Finoa launches new custody solution for digital assets
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Finoa launches new custody solution for digital assets 09 April 2019Zug Reporter: Jenna Lomax
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Finoa, a German based fintech company, is launching a fully digital custody solution for digital assets.
The solution offers a custom-built core banking system, an eBanking interface, and proprietary blockchain/private-key-technology.
The custody solution guarantees maximum security, increases the accessibility of digital assets? and supports in-custody trading, staking, voting, and other blockchain capabilities.
According to Finoa, the custody solution has been tailored to institutional investors’ needs, operating a secure and cost-effective infrastructure to service professional investors directly or as sub-custodian on behalf of financial institutions.
The solution is compliant with the EU’s Payments Services Directive and is built on the Electronic Banking Internet Communication Standard.
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