Multichain Custody

Definition ∞ Multichain Custody refers to the secure holding and management of digital assets across multiple distinct blockchain networks. This specialized custody solution supports a diverse range of cryptocurrencies and tokens that reside on different distributed ledgers. It addresses the complexity of managing assets that operate independently, providing a unified and secure interface for users. This capability is essential for diverse portfolios. It simplifies asset management across networks.
Context ∞ As the digital asset ecosystem expands beyond single blockchains, multichain custody has become a critical service for institutions and sophisticated investors. News frequently covers new integrations and partnerships that broaden custody providers’ multichain capabilities. A key discussion point involves maintaining consistent security standards and regulatory compliance across disparate blockchain protocols. This service supports broad digital asset participation.