Definition ∞ Enterprise Asset Custody refers to the specialized services and technological solutions designed for institutional-grade safekeeping and management of digital assets for businesses and large organizations. These services typically involve advanced security measures, regulatory compliance, multi-signature controls, and robust auditing capabilities. It addresses the unique security and operational requirements of holding significant digital asset values for corporate clients. Such custody solutions are critical for institutional participation in the digital asset market.
Context ∞ The provision of Enterprise Asset Custody is a rapidly expanding sector, driven by increasing institutional interest in cryptocurrencies and tokenized securities. News often highlights new offerings from traditional financial institutions and specialized crypto custodians, focusing on security enhancements, insurance provisions, and regulatory clarity. This area is pivotal for bridging traditional finance with the digital asset economy.