Mapping out custody services across the blockchain ecosystem

One longstanding issue preventing cryptocurrency adoption has been safeguarding this newer asset class. The permanence of transactions and their censorship resistant nature have attracted hackers.

Not only have these digital assets been susceptible to bad actors, but lack of proper protection and regulatory measures has made it challenging for institutions and the “legacy” financial world to step in. Due to the Dodd-Frank act, any institutional investor possessing customer assets over $150,000 is required by law to have the funds properly controlled by a “qualified custodian.”