Prosegur Crypto: Revolutionizing Digital Asset Custody for Institutions

Prosegur Crypto: Revolutionizing Digital Asset Custody for Institutions

Prosegur, a global leader in physical security, has unveiled Prosegur Crypto, a comprehensive digital asset custody and management solution tailored for institutional clients. This groundbreaking service integrates state-of-the-art cryptographic security with Prosegur’s world-class physical protection capabilities, providing an unparalleled level of security for digital assets such as cryptocurrencies.

Prosegur Crypto is designed to address the critical need for secure, reliable custody solutions in an era of rising cyberattacks on blockchain-based assets.

Comprehensive and Secure Custody for Digital Assets

Prosegur Crypto offers institutions the ability to securely store and manage digital assets through a mobile application. The service is particularly suited for entities such as:

• Financial Institutions
• Government Agencies
• Investment Funds and Managers
• Family Offices
• Cryptocurrency Exchanges

The platform combines physical and cryptographic security measures, ensuring digital assets are protected at every layer. Key features include:

1. Offline Key Storage: Private keys are stored in Prosegur’s physical infrastructure, isolated from the internet, ensuring maximum security.
2. Military-Grade Encryption: A sophisticated cryptographic security layer guards digital assets against cyber threats.
3. Secure Blockchain Transactions: Institutions can send transactions to the blockchain without direct internet connectivity, minimizing exposure to cyberattacks.

Addressing a Growing Need in the Market

The rise of institutional involvement in cryptocurrency has been accompanied by an increase in blockchain-related cyberattacks. Between 2018 and 2019, losses from these attacks soared from $1 billion to $4.6 billion, emphasizing the critical need for robust custody solutions.

Raimundo Castilla, CEO of Prosegur Crypto, highlighted the urgency of the platform’s launch:

“Our platform meets a real and urgent need that exists in the market today. With this unique proposal, we offer a comprehensive and reliable custody solution with the level of protection and demand required by companies and institutions.”

By addressing these vulnerabilities, Prosegur Crypto positions itself as a trusted partner for institutional investors.

What Sets Prosegur Crypto Apart?

Prosegur Crypto stands out from other custody solutions by combining:

• Prosegur’s Physical Security Expertise: Leveraging decades of experience in safeguarding high-value assets, Prosegur ensures private keys are stored in secure, offline facilities.
• Advanced Cryptographic Technologies: Military-grade encryption and logical security layers add an extra level of protection.
• Comprehensive Insurance: Prosegur offers one of the broadest insurance policies in the digital asset market, providing peace of mind to its clients.

These features make Prosegur Crypto one of the safest and most complete custody solutions available, addressing the needs of institutions that demand the highest levels of security.

Targeting Institutions in a Growing Industry

As cryptocurrency adoption accelerates, the need for institutional-grade security becomes more pressing. Financial institutions, family offices, and exchanges require secure, scalable solutions to manage their growing portfolios of digital assets.

Prosegur Crypto not only provides custody services but also enables secure management of assets, including:

• Cold Storage Solutions
• Blockchain Transaction Execution
• Customized Asset Management Services

These capabilities ensure institutions can operate in the cryptocurrency market with confidence, knowing their assets are protected against even the most sophisticated cyber threats.

Prosegur: A First-Mover in Digital Asset Custody

Prosegur’s entry into the digital asset market marks a significant milestone for the security industry. As the first global security company to offer a comprehensive custody model, Prosegur is setting new standards for institutional-grade asset protection.

By combining its expertise in physical security with cutting-edge cryptographic solutions, Prosegur is positioned to lead the digital custody market. Castilla emphasized this ambition:

“Few institutional custodians are able to provide an adequate level of protection. Prosegur Crypto aims to lead this market as the safest and most reliable partner for institutional investors.”

Conclusion

Prosegur Crypto is a game-changer in the digital asset industry, offering institutions a secure and comprehensive custody solution. With its advanced security measures, offline key storage, and insurance coverage, the platform addresses the critical vulnerabilities faced by institutional investors.

As cyber threats continue to escalate, Prosegur Crypto sets a new benchmark for safety and reliability in the digital asset custody market. Its launch solidifies Prosegur’s position as a pioneer in blending traditional security expertise with blockchain innovation.

To learn more about the innovative startups shaping the future of the crypto industry, explore our article on the latest news, where we delve into the most promising ventures and their potential to disrupt traditional industries.