Digital asset custody

The growth of the digital assets market has been irrefutable, with the collective value of digital assets soaring past a trillion dollars in 2020 and two trillion dollars in 2021. Driven by many converging trends, the financial services industry is being globally transitioned to mainstream adoption of digital assets. This rapidly expanding field sees a growing number of businesses and individual investors coming to the realisation of the value of digital assets. In the earlier days, big players such as BNY Mellon (the world’s largest custodian bank), Mastercard, Visa and Blackrock indicated that digital assets would play a major role in their financial strategy. However, in recent years criminals have stolen over $14 billion in cryptocurrencies from the expanding ecosystem, putting investors at a loss and in a position of doubt. These losses emphasize the value of secure custody infrastructure, which is only becoming more important as institutional players with higher compliance and s…