Fundament partners with DACS for digital asset services
Latest news
Fundament partners with DACS for digital asset services 06 November 2019Berlin Reporter: Jenna Lomax
Image: Shutterstock
Fundament Securities has partnered with DACS Digital Asset Custody Solution (DACS), a digital asset lifecycle management business.
Underpinned by IBM’s enterprise platform, IBM LinuxONETM, Fundament Securities and DACS will jointly provide a custody solution for Fundament’s digital securities.
The custody solution will cater to investors such as pension funds, insurance providers, family offices and high-net-worth individuals.
Fundament’s growing investor-base’ digital assets are protected by advanced cybersecurity under FIPS 140-2 Level 4 certification.
Neil Fillary, co-founder and board member at DACS, said: “Fundament Securities is on
track to bring institutional players into the space of decentralised finance. Smart
contracts and digital-asset technologies are set to transform the way enterprises across
industries do business.”
He added: “Now with our digital asset custody solution, Fundament's underlying infrastructure can help bring security and accessibility in the crypto-asset market to new heights.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 