Insights

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.

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.