Under federal law that regulates entities exercising fiduciary powers, Standard Custody meets all requirements to be a Qualified Custodian in accordance with the Investment Company Act of 1940 and the Investment Advisers Act of 1940.
Standard Custody has been granted charter status by the New
York State Department of Financial Services (NYDFS),
permitting the company to offer custodial and escrow
services for clients. In granting this charter, NYDFS
conducted a comprehensive review of Standard Custody's
business, including the company's front-to-back security and
its operational flows, as well as its comprehensive
compliance programs, policies and procedures.
Transparency forms the foundation of the digital asset space, and Standard Custody exemplifies this principle as an independent custodian without an exchange. Client funds at Standard Custody are always kept for benefit of the client and never co-mingled.
Each client of Standard Custody has their own individual
blockchain addresses. These segregated on-chain accounts
provide greater transparency and oversight, ensuring that
clients can easily audit and track funds on public
blockchains.
Patented blockchain technology provides one-of-a-kind smart
hardware security, end-to-end encryption and distributed
trust with secure secret keys.
Standard Custody goes beyond industry standard multi-signature security by addressing supply-chain attacks and nation-state resistance models with third-party verification and distributed trust.
Unlike traditional cold storage, Standard Custody requires
no manual operations to handle cryptographic keys,
eliminating the risk of employee malfeasance or mistakes.
Standard Custody's strong network of partnerships and all-in-one ecosystem provides clients with the full suite of services they need to maximize the potential of digital assets.
Standard Custody combines expertise from the world's leading civilian cryptographers and technologists with experienced leaders from traditional capital markets.
Standard Custody is working together with leading auditors to develop a comprehensive SOC 1 Type II report.
Institutional investors can rest easy knowing their digital assets
are covered by Standard Custody's industry-leading insurance
policy.
Get in touch with our team to learn more about Standard Custody's next-level solutions for institutional investors.
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