Digital asset custodian Onchain Custodian will open a Singapore office next week. The company will aim for the absolute safe for digital asset custody.
Singapore-based Onchain Custodian (ONC) will open its office at 20 Collyer Quay on the 22nd of January at the back of the Binance Blockchain main conference, the company said on Tueday.
ONC will test and pilot its platform in February and March before launching its services beginning of Q2, as finews.asia already reported in December 2018. The company's SAFE Digital Asset Custody Platform is flexibly built to meet the possible futures of digital asset custody.
It will support mainstream crypto currencies and tokens, and evolve swiftly to handle securities tokens as the regulation and industry develop. ONC’s objective is to secure and automate digital asset custody with interoperability and standardisation in mind, without relying on physical vaults.
Pain Point and Obstacle
«We are proud to work with Onchain and our investors on this ambitious project. We will use this technical and financial support to launch, promote and operate a future-proof, digital asset standard agnostic, automated and compliant custody platform,» Alexandre Kech, ONC’s CEO, said.
«The security of digital assets has always been a pain point for the blockchain industry, and an obstacle for traditional investment institutions to enter the space. As a leading blockchain company, Onchain has the obligation and vision to solve such problems,» Da Hongfei, founder and CEO of Onchain, said.
