What are Custody Solutions?
Custody Solutions encompass tools and services designed to securely store and manage digital assets such as cryptocurrencies and tokens. These solutions include custodial wallets, multi-signature wallets, hardware security modules (HSMs), and institutional-grade custody platforms. They provide mechanisms for key management, asset safekeeping, and transaction authorization, often incorporating compliance and security features tailored for different user needs. Primary users include institutional investors, exchanges, DeFi platforms, and developers building applications that require secure asset control. Key characteristics of custody tools include robust security protocols, access controls, recovery options, and auditability. Subcategories may include self-custody wallets and third-party custodians. Developers should consider custody solutions when their applications handle significant asset value, require regulatory compliance, or need to offer users secure asset management options.
