How does blockchain help traditional banks streamline their processes? Fireblocks Head of APAC & Vice President, Product Strategy and Business Solutions, Stephen Richardson, explains. For large and complex organizations like banks, their legacy technology has many inefficiencies in the recognition and settlement of assets. But once you put an asset on the blockchain, you create a singular basis for identifying assets and a central point of visibility for the entire organization to manage how that asset interacts across multiple business lines.

Where is digital asset regulation headed, and how will it impact the industry? Fireblocks Head of APAC & Vice President, Product Strategy and Business Solutions, Stephen Richardson, gives his take.

What secure, enterprise-grade crypto storage solutions (wallets) currently exist on the market? Fireblocks' Head of APAC & Vice President, Product Strategy and Business Solutions, Stephen Richardson, explains. There are two types of enterprise-grade crypto storage solutions (wallets) exist in the market: Multisig wallets (ex: Bitgo, Coinbase, Gemini, Paxos) and MPC wallets (Ex: Unbound, SharpX, Fireblocks).

In 2022, many financial institutions across the globe are investing in digital assets. The crypto market now has a market cap of more than $2 trillion, and the number of crypto wallets has ballooned to 260 million. If your organization is looking to invest in the space – or already has – you may be wondering, “Do we need a ‘qualified cryptocurrency custodian’ to hold our digital asset investments?”