Aegis Custody has launched a digital custody solution for institutional investors.
As part of its launch, Aegis Custody has also partnered with Eliconn, a subsidiary of FoxConn Technology Group, a computer electronics manufacturer and supplier for Apple.
The new Aegis Custody product is designed to provide a solution to institutions who have been reluctant to enter the digital asset market due to concerns around security.
According to Aegis Custody, its solution will allow transactions to move more swiftly and securely for exchanges, banks, asset management funds, managed solutions and self-custody solutions?.
Jack Huang, COO of Eliconn, said: ”FoxConn sees tremendous value in securing digital assets and the proprietary systems that Aegis Custody has put in place will no doubt make them a market leader.”
He added: “Our new Elicoon division will focus on using the product for payments, supply chain management, and agricultural services. Enabling digital assets across our enterprise will facilitate quicker, lower cost payments”
Serra Wei, founder of Aegis Custody, commented: “In 2018, over $2 billion in digital assets were stolen. Aegis Custody is going to secure your assets and allow for more trust and confidence in managing your cryptocurrency and is the much-needed bridge and security required by institutions to confidently enter the market for digital currency and storage.”
She added: “We are proud to contribute to the exponential growth that is going to result from the much awaited institutional entry into the digital custody solution market in 2019.”
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