White Papers Introducing Direct Custody: Why Financial Institutions Are Choosing To Custody Their Own Digital Assets

White Papers Introducing Direct Custody: Why Financial Institutions Are Choosing To Custody Their Own Digital Assets

Mar 23, 2023
fireblocks

Financial institutions are entering the digital asset space with an all-time high level of enthusiasm and commitment. America’s oldest bank and the world’s largest custodian, BNY Mellon, is the newest large FI to announce their adoption of cryptocurrency.

As the global transformation to digital assets and crypto goes into full swing, a number of questions are standing out to decision makers at banks and other financial institutions. For one, you may be wondering: As we expand to the digital asset space, what’s the best way to custody these new assets?

At Fireblocks we have found that FIs often achieve better results by deploying a “direct custody” system for digital assets.

Download this whitepaper to learn about:

  • Direct Custody vs. Sub-custody – What’s the difference?
  • What kind of custody solution best suits your organization.
  • How direct custody enables FIs to provide a more pristine user experience, retain tighter control over risk and compliance operations, and leverage their own balance sheets.