Under federal law that regulates entities exercising fiduciary powers, Standard Custody meets all requirements to be a Qualified Custodian in accordance with the Investment Company Act of 1940 and the Investment Advisers Act of 1940.
Standard Custody has been granted charter status by the New York State Department of Financial Services (NYDFS), permitting the company to offer custodial and escrow services for clients. In granting this charter, NYDFS conducted a comprehensive review of Standard Custody’s business, including the company’s front-to-back security and its operational flows, as well as its comprehensive compliance programs, policies and procedures.
Transparency forms the foundation of the digital asset space, and Standard Custody exemplifies this principle as an independent custodian without an exchange. Client funds at Standard Custody are always kept for benefit of the client and never co-mingled.
Each client of Standard Custody has their own individual blockchain addresses. These segregated on-chain accounts provide greater transparency and oversight, ensuring that clients can easily audit and track funds on public blockchains.
Patented blockchain technology provides one-of-a-kind smart hardware security, end-to-end encryption and distributed trust with secure secret keys.
Standard Custody goes beyond industry standard multi-signature security by addressing supply-chain attacks and nation-state resistance models with third-party verification and distributed trust.
Unlike traditional cold storage, Standard Custody requires no manual operations to handle cryptographic keys, eliminating the risk of employee malfeasance or mistakes.
Standard Custody's strong network of partnerships and all-in-one ecosystem provides clients with the full suite of services they need to maximize the potential of digital assets.
Standard Custody combines expertise from the world’s leading civilian cryptographers and technologists with experienced leaders from traditional capital markets.
Standard Custody is working together with leading auditors to develop a comprehensive SOC 1 Type II report.
Institutional investors can rest easy knowing their digital assets are covered by Standard Custody's industry-leading insurance policy.