Standard Custody & Trust launches crypto-currency and security token custody service for institutional investors

Custody, long the poor relation of the traditional securities industry, has emerged as the foundation of the digitalization of the capital markets. That is because it is confidence in the safekeeping of the private keys that unlock ownership of crypto-currencies and security tokens that will determine the level of institutional investment in both. Polysign subsidiary Standard Custody & Trust has just raised more than US$80 million to build a blockchain-based, institutional-grade custody service for asset managers. Future of Finance co-founder Dominic Hobson spoke to CEO Jack Macdonald. Hosted on Acast. See acast.com/privacy for more information.