According to reports, an institutional quality custody company, Standard Custody and Trust Business LLC, has been chosen as the custodian for Blockchain.com’ BCAM Blockchain.com Asset Management.
The solution provided by Standard Custody is highly secure, regulated, and insured. Standard’s patented blockchain technology, which is led by a best-in-class team of cryptocurrency and financial services pioneers, provides end-to-end encryption and distributed trust protocols for securing secret keys.
Standard’s unified escrow trading platform allows investors to buy and sell digital assets directly from custody, deleting the risk of external transfers and incompetent transactions between various providers.
Not long ago Blockchain.com announced the launch of a new platform Blockchain.com Asset Management (BCAM) which will allow crypto companies to access the skills of Altis Partner (An award winning investment manager). This will be an institutional platform and BCAM will provide a plethora of investment learning opportunities.
“We’re thrilled to have been chosen for our best-in-class technology to partner with Blockchain.com. Blockchain.com’s creation of this innovative platform highlights the growing demand among sophisticated institutions for digital assets. – Jack McDonald, CEO of PolySign, the parent company of Standard Custody and Trust LLC.
Standard Custody is led by a team of cryptocurrency and financial services pioneers. Its blockchain technology is one of the best because it provides end-to-end encryption and distributed trust protocols for securing secret keys.
Charles McGarraugh, Altis Partner’s Chief Investment Officer said “The advent of distributed ledger technologies and crypto assets has the potential to change the structure of financial services and global capital markets while presenting new opportunities for investors. We are pleased to offer our risk management and operational expertise in this exciting sector to an even broader range of clients.”
With a market capitalization of $14 billion, Blockchain.com is one of the world’s largest cryptocurrency exchanges. Only last week, the cryptocurrency exchange reportedly announced that it was interviewing banks for an initial public offering (IPO) as part of its ambitions for an IPO soon.
