ANXONE Solutions — Custody for Digital Assets: Mapping the Impact
The token economy is in transition. Major financial players are entering the scene. New digital asset products are being developed every day. Sentiment is slowly but surely turning positive and technology adoption is continuously increasing. But while these trends are welcome and necessary, they come amidst a range of challenges, from regular security breaches to unsustainable business models. This complex of conflicting issues is a pivotal moment of maturation for the industry. And one which is going to have a long-lasting impact on investors.
This white paper will discuss the role of custody solutions for digital assets, as one of the major drivers in this process of growth. Such solutions come at a propitious time, given the macro developments trending across the token economy:
1. Institutional interest in digital assets is at an all-time high.
2. Regulatory bodies worldwide are working to promulgate industry regulations.
3. Security has become an unconditional priority.
In traditional finance, the amount of assets under custody has grown impressively over the past two decades, as the investment industry flourished. Now that the global investment community’s attention is turning toward digital assets, the same kind of dynamic and robust growth is a real possibility. Custody solutions will be an essential part of making that possibility a reality.
