Custodian
IntermediateA custodian in crypto is a service that securely stores digital assets on behalf of users or institutions. Custodians utilise hot and cold wallets and adhere to strict security measures to protect against theft. Custodians are essential for institutional investors, often meeting regulatory standards. They may be independent or part of exchanges. Decentralised custody solutions are also emerging, allowing users to manage their assets with more control. Whether centralised or decentralised, custodians play a key role in handling cryptocurrencies safely.
