Home   News   Features   Interviews   Magazine Archive   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way,

Global Asset Servicing News and Commentary.
≔ Menu
Securites Lending Times logo
Leading the Way,

Global Asset Servicing News and Commentary.
News by section
Subscribe
⨂ Close
  1. Home
  2. Custody news
  3. ONC launches new custody service
Custody news

ONC launches new custody service


24 April 2019 Singapore
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
Onchain Custodian (ONC) has launched a personalised custody service for market participants and accredited investors to secure digital assets with institutional grade security and controls.

Accuity will use ONC for know-your-customer and anti-money laundering compliance, and Polymath, will utilise ONC as one of its custodian service providers.

Tembusu Partners, Pre Angel, JLAB, JD Capital, Fission Capital, Frees Fund, Timestamp Capital, Milestone, among seven others, are due to start the on-boarding process with ONC in the coming weeks.

The SAFE digital asset custody platform was launched on 11 April during the Asia Pacific Blockchain New Finance Summit in Singapore.

Alexandre Kech, CEO of ONC, said: “Best practices around digital asset custody are critical to the future of this industry.”

He added: “We are committed to work with customers but also associations like the Distributed Regtech Collaboration Platform, the Malaysia Blockchain Association or the Digital Exchange Association to build the global standard for digital asset custody.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Custodian

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →