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Transaction bankingAugust 16 2023

Custodians are at a digital crossroads

Digital securities – not just crypto assets – are becoming more prevalent. Custodians need to ensure they offer the right services to support this change, write Etay Katz and Simon Helm.
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Custodians are at a digital crossroadsImage: Getty Images

This article is the first instalment of a series on the custody of crypto assets. Read the second article here, and third article here.

As their clients seek ways to add digital assets – including “native” assets such as bitcoin and ether – to their portfolios, executives at global custodians face a stark choice: invest in the capacity to support digital asset holdings, or adopt a “wait-and-see” policy but risk falling behind. 

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