Archax to launch digital asset custody service

Archax, the forthcoming London-based, institutional, digital securities exchange, has announced it will be launching its own digital asset custody service in partnership with Unbound Tech, who are backed by forward-thinking strategic investors, including Goldman Sachs and Citi Ventures.

July, 2019

Graham Rodford
Graham Rodford

Archax, the forthcoming London-based, institutional, digital securities exchange, has announced it will be launching its own digital asset custody service in partnership with Unbound Tech, who are backed by forward-thinking strategic investors, including Goldman Sachs and Citi Ventures.

Unbound protects data, such as cryptographic keys, credentials or private information, by ensuring it never exists in complete form.

Graham Rodford, CEO of Archax, comments: “As a digital asset exchange targeted at institutions, it was vital that we could offer the very best and most secure solution for storing clients’ wallets and keys. Unlike most crypto venues, our custody service is totally segregated from the Archax exchange, and this, coupled with the unrivalled capabilities of Unbound’s technology, means we can offer exactly what institutions need. We did an extensive evaluation of the custody partners that were suitable for us and Unbound met all our requirements and more.”