Amdax acquires strategic stake in Custodiex
03 July 2025 UK
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Amdax has acquired a strategic stake in UK-based Custodiex to enhance its digital asset custody infrastructure with quantum-safe cold storage technology designed for financial institutions.
The Netherlands-based digital asset service provider will integrate Custodiex's ISO 27001-certified custody solutions, which combine offline cold storage with cloud technology to provide secure storage while maintaining high-speed access capabilities. The technology is designed to accommodate future tokenisation of real-world assets and central bank digital currencies.
“Our strategic stake in Custodiex marks a significant step in our mission to provide financial institutions with a secure and reliable platform for their digital assets,” says Lucas Wensing, CEO at Amdax. “This advanced technology not only enhances our service offering but also raises the bar for security within the European crypto ecosystem.”
Custodiex's custody infrastructure will be gradually integrated into Amdax's platform over the coming months. The solution addresses growing institutional demand for scalable secure storage as digital assets gain relevance in banking and institutional transactions globally.
Mike Sumner, chief technology officer and co-founder at Custodiex, said the partnership builds on shared standards. “Together, we are building one of the most secure custody environments for digital assets in Europe,” he notes.
The technology meets stringent ISO 27001 security requirements critical for banks, governments, and financial institutions. Its quantum-computing readiness addresses future security challenges as the technology landscape evolves.
Amdax holds a Markets in Crypto-Assets Regulation licence as of 26 June and serves private, corporate, and institutional clients with custody, trading, staking, and asset management services. The acquisition strengthens its position in the European institutional custody market as regulatory frameworks mature across jurisdictions.
The Netherlands-based digital asset service provider will integrate Custodiex's ISO 27001-certified custody solutions, which combine offline cold storage with cloud technology to provide secure storage while maintaining high-speed access capabilities. The technology is designed to accommodate future tokenisation of real-world assets and central bank digital currencies.
“Our strategic stake in Custodiex marks a significant step in our mission to provide financial institutions with a secure and reliable platform for their digital assets,” says Lucas Wensing, CEO at Amdax. “This advanced technology not only enhances our service offering but also raises the bar for security within the European crypto ecosystem.”
Custodiex's custody infrastructure will be gradually integrated into Amdax's platform over the coming months. The solution addresses growing institutional demand for scalable secure storage as digital assets gain relevance in banking and institutional transactions globally.
Mike Sumner, chief technology officer and co-founder at Custodiex, said the partnership builds on shared standards. “Together, we are building one of the most secure custody environments for digital assets in Europe,” he notes.
The technology meets stringent ISO 27001 security requirements critical for banks, governments, and financial institutions. Its quantum-computing readiness addresses future security challenges as the technology landscape evolves.
Amdax holds a Markets in Crypto-Assets Regulation licence as of 26 June and serves private, corporate, and institutional clients with custody, trading, staking, and asset management services. The acquisition strengthens its position in the European institutional custody market as regulatory frameworks mature across jurisdictions.
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