Blockdaemon Wallet will incorporate some of the firm’s existing wallet infrastructure into a new platform focused on security, compliance and liquidity, skesslr reports
Blockdaemon, a leading crypto infrastructure provider, is launching an all-in-one wallet service to help large-scale institutions and crypto custodians steward their assets without entrusting them to third parties.
Large financial institutions, however, are forced to contend with regulations and security constraints that make consumer-focused crypto wallets inadequate. For this reason, they frequently secure their assets with third-party “custodians.”
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