What Different Solutions Mean for Investors and Businesses

As cryptocurrency becomes more integrated into the financial landscape, the issue of custody—how individuals and organizations should manage their assets—has gained significant attention. This heightened focus comes in the wake of the fallout from several major centralized platforms last year, such as FTX and Gemini, which led to many investors losing their crypto holdings.

The fundamental principle of cryptocurrency is decentralization and ownership. By eliminating third parties, individuals gain direct control over their funds. This model removes the need to rely on intermediaries, like banks or other centralized financial institutions, for the management of assets.