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Services that securely store cryptocurrency on behalf of institutional investors.
Definition
Services that securely store cryptocurrency on behalf of institutional investors. Companies like Coinbase Custody, BitGo, and Fireblocks hold billions in digital assets using cold storage, multi-sig, and insurance. Institutional adoption depends heavily on having regulated, insured custody options.
Related Terms
Holding your own private keys rather than trusting an exchange or service to hold them.
A cryptocurrency wallet that's not connected to the internet.
A wallet that requires multiple private keys to authorize transactions.
A scam where attackers send tiny transactions from addresses that look similar to ones you've interacted with, hoping you'll accidentally copy the wrong address from your transaction history.
The intersection of artificial intelligence and blockchain technology.
A marketing strategy where crypto projects distribute free tokens to wallet addresses.
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