However, this is a piece of unverified news. However, at present, there is just limited information available concerning Willie and ABN's plans for stepping into cryptocurrency space. The technical specifications of the wallet and its level of development are still ambiguous and unanswered for now. What's exciting is that we know that now the worlds biggest banks are stepping into the world of cryptocurrencies.