Stepping stone or roadblock? Institutional #custody in The Era of Tokenization
▻https://hackernoon.com/https-medium-com-finoa-banking-stepping-stone-or-roadblock-institutional
Current and future dynamics in the global custody industry for financial Digital AssetsAs presented in our second publication, “Mapping business opportunities in The Era of Tokenization — a $24trn game”, institutional custody, as of today, is one of the biggest open battles for further market growth of Digital Assets (tokenized assets). Hence, it is one of the verticals with the highest potential and opportunities in the financial services landscape for tokenized assets. Custodians need to implement the necessary technology and infrastructure to secure tokenized assets which means protecting the private keys and developing secure mechanisms to support transactions in and out of custody. In addition to storage of the private keys, custodians also need to adapt their technology architecture (...)
#institutional-custody #blockchain #digital-asset #era-of-tokenization