Institutional Crypto Custody: A Guide to Roles and Control
Keeping tokens with a bank does not rule out pledging them for a loan. Separate safekeeping, signing permissions and authority to sell collateral before comparing services.
VOID Report: Understanding Institutional Crypto Custody: Key Considerations
Institutional investors looking to hold cryptocurrencies may consider using a bank as a custodian. According to The Defiant, this arrangement does not necessarily preclude using the tokens as collateral for a loan.
When evaluating custody services, investors should consider several factors. These include separate safekeeping of assets, signing permissions, and the authority to sell collateral. Careful comparison of services is necessary to ensure the chosen custodian meets the investor's needs.
The Defiant provides guidance on the roles and control involved in institutional crypto custody. The article highlights important distinctions for investors to consider when selecting a custodian.
Further details about specific custodians and their services have not been reported yet. Readers should consult with relevant financial institutions for more information on their offerings.
Written with AI by Noticiero VOID from facts reported by The Defiant. How we do it ·