April 8, 2023

Introducing Rakkar Custody for Institutions

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.
Introducing Rakkar Custody for Institutions

In today's evolving landscape of digital assets, it has become more important than ever to have a reliable and secure solution to safeguard your investments, whether you hold your own keys through self-custody or delegate them to a qualified custodian like Rakkar Digital. With Rakkar Digital Asset Custody platform, we provide the highest level of security and governance, giving you peace of mind knowing your digital assets are safe and easily accessible.  

Secure

We put security and privacy at the center of all our experiences to safeguard your digital assets from cyber-attacks, loss, and human errors.  

We utilize state-of-the-art MPC-CMP technology to decentralize the private key so that no single party ever has access to the complete key, which means that if one party is compromised, the entire key is not compromised – mitigating the risk of a single point of failure.  

With multi-factor authentication and password-less authentication to secure user account from unauthorized access, customers can assure that all important operations in our platform are authenticated for additional layers of protection, while their users can enjoy a more seamless and convenient experience as they do not need to remember or enter a password.  

Trust

We build trust by providing clear, concise, and consistent information throughout the user experience and apply the highest level of governance such as:

Transparency

Assets are stored in segregated vaults and never commingled with other customers’ funds. This provides greater transparency, and customers can easily prove ownership of the assets held in our custody.

Control

Our highly customizable policy engine allows customers to configure account and vault level policies to meet requirements for governance and security. You have full control over who can access each vault and the quorum approval policies for your key operations.  

Integrity

Customers can be confident that funds cannot be transferred out of your wallets without your quorum approval and can only be sent to pre-screened whitelisted addresses or rebalanced amongst your vaults.

Compliance

Each transaction is thoroughly screened using top market Know Your Transaction (KYT) practice. KYT blocks suspicious deposits coming into your wallets and prevents funds from being transferred to high-risk addresses, helping organization stay compliant and secure in inbound and outbound transactions.

Accountability

For comprehensive traceability, we offer detailed records of activities and transactions from creation to approval, rejection, cancellation, or failure. This can help increase accountability within organization.

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Authentic

Authenticity is a crucial aspect of our Rakkar Digital Asset Custody platform. We understand that trust is earned, and we work hard to build it with our customers. Our team is comprised of experienced professionals who understand the complexities of the digital assets industry and provide the highest level of service to our customers. Our platform is also backed by industry-leading security measures and governance protocols, which are regularly audited by independent third-party firms. We take our responsibility to protect our customers' digital assets seriously, and our commitment to authenticity is reflected in everything we do.

We provide seamless access to more than 1,000 tokens across over 40 blockchain protocols, to offering services in both Cold storage and Warm storage, our aim is to make custody as accessible and convenient as possible without compromising security. Rakkar Digital Asset Custody platform is available on both mobile and web, with 24/7 support service and fast signing SLAs, enabling our customers to access their funds anytime and anywhere.

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How can Rakkar Digital help your business?

We are committed to supporting our customers to seize the opportunities in this exciting space where technology is evolving rapidly, regulatory compliance is beginning to take shape, security against internal and external threats is crucial as digital footprint grows. Whether you are exchanges, fund managers, brokers, banks, or other organizations, we can help to ensure that your digital assets are secure and allow you to focus on your core business.

Book a demo with us to learn more about our solution and to see how we can help safeguard your digital assets.

About Rakkar

Rakkar stands as Asia's leading qualified digital asset custodian, offering unparalleled asset security to financial institutions. Fortified by our strategic backing from SCB 10X, the investment arm of the Siam Commercial Bank, Rakkar Digital helms the industry’s leading bank-calibre security measures and compliance frameworks. Founded in 2022 and belting esteemed security excellence certifications such as ISO 27001 and SOC 2 Type 1 and Type 2, Rakkar Digital remains unwavering in its mission to offer the most secure, institutional-grade custodian services across Asia.

Disclaimer: Digital assets involve risks; investors should complete independent due diligence and research to carefully make investments according to their own risk profile.
Details
Date
May 27, 2024
Category
Product
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