Paribu Launches Global Crypto Custody Services for Institutions

Paribu Custody: A New Era for Digital Asset Management

Paribu, Türkiye's pioneering technology company in the crypto asset sector, has launched Paribu Custody, a service designed to provide secure digital asset custody and management to institutional clients globally. Since its inception in 2017, Paribu has served over 7 million users, making it a leading name in cryptocurrency trading and technology.

Advanced Security with ColdShield® Technology

Paribu Custody is equipped with a cutting-edge security architecture known as ColdShield®. This technology leverages Multi-Party Computation (MPC), Software Guard Extensions (SGX), and Hardware Security Module (HSM) technologies. By dividing customers' private keys into multiple fragments, stored in an isolated environment, it ensures no single entity can access the complete key, significantly enhancing security against potential breaches.

Flexible and Comprehensive Custody Solutions

The service allows institutions to manage their digital assets with customizable options such as cold, hot, and warm storage. Through APIs, processes are automatable, facilitating seamless staking operations without needing technical integration. The Paribu Custody mobile application provides comprehensive control over transactions, from initiation to final approval.

Ensuring Compliance and Reducing Risks

Paribu Custody emphasizes regulatory compliance, supporting robust Anti-Money Laundering and Anti-Terrorist Financing controls. With thorough Know Your Business (KYB) procedures, it ensures a secure operational environment for clients. This service enables banks, financial institutions, and startups to diversify and secure their crypto offerings while adhering to legal standards.

Future-Proofing Digital Asset Custody

Looking ahead, Paribu Custody aims to expand its services to include tokenized real-world assets like real estate and works of art, offering end-to-end corporate-level security. As a leader in blockchain innovation and security standards, Paribu continues to shape the future of digital asset management globally.