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METACO
At this moment in time , the institutional world – and subsequently the custody world – are looking at digital assets as an integral asset class of the future . While you can debate the intricacies and barriers , few would deny that cryptocurrencies and tokenised digital assets will play a role in the future of the capital markets . Solving the custody conundrum around these digital assets is part of the key to unlocking this future and will provide the foundation for future growth . As METACO puts it : “ Digital assets are going mainstream , but individuals and institutions are still not equipped to manage this new asset class securely , at scale .” Subsequently we ’ ve seen a wave of incumbent custody banks move into the digital asset custody space over the past 12-24 months through dedicated units with senior ranking team members at the helm . For most , rather than go it alone , they have partnered with dedicated crypto fintechs like METACO . When considering which digital asset custodians to include , it was impossible to overlook METACO . Its bank-grade custody and orchestration platform , Harmonize , enables the safe storage , transfer , settlement and governance of any digital asset . METACO adds that this is underpinned “ by the most powerful and versatile policy engine for key management and governance ”. The platform was built in partnership with the largest tier one custodian banks globally , being trusted by leading institutions such as Citi , BNP Paribas , Societe Generale , BBVA , DBS , Zodia
ELEVATOR PITCH
METACO enables the world ’ s largest banks to capitalise on the digital asset economy .
Custody by Standard Chartered . METACO adds that it offers the highest standards of security and compliance required to operate in the regulated digital asset markets . This summer has been a big one for METACO as it signed a number of agreements with major custodians . In the space of a week in June both Citi and BNP Paribas Securities Services selected
METACO to develop their institutional digital asset custody capabilities , marking the first official forays into the digital asset space for the asset servicers . “ Regulated , established banks and financial institutions are moving in , investing in the secure infrastructure required to move this asset class into mainstream usage ,” METACO says to Global Custodian . “ The problem they must solve is how to manage the tradeoffs between security and agility ( Lose the key , you lost the asset . Lose the agility , you lost the business model viability ). Custody is the foundation to unlock any future market opportunity for . METACO provides orchestration software and infrastructure enabling complex , financial institutions to securely custody , trade , issue and manage digital assets .” As for what ’ s next , METACO believes that a material part of capital markets will move on-chain , between $ 350- $ 500 trillion of existing and new assets to be tokenised . With the securities services industry set to play a crucial role in helping this market mature , the robust , secure and flexible technology digital asset infrastructure is what ’ s missing , and METACO is aiming to become the de-facto digital asset core banking system of choice for the industry .
Notable partners and collaborators : Citi , BNP Paribas , Societe Generale , BBVA , DBS , Zodia Custody by Standard Chartered
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