Safeguarding Digital Assets: Custody Challenges and Solutions - TOKEN2049 Singapore 2023
Explore the intricate world of digital assets at TOKEN2049 Singapore 2023 with the talk "Safeguarding Digital Assets: Custody Challenges and Solutions." Industry leaders from custodial and non-custodial backgrounds, such as Uriel from Zango, Amy from Fireblocks, and Diego Monica from Anchorage Digital, come together to share insights on navigating the turbulent past year marked by significant events like the Luna collapse and the FTX bankruptcy.
This session unpacks key lessons learned in the digital asset space, emphasizing the importance of corporate governance, security, and regulatory engagement. The speakers discuss the nuances of custodial and self-custody solutions, highlighting the need for diversification and robust security frameworks for both institutions and retail investors. Institutions, confronted with increasing regulatory scrutiny, are more inclined towards using qualified custodians, while new technological advancements in passwordless authentication and non-custodial solutions are reshaping the industry landscape.
As traditional finance cycles repeat, the dialogue stresses the necessity for greater transparency and honest communication about the pros and cons of different custody models. This talk is an invaluable resource for those interested in understanding the evolving dynamics of digital asset custody, underscoring the potential for innovation and growth even amidst sector challenges.
Don't miss your chance to engage with this pivotal discussion. Like, comment, and subscribe to stay updated with more insightful content from TOKEN2049.
