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Digital Assets Custody and DeFi Opportunities
Working full time in the digital assets space
Digital Assets Custody.
About five months ago I started working for Hex Trust, a company that has been focused on the custody of digital assets from day one and keeps enhancing this product by building additional services around it. The adoption of digital assets by institutional investors is incremental, yet active. The role of custody is very important for companies that manage portfolios on behalf of their investors. The digital assets market is volatile in nature and it is crucial to have a reliable digital asset wallet provider that can ensure your assets are kept secure while you can focus on seizing opportunities around their value appreciation. An example of a custody service would be a crypto fund that has a digital assets wallet created and maintained by a technology firm, which is monitored by a team of cyber security and software engineers. This is to fend off any attempts at hacking your wallet as well as ensure the assets are stored safely and conveniently to access.
Proof of Reserves and Liabilities.
Why is hacking such a crucial topic in the crypto space? According to Chainalysis, illicit wallet addresses received $14 billion over the course of just one year (2021). Modern cryptocurrency investors pay attention to and derive…
