Navigating Crypto in 2023: How to Choose a Secure Digital Asset Custodian

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Navigating Crypto in 2023: How to Choose a Secure Digital Asset Custodian
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Choosing a digital asset custodian does not have to be a difficult task. Several trusted custodians providing reliable custodial services and solutions.

The cryptocurrency ecosystem is no longer a niche subset of finance living on its fringes. It is witnessing rapid adoption that is moving its use cases beyond simple peer-to-peer transactions envisioned by the anonymous creator of Bitcoin. Institutional interest in the asset class is higher than ever, with crypto-native concepts like and DeFi becoming a part of their investment portfolios.

Bad actors can use the data to launch external hacks and social engineering exploits to steal their funds. Making sure custodians address such risks is imperative. They must possess certifications like ISO:27701 and SOC 2 , ensuring they meet infosec benchmarks. Industry-related ones like are essential, too. Having such certifications verifies they can handle all sensitive data securely, whether in transit or storage.

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