A custodian bank can hold trillions of dollars in securities, ensuring that ownership records are accurate and assets can’t be misappropriated. These institutions are regulated, insured and audited.
Cryptocurrency custody has traditionally operated in a different universe.
Across the blockchain, possession of digital assets means controlling a private key, or a long, unique string of numbers that allows its holder to move assets recorded on the blockchain. Lose that key, and you lose the asset. No one can restore it; there’s no forgot-password button to click on blockchain networks.
For individual users, this is empowering but perilous. For institutions managing billions of…
Oct 29 2025
