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Standard Custody and Trust Company LLC Named Custodian for New Blockchain.com Asset Management (BCAM) Institutional Offering

SAN FRANCISCO, April 21, 2022--(BUSINESS WIRE)--Standard Custody & Trust Company, LLC, an institutional-grade custody and settlement platform for digital assets, today announced that it has been named the custodian for Blockchain.com’s and Altis Partner’s new institutional platform, Blockchain.com Asset Management (BCAM).

Blockchain.com recently shared the launch of Blockchain.com Asset Management, a new platform powered by one of the world’s leading crypto companies allowing investors to access the expertise of Altis Partners to manage their investments. BCAM will deliver a suite of institutional investment products, marrying the crypto trading infrastructure, research and security software services of Blockchain.com with the proven success of Altis Partners’ investment management.

"We’re thrilled to have been chosen for our best-in-class technology to partner with Blockchain.com," said Jack McDonald, CEO, PolySign, parent company of Standard Custody and Trust LLC. "Blockchain.com’s creation of this innovative platform highlights the growing demand among sophisticated institutions for digital assets. Furthermore, their decision to choose Standard Custody reinforces the importance of utilizing regulated, insured custodians that exceed the highest operational due diligence standards."

Standard Custody’s solution is highly-secure, regulated and insured. Led by a best-in-class team of cryptocurrency and financial services pioneers, Standard’s proprietary blockchain technology provides end-to-end encryption and distributed trust protocols for securing secret keys. The company’s New York trust charter from the New York State Department of Financial Services (NYDFS) cements Standard Custody as a leading qualified custodian, allowing more institutions to unlock the potential of holding digital assets with confidence.

"BCAM combines the very best of old world financial markets with the new world of crypto," said Charles McGarraugh, Altis Partners Chief Investment Officer. "The advent of distributed ledger technologies and crypto assets has the potential to change the structure of financial services and global capital markets while presenting new opportunities for investors. We are pleased to offer our risk management and operational expertise in this exciting sector to an even broader range of clients."

About Standard Custody & Trust Co

Standard Custody & Trust Company is an institutional-grade custody, trading and settlement platform for digital assets. Standard was founded and designed by leading technologists and innovators from pioneering cryptocurrency and distributed ledger technology companies blended with traditional capital markets expertise. A subsidiary of PolySign, Inc., Standard’s platform offers novel blockchain technology that provides end-to-end encryption and distributed trust protocols for securing secret keys. Standard’s integrated escrow trading platform enables investors to buy and sell digital assets directly from custody, eliminating the risk of external transfers and inefficient transactions between different providers. Standard embodies high standards for regulatory and compliance excellence, empowering financial institutions to leverage their digital asset positions with confidence in best-in-class security protocols. For more information, please visit standardcustody.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220421005305/en/


Sofia Coon