Kingdom Crypto Custody Service …

Crypto-custodian service Kingdom Trust insured on the Lloyd’s of London market

Kingdom Trust, an institutional-grade crypto asset holding platform, said its reserves were insured in the world’s largest insurance market, Lloyd’s of London..

Kingdom Trust holds $ 12 billion in assets and provides institutional and private investors with services for placing their funds in cryptocurrencies, as well as investing in alternative asset investment funds. In addition, the company offers its clients investment advisory services and supports a variety of investment platforms. In January of this year, it became known that Bitgo might acquire Kingdom Trust, but later it decided to develop its own custodian service..

“From the outset, we viewed insurance as a key factor in attracting institutional investors to our marketplace,” Kingdom Trust CEO Matt Jennings told Reuters..

Kingdom Crypto Custody Service ...

Kingdom Trust claims to adhere strictly to the requirements of the United States Securities and Exchange Commission (SEC) and is qualified to manage various investment vehicles. Customers of the company who do not want to interact directly with cryptocurrencies can still invest in a new asset class through private, public funds or hedge funds.

If a client wants to invest in cryptocurrencies, Kingdom Trust offers him secure cold storage and reliable connections with other companies in the digital asset industry. Jennings said his firm received a “substantial discount” from Lloyd’s of London for the technology it uses to store cryptocurrencies. At the same time, he refused to disclose the details of the transaction..

Kingdom Crypto Custody Service ...

Similar articles

  • Custody service clients…

    Coinbase Custodial Service Clients Gain Access to OTC Trading Coinbase this Wednesday announced a “direct integration” of the custodian…

  • BlockFi crypto deposit service…

    BlockFi Crypto Deposit Service Will Reduce Rate Due To Inflow Of Institutional Clients Launched Under General Approval This Month…

  • Ethfinex Trustless launched a service…

    Ethfinex Trustless Launches OTC ERC20 Token Trading Service Ethfinex, a non-custodian exchange owned by Bitfinex’s parent company…

  • ConsenSys and AMD to develop service…

    ConsenSys and AMD to develop a cloud computing service on the Ethereum blockchain – ConsenSys and computer chip maker AMD have concluded…

  • Fidelity Digital Assets intends…

    Fidelity Digital Assets intends to add Ethereum support in 2020 Fidelity Digital Assets (FDAS) may add Ethereum support subject to…