Insights

August 2024 was a milestone month for Rakkar Digital, with recognition at the Asia Fintech Awards, the launch of a new partnership with WaanX, and successful collaboration with OKX at Coinfest Asia. As the Thai SEC introduces its Digital Asset Regulatory Sandbox, we're excited to continue driving innovation in the digital asset space.

Rakkar Digital partners Kiln to enhance institutional capital efficiency with the newly integrated direct-from-custody ETH staking solutions provided by Kiln.

In this exclusive interview, Atthakrit Chimplapibul, Co-Founder and CEO of Bitkub, discusses the exchange's rise to becoming Thailand's largest digital asset platform, the strategic partnership with Rakkar, and the future of digital assets in an evolving regulatory landscape.

Waan Exchange, a cryptocurrency exchange and broker licensed by the Thailand SEC, names Singapore-based qualified custodian, Rakkar, for safeguarding of its digital assets.

Rakkar's security certifications, including ISO 27001 and SOC 1 & 2 attestations, demonstrate our commitment to safeguarding digital assets with the highest standards of security, compliance, and operational excellence. Our advanced technologies and customizable policies ensure that institutional clients' assets are securely managed with transparency and integrity.

Rakkar, Asia's leading digital asset custodian, has partnered with Figment to offer institutional clients enhanced staking capabilities directly from custody, ensuring top-tier security and seamless access to both liquid and protocol staking options. This collaboration underscores Rakkar's commitment to providing secure, innovative, and efficient digital asset management solutions.

Discover how institutional staking can enhance your digital asset strategy. Learn about the benefits, process, and how Rakkar Digital’s secure and compliant solutions lead the way in this evolving landscape.

July 2024 has been a remarkable month for the digital asset market and Rakkar. From groundbreaking developments like spot Ethereum ETFs and GoldmanSachs’ blockchain-based bond issuance to our own significant milestones, we’re excited to share our journey with you.

Gemini and Rakkar will combine their expertise in market accessibility and asset security to empower institutional adoption across Asia.

In this exclusive interview, Zhang shares his journey in digital assets, the inception of DigiFT, and his ambitious vision for the future.

Bitkub Exchange, Thailand’s largest digital asset exchange, names Rakkar Digital as the official digital asset custodian in pursuit of security and operational excellence, further solidifying its position as the trusted exchange for its customers.

Rakkar’s digital asset custody platform ensures transparent, secure, and convenient transaction management. Key features include detailed transaction clarity, blockchain visibility, status updates, and traceable activity logs. Institutional clients benefit from flexible transaction execution and enhanced governance, fostering trust and seamless digital asset management.

Singapore-based qualified digital asset custodian, Rakkar, has successfully completed the SOC 1 Type 1 audit, reaffirming its commitment to security excellence and regulatory compliance as a leader in the digital asset custody space in Asia.

June 2024 marked significant progress in the digital asset market, with Franklin Templeton's blockchain expansion, State Street's new ETFs, and HSBC's investment in Marketnode showcasing increased institutional adoption. Rakkar Digital announced a strategic partnership with DigiFT and hosted a successful VIP dinner with Figment, enhancing our collaborative efforts in the digital asset space.

Rakkar partners DigiFT to drive institutional growth in tokenized real-world assets and secure custodianship, advancing the convergence of traditional and digital finance.

In today’s digital landscape, robust security is crucial to prevent significant losses. As a qualified digital asset custodian, Rakkar offers a seamless and efficient solution to mitigate risks associated with human error and unauthorized access. Our platform supports error-free deposits, trusted withdrawals, and optimized asset rebalancing, all accessible 24/7.

Investors are faced with a critical decision on digital asset custody: whether to self-custody their digital assets or entrust their assets to a qualified digital asset custodian; or both.

May 2024 has been a landmark yet turbulent month for Ethereum and the broader cryptocurrency market. The approval of eight spots for ETH Exchange-Traded Funds by the U.S. Securities and Exchange Commission (SEC) is a historic event that holds promise for future institutional adoption and market growth—Grayscale, Bitwise, BlackRock, Fidelity, VanEck, Ark/21Shares, Franklin Templeton, and Invesco Galaxy.

Rakkar has launched a new brand identity featuring a redesigned logo, updated color scheme, and a user-friendly website to reflect their commitment to security, innovation, and excellence in serving their client. This rebranding aligns with Rakkar's evolving services and dynamic industry needs, showcasing its dedication to being at the forefront of the digital asset industry.

Rakkar Digital joins the Figment network as a leading APAC qualified custodian to expand its service offerings for institutional clients in the region to access integrated staking opportunities across major digital assets such as ETH, ADA, and ATOM.

Crypto custodians ensure the security of digital assets by using advanced encryption, multi-factor authentication, and a combination of cold and warm wallets. They also adhere to rigorous compliance standards, providing a secure and reliable platform for asset management.

Thai Digital Assets Exchange (TDX), a subsidiary of the Stock Exchange of Thailand (SET) selects Rakkar Digital as its digital asset custodian to fulfil compliance and asset security requirements.

As I look back on April 2024, I'm filled with excitement about the positive momentum and dynamic developments that characterized the month. In a landscape characterized by rapid digital transformation and evolving financial paradigms, the past month has been particularly eventful.

The financial landscape is undergoing a significant transformation fuelled by the surging adoption of digital assets like cryptocurrencies. This presents a critical question for investors: how should institutions securely store and safeguard their valuable digital assets?

As we step into March 2024, the digital asset landscape continues to evolve at a remarkable pace, presenting us with both opportunities and challenges.

In the ever-evolving landscape of digital assets, having a reliable digital asset custodian is the foundation and a key partner for institutions to navigate this space. This is why understanding the role and significance of crypto custodians is crucial. Let’s explore everything you need to know about digital asset custodians, focusing on the must-have qualities such as security, agility, and compliance with regulatory standards.

Maxbit, a licensed digital asset brokerage and joint venture of SET-listed PTG Energy, has officially appointed Rakkar Digital, Asia's leading qualified digital asset custodian, to meet compliance obligations and enhance asset security of its digital asset operations.

As we navigate the dynamic world of digital assets in February 2024, I’m writing to share my thoughts on the current market landscape and what lies ahead for Rakkar Digital, Asia’s leading qualified digital assets custodian.

My name is Minh Tran, and I am the Group Head of Product at Rakkar Digital, Asia’s leading qualified digital asset custodian for enterprises and institutions. I embarked on my journey in product management quite a long time ago, with a background deeply rooted in product development in finance and technology industries.

Qualified Digital Asset Custodian Rakkar Digital has completed a comprehensive compliance audit as part of its commitment to security excellence within the digital asset custody space.

As institutional engagement in digital assets continues to ascend, digital asset custody has emerged as a pivotal area of focus. This surge in institutional adoption is underscored by significant milestones, such as the recent approvals of Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC), marking a watershed moment in the legitimization and integration of digital assets within traditional financial frameworks.

2024 started with a notable development with the Bitcoin ETF approval, as many would agree.

Rakkar Digital joins Ondo Ecosystem alongside major industry players such as Blackrock and Morgan Stanley, as the sole qualified custodian in APAC to support all of Ondo Finance’s institutional-grade tokenized cash-equivalents.

Dive into the future of tokenized real-world assets (RWAs) with OpenEden's Co-Founder, Eugene Ng.

2023 was a year of momentum for Rakkar Digital as a leading qualified digital asset custodian for Institutions. We navigated the volatile world of digital assets with an unwavering commitment to trust and security by prioritizing a security-first approach to safeguarding institutional assets. Here are some of our highlights for 2023 and what we expect in the year ahead.

As we approach 2024, the digital asset custody space is witnessing transformative shifts. Regulatory bodies are crafting robust frameworks and licensing regimes, leading to a surge in qualified third-party custodians with stringent asset security frameworks.

Rakkar Digital, Asia's leading qualified digital asset custodian, has been selected by InnovestX, leading securities company in Thailand with comprehensive asset services, to enhance digital asset custody capabilities by providing compliant and security-first solutions and swift handling of new coin listings for institutional clients

In today’s ever-evolving financial landscape, the rise of digital assets marks a significant turning point in custody practices. The traditional understanding of asset custody is undergoing a radical change with the emergence of digital assets powered by blockchain technology.

Rakkar Digital sponsored the Singapore FinTech Festival 2023 from 15 – 17 November 2023. The event was an extraordinary convergence of minds, innovations, and insights. Our engagement at this premier event was an opportunity to not only showcase our commitment to security-first custodian solutions but also to immerse ourselves in the forefront of fintech advancements.

Institutional investors will now be able to access TBILL via Rakkar Digital’s bank-grade custodian platform and earn yield within a secure environment.

In recent years, the world of finance and investment has witnessed a profound development in the emergence of tokenization in the digital landscape. As per a study conducted by the Boston Consulting Group (BCG), the tokenization of alternative assets is anticipated to revolutionize investment accessibility, potentially evolving into a substantial $16 trillion industry by the year 2030.

We are delighted to share a significant achievement that we have received ISO/IEC 27001:2022 certification.

As a proud Gold Sponsors, we were thrilled to be a part of this leading cryptocurrency and blockchain event that brought together enthusiasts, experts, and innovators from around the world. Our journey at TOKEN2049 was thrilling ride filled with valuable insights and meaningful connections.

Why do we need to choose the right digital assets custodian? Choosing the right digital assets custodian is crucial because it ensures the secure storage and protection of your digital assets. In the digital world, where the risk of hacks and theft is prevalent, entrusting your assets to a reliable custodian reduces the likelihood of unauthorized access or loss. This guide provides key factors to consider when selecting a digital assets custodian.

Hello, I'm Pasit Chaijirapaisarn (Bank), the Head of Operations at Rakkar Digital. With several years of experience in the digital assets space, both professionally and personally, I am deeply passionate about utilizing blockchain technology to address challenges faced by institutional clients.

We are thrilled to share that we have obtained SOC 2 Type 1 attestation, an evidence report based on the American Institute of Certified Public Accountants’ (AICPA) Trust Services Criteria which focuses on security, availability, processing integrity, confidentiality, and/or privacy.

Qualified digital asset custodians' responsibility is to ensure the safety of digital assets as they are vulnerable to various risks, such as hacking, theft, or system failure. To mitigate these risks, it is important to eliminate any Single Point of Failure (SPOF) in product development and operational processes.

My name is Arthit Sriumporn and I am the founder and CEO of Rakkar Digital, a qualified digital asset custodian for enterprises and institutions. I am an engineer by taught. I enjoy building products and businesses that resolve customer pain points and make their lives better.

We are thrilled to introduce our Rakkar Digital Asset Custody platform – the trusted solution for digital assets storage and management, designed especially for enterprises and institutions.

Demand for a strong security is rising as the digital asset industry is growing and becoming more vulnerable to cyber threats. This is where qualified digital asset custodians become predominant by providing high-level secure storage and management of digital assets on behalf of their clients.

As interests in digital assets continue to grow, there is a greater need for the secure storage of these assets. This has led to the emergence of qualified digital asset custody which has become an important aspect of the digital asset market. A qualified digital asset custodian offers a service that utilizes specialized technology to store the private keys associated with digital assets to ensure the highest level of safeguards against theft or loss.

My name is Thomas Kung. I was born in Hong Kong and recently moved to Singapore to explore this vibrant market. With my hybrid academic background in technology and law, I have a massive interest in understanding and tackling real world security and compliance problems in the digital assets industry.

The year 2022 will go down in history as a time of chaos for everyone. The economic downturn and the collapse of digital asset giants have dealt a blow to the industry, customers, practitioners, and the world. The Terra and FTX incidents caused people to lose their entire retirement savings and made it difficult to withdraw their funds when the lenders went bankrupt.

We are delighted to announce that we have successfully been granted a Trust or Company Service Provider (TCSP) License in Hong Kong.