Digital Asset Custody Company Announces Liquidity Partners

Access to liquidity from several partners will aid institutional customer trading and price discovery



SECAUCUS, N.J. - March 25, 2019 - (Newswire.com)

​​Digital Asset Custody Company, a leading digital asset custody solution purpose-built for institutional investors and token issuers, today announced partnerships with four industry-leading liquidity providers. DACC customers are now able to access pools of liquidity and prices from some of the leading OTC desks around the globe, including Cumberland, GSR Markets, JST Capital LLC and Trigon X.

The partnerships allow DACC customers to keep their assets secure in cold storage while sourcing liquidity across a wide range of crypto assets from top providers. Integrations and partnerships between OTC desks and custody solutions are a step toward institutionalization for the digital asset investment community. DACC will provide clients connectivity to these pools of liquidity via integration in the DACC customer portal, offering streamlined access to prices and liquidity. DACC has experience facilitating peer-to-peer transactions with its previously announced escrow offering; OTC transactions build on those capabilities utilizing the same infrastructure and similar workflows.

“We are excited to offer a service that allows our customers to connect to OTC trading desks and their pools of liquidity. Large peer-to-peer transactions are an important capability for our clients,” said Doug Schwenk, co-founder and chairman of Digital Asset Custody Company. “We’re proud to offer this important product innovation to our institutional customers.”

“As a firm that has been active in these markets since the early days, we understand the critical need for secure custodial services to help pave the way for further adoption in the space,” said Jason Leung, global head of Cumberland. “We are proud to provide our principal liquidity services to firms like DACC that offer solid solutions for market participants and make the ecosystem more attractive to institutional investors.”

About Digital Asset Custody Company

Digital Asset Custody Company, or DACC, is a purpose-built custodian to safeguard digital assets for institutions. DACC's custody service was built from the ground up to secure digital assets on behalf of institutional customers. With its proprietary Enclave wallet technology, DACC can custody over 100 cryptocurrencies and 14 blockchains, rapidly and securely egress digital assets from air-gapped cold storage and provide clients with 24/7 physical and digital security to safeguard their assets. DACC's senior management team is comprised of serial fintech entrepreneurs, institutional trading and prime brokerage veterans, and hedge fund and government agency security experts, which provides the required experience and expertise to build extensive and secure technology and compliance systems for its customers.

For additional information, please visit https://digitalassetcustody.com/.

Contact:
John Conneely
VP of Institutional Sales & Partnerships
​Digital Asset Custody Company
info@digitalassetcustody.com
+1 201-479-3227




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