• Latest
  • Trending
Paribu announces digital asset custody service for institutional clients worldwide

Paribu announces digital asset custody service for institutional clients worldwide

November 13, 2024
New Qwen VLo Model from Alibaba Pushes Boundaries of Multimodal AI

New Qwen VLo Model from Alibaba Pushes Boundaries of Multimodal AI

June 29, 2025
Solana Co-Founder Reacts to Polkadot’s Downfall

Solana Co-Founder Reacts to Polkadot’s Downfall

June 29, 2025
BTC Shrugs Off New Trump Tariff Threat as July Deadline Looms

BTC Shrugs Off New Trump Tariff Threat as July Deadline Looms

June 29, 2025
Aptos outperforms other coins in the top 50; here’s why

Aptos outperforms other coins in the top 50; here’s why

June 29, 2025
DeepSeek Preps AI for Hospitals With Human-Labeled Medical Data

Germany Flags DeepSeek as Illegal, Pressures Apple and Google Over Data Concerns

June 29, 2025
XRP Price Skyrockets 6% as New Era Arrives

XRP Price Skyrockets 6% as New Era Arrives

June 29, 2025
Bitcoin Treasury Corp Boosts Holdings to 771 BTC, Plans Lending After Fresh $51M Buy

Bitcoin Treasury Corp Boosts Holdings to 771 BTC, Plans Lending After Fresh $51M Buy

June 29, 2025
Genius Group to split $1B lawsuit proceeds between shareholders and its Bitcoin treasury

Genius Group to split $1B lawsuit proceeds between shareholders and its Bitcoin treasury

June 29, 2025
Dogecoin Silent Build-Up: Double Bottom Hints At Explosive Move To $0.47

Dogecoin Silent Build-Up: Double Bottom Hints At Explosive Move To $0.47

June 29, 2025
  • Privacy Policy
Sunday, June 29, 2025
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Logo
No Result
View All Result
Home Crypto Technical Analysis

Paribu announces digital asset custody service for institutional clients worldwide

J_News by J_News
November 13, 2024
in Crypto Technical Analysis, Top News
0
Paribu announces digital asset custody service for institutional clients worldwide
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Paribu, Türkiye’s pioneering technology company in the crypto asset sector, has announced its new service, Paribu Custody, providing digital asset custody and management for institutional clients globally.

Related articles

New Qwen VLo Model from Alibaba Pushes Boundaries of Multimodal AI

New Qwen VLo Model from Alibaba Pushes Boundaries of Multimodal AI

June 29, 2025
Solana Co-Founder Reacts to Polkadot’s Downfall

Solana Co-Founder Reacts to Polkadot’s Downfall

June 29, 2025

 

With independent wallets and a secure, end-to-end infrastructure, Paribu Custody will serve a wide range of organisations—including banks, financial institutions, cryptocurrency exchanges, decentralised finance entities, and blockchain-focused startups—seeking to securely store and self-manage their digital assets.

 

Unique custody infrastructure

 

Founded in 2017, Paribu provides fast, easy, and secure cryptocurrency trading services to its 7 million users and operates a registered custody company in Türkiye alongside its crypto asset trading platform. With Paribu Custody, it now offers digital asset custody services to institutional clients worldwide.

 

Cem Sağlam, Institutional Sales and Business Development Manager at Paribu, commented, “Developed by Paribu’s skilled engineers and software team, our service sets the standard for digital asset custody security in Türkiye, making Paribu unmatched in the field. Our proprietary ColdShield® technology positions Paribu Custody ahead of global competitors.”

 

Absolute security with multi-layered security architecture

 

Paribu’s ColdShield® technology, integrating MPC (Multi-Party Computation), SGX (Software Guard Extensions), and HSM (Hardware Security Module) technologies, divides customers’ private keys into multiple fragments and securely distributes them to separate parties. These distributed key parts are stored in a fully isolated environment, ensuring that no individual or organisation can access the complete private key.

 

With a multi-layered security architecture, ColdShield® technology prevents private key fragments from being reassembled, even during transfer. This design enables each party to generate partial signatures independently, eliminating single point of failure (SPoF) risks and providing clients with the highest level of asset security.

 

Cem Sağlam highlights that Paribu Custody, advancing even global standards, offers the ability to separate wallets into primary and proxy wallets, meeting diverse asset storage needs with options for cold, hot, and warm storage.

 

All platform processes are automatable via APIs. Additionally, the staking service enables organisations to conduct staking operations for crypto assets seamlessly, without requiring technical integration. Every process can be managed through the Paribu Custody mobile application, providing full control over each step—from transaction initiation to final signature approval.

 

Enables full regulatory compliance and reduces operational risk

 

Paribu Custody enables organisations to streamline Anti-Money Laundering and Anti-Terrorist Financing compliance controls through a single interface, supporting robust regulatory compliance processes. Comprehensive KYB (Know Your Business) procedures are conducted for all clients, ensuring adherence to legal standards and fostering a secure operational environment.

 

Banks and financial institutions can diversify their crypto asset offerings by leveraging Paribu Custody’s secure digital asset management solutions. Cryptocurrency trading platforms benefit from secure, compliant storage for client funds, while DeFi organisations can enhance asset security and reduce smart contract risks. Blockchain startups, meanwhile, can mitigate operational risks and ensure regulatory compliance through the secure storage of investor assets.

 

Paribu Custody is designed to securely store digital assets for today’s needs. Looking to the future, it is being developed to securely manage tokenised real-world assets (RWA) such as real estate, negotiable instruments, official documents, event tickets, and works of art, providing end-to-end corporate-level security.

 

Cem Sağlam concluded: “Paribu, the developer of Türkiye’s first independent blockchain project and the current setter of security standards in crypto asset custody, will continue to build the world of tomorrow.”

 

More information is available at www.paribu.com/custody.

 

This press release was originally published on this site





Source link

ShareTweetShareShare

Related Posts

New Qwen VLo Model from Alibaba Pushes Boundaries of Multimodal AI

New Qwen VLo Model from Alibaba Pushes Boundaries of Multimodal AI

by J_News
June 29, 2025
0

TLDRs; Alibaba debuts Qwen VLo, a multimodal AI model built for advanced image generation and editing. The model uses a...

Solana Co-Founder Reacts to Polkadot’s Downfall

Solana Co-Founder Reacts to Polkadot’s Downfall

by J_News
June 29, 2025
0

In a recent social media post, Solana co-founder Anatoly Yakovenko has praised Polkadot, one of the key Ethereum competitors, amid...

BTC Shrugs Off New Trump Tariff Threat as July Deadline Looms

BTC Shrugs Off New Trump Tariff Threat as July Deadline Looms

by J_News
June 29, 2025
0

The crypto markets experienced a relatively calm day on Friday in spite of a renewal of the threat of tariffs.Bitcoin...

Aptos outperforms other coins in the top 50; here’s why

Aptos outperforms other coins in the top 50; here’s why

by J_News
June 29, 2025
0

Key takeaways APT is the best performer among the top 50 cryptocurrencies by market cap, up 7% in the last...

DeepSeek Preps AI for Hospitals With Human-Labeled Medical Data

Germany Flags DeepSeek as Illegal, Pressures Apple and Google Over Data Concerns

by J_News
June 29, 2025
0

TLDRs: Germany declares DeepSeek illegal, citing user data risks under Chinese law. Apple and Google face pressure under EU’s Digital...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

Top 10 NFTs to Watch in 2025 for High-Return Investments

Top 10 NFT Games with the Biggest Earning Potential in 2025

8 Top Crypto Fundraising Ideas Best for Startups

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog