Digivault, the digital asset custody provider, is set to join Polymath Service Provider Marketplace where security token issuers can connect with integrated providers including custody providers.
Digivault said this will enable it to broaden its reach into a “burgeoning community of ecosystem participants while offering Polymath users the opportunity to utilise Digivault’s simple and transparent custody services”.
Meanwhile, Polymath provides organisations and issuers with the opportunity to create and manage a range of security tokens with ease and transparency, utilising its smart contracts and its self-serve platform.
Digivault noted that the collaboration Polymath is an important stepping stone in the ascendance of the digital asset class.
According to Digivault, this will expand the security infrastructure offerings for tokenised assets investors in the Polymath ecosystem while providing greater transparency for all users.
Robert Cooper, CEO of Digivault, said: "Polymath has been driving industry-wide security token adoption. We are excited to announce this collaboration, which means users will now have access to unparalleled security assurance via Digivault’s custody offering.”
Graeme Moore, head of tokenisation at Polymath added: “Digivault’s custody service is built from its foundation to be secure, driven by risk assessments and not relying on secrecy for security. At Polymath, we share this commitment to transparency and security, and it is brilliant to have Digivault join the strong network of providers that we have built.”
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