Definition ∞ A trust company is a financial institution that acts as a fiduciary, holding and managing assets for individuals, corporations, or other entities. These companies provide services such as estate planning, asset management, and corporate trustee functions. They operate under specific regulatory frameworks, emphasizing their duty to act in the best interests of their clients. Trust companies offer specialized custodial and administrative services.
Context ∞ In the digital asset space, crypto news often features trust companies as crucial intermediaries providing secure custody and management solutions for cryptocurrencies and other digital assets. These regulated entities offer institutional-grade security and compliance, appealing to large investors and traditional financial firms seeking exposure to crypto. Their role is central to bridging the gap between conventional finance and the decentralized economy.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
