Secure Custody

Definition ∞ Secure custody refers to the practice of safely holding and managing valuable assets, ensuring their protection from theft, loss, or unauthorized access. In the context of digital assets, this involves implementing robust cryptographic, technical, and procedural safeguards to protect private keys and cryptocurrency holdings. It is a fundamental service for institutions and individuals alike.
Context ∞ The provision of secure custody services is a critical component of the institutional adoption of digital assets. Concerns about security breaches and asset loss have driven demand for specialized custody solutions that meet stringent security and regulatory standards. News frequently covers advancements in secure custody technology, regulatory requirements for custodians, and the ongoing efforts to provide institutional-grade protection for crypto holdings.