British bank Barclays has put together a team of senior staff members to explore how it can start trading cryptocurrencies, according to a report by Barrons.

Barclays, investment bank based in Great Britain, is planning to launch cryptocurrency project. The group is reportedly led by former global head of energy trading Chris Tyrer, who is joined by head of FX strategy Marvin Barth and Dr. Lee Brain, a technologist who has been studying blockchain technology for the bank since 2015, Financial News reports.

The managers leading the project express positive attitude towards digital money and believe that cryptocurrencies can become a real assets in the near future. Experts say that new technology will implement positive changes into IT structure of the bank and increase the trust and interest of the clients.

In May, Barclays CEO Jes Staley stated that the bank doesn’t have an intention to close cryptocurrency trading department. He also noted that «the possibility of cryptocurrencies being used for activities that the bank wants to have no part of».