Hybrid service to provide digital asset custody, management, and advisory to financial advisors and wealth managers New York, July 27, 2023 — Standard Custody & Trust Company, a NYDFS chartered company providing institutional-grade custody, escrow, and settlement services for digital assets, announced a groundbreaking partnership with L1 Advisors, a pioneering…

Patrick Clancy, Head of Digital Asset Strategy, PolySign In the last of our blogs, Patrick Clancy explains how improving the definition of Qualified Custodians and clarifying the role of Registered Investment Advisers can make the new rules even more workable. The new proposed SEC rules (‘Proposal’) will bring about the…

Patrick Clancy, Head of Digital Asset Strategy, PolySign In the third of our blog series on the SEC-enhanced safeguarding rules, Patrick Clancy writes about how PolySign and Standard Custody’s solutions can help Registered Investment Advisors achieve compliance and prepare for a more regulated future framework. The new SEC ‘Proposed Rules…

Patrick Clancy, Head of Digital Asset Strategy, PolySign This is the second of our multi-part blog series on the SEC enhanced safeguarding rules. …

NEW YORK, MAY 18, 2023: Digital asset custodian, Standard Custody & Trust Co., a subsidiary of PolySign, announced completion of its SOC 1 report as of May 12, 2023. This certification validates the design and implementation of the firm’s custody operations and the integrity of its corresponding reports. SOC reports…

Patrick Clancy, Head of Digital Asset Strategy, PolySign On February 15, 2023, SEC Chair Gary Gensler issued new SEC ‘Proposed Rules Regarding Investment Adviser Custody’ that will vastly expand the role and remit of Qualified Custodians (QCs) in digital asset capital markets, as well as other asset classes. In the…

SAN FRANCISCO, NEW YORK — MARCH 29, 2023: PolySign, a leading provider of blockchain-enabled digital asset infrastructure for institutional investors, today announced the appointment of Charles (“Chuck”) Ocheret as its new Chief Technology Officer to oversee the next stage of its growth and technology development. Ocheret brings with him over…

By Jack McDonald, CEO, Standard Custody & Trust Co. Just as traditional custody has evolved from a physical safekeeping function with subterranean vaults and armed guards, the digital custody ecosystem is also evolving. …

How do institutions secure cryptocurrencies and other digital assets safely? Jack McDonald, CEO of Standard Custody & Trust Co., a pioneer and innovator in digital asset custody, discusses the different techniques in use today. …