11 11/2021

News

Bank-grade Digital Asset Custody solutions

The cryptocurrency, tokens and DeFi market 

The market capitalization of crypto world is growing and growing. 

Beginning of October the market cap for the sole cryptocurrencies reaches $2.6 trillion by including also tokens, which are representations of other digital or physical assets or of a right, such as ownership of an asset or access to a service. The growth year ever year is close to 680%*.


The Global Crypto Asset Management industry size is projected to grow from USD 0.48 billion in 2021 to USD 1.23 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 20.5%.

Following this rapidly growing demand, several providers are now offering for digital asset custody solutions all around the globe, but few of them are capable to deliver bank-grade solutions with a strong and robust financial infrastructure.



Digital asset custody solutions: demand met by supply 

The aim of the SIA-Hex Trust partnership is to connect Financial Institutions to the digital asset ecosystem within a secure and scalable custody framework.

SIA is responsible for providing the service, with standards in line with the financial market sector, hosted in our EU data centers, while Hex Trust provides its HexSafe software.

The result of the partnership is an access to Hex Trust platform without implementation efforts for the customer.