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  3. Fundament partners with DACS for digital asset services
Custody news

Fundament partners with DACS for digital asset services


06 November 2019 Berlin
Reporter: Jenna Lomax

Generic business image for news article
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.”
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