itBit’s Institutional Client Group now offers crypto asset custody services for institutions seeking to custody or sub-custody assets with a regulated NY State Trust Company.

• • Regulated Custodian — itBit is subject to strict regulatory oversight by the New York State Department of Financial Services. All fiat and digital customer assets deposited with itBit are backed by mandatory capital reserves as a regulated entity.

• • Asset Protection — 100% cold storage ensuring that your crypto assets remain secure and will be available to meet investor redemption and verification requirements. Custodied assets will never commingle with assets held in itBit trading accounts.

• • Verification & Reporting — Verify your custody account balance and holdings 24/7 with personalized access and receive regular and auditable consolidated reporting.

• Premium Support — Our relationship managers provide all custody clients with personalized service and support.

To learn more, contact us at [email protected].

Originally published at www.itbit.com.