Definition ∞ Blockchain custody refers to the secure management and storage of private keys that control access to digital assets on a blockchain. This service protects digital holdings from theft, loss, and unauthorized access. Custodial solutions range from self-custody methods where individuals manage their own keys to institutional-grade services provided by specialized firms.
Context ∞ As digital asset markets mature, the demand for robust blockchain custody solutions continues to grow, particularly among institutional investors seeking secure and compliant storage options. Regulatory bodies are actively developing guidelines for digital asset custodians, emphasizing operational security, insurance provisions, and clear ownership verification to protect client assets.