What Specific Custody Challenges Do Prime Brokers Address for Institutional Crypto Assets?

Prime brokers address the security and operational complexities of holding large volumes of crypto assets. They provide segregated, secure storage, often using cold storage solutions and multi-signature wallets to mitigate hacking risk.

They also manage the complexity of asset transfers, withdrawals, and integration with trading venues. This professionalized custody solution is essential for institutions needing regulatory compliance and insurance.