With the rising prevalence of digital assets comes the rising need to secure them. We review digital asset custody solutions — and highlight which one is pulling ahead of the pack.
It’s not new news that digital assets are booming. As a result, forward-looking financial market participants and financial services institutions are increasingly thinking about how to incorporate digital assets into their businesses.
But in a relatively early market like digital assets, there is still uncertainty around asset protection.
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Below, we dig into how digital asset protection is taking shape in the form of custody solutions, providing an overview of the digital custody space to promote a shared understanding of what a custodian is and why institutions are increasingly adopting third-party digital asset custodians.