June 22, 2023 10:00 am EST

Your New Crypto Custody Roadmap

In this webinar we discuss the various considerations of security standards, compliance frameworks, and success teams to keep in mind when choosing a method of custody.

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In the fragmented and turbulent U.S. crypto sector, it can be hard to even know the right questions to ask in order to pick the right custody solution for your asset management needs. But don’t worry, sFOX has you covered.

In this webinar we talk about:

Bankruptcy Protection vs. Segregated Wallets
Asset Entitlement in Custody
Asset Entitlement in the Event of Bankruptcy

Highlights

Discover the pros and cons of cold vs. hot storage methods as Dimitry Chesnokkov, sFOX’s Client Success Manager, highlights the vulnerability of online wallets to hacking and the slower transaction process of cold storage. He introduces sFOX SAFE’s real-time cold offering, seamlessly integrating trading and custody while maintaining segregated wallets for added security against bankruptcy.

Daniel Hinton, sFOX’s Head of Operations, elaborates on the uniqueness of SAFE’s protection, boasting regulatory compliance, integration of trading services, and catering to diverse business types. Qualified Custodians, like sFOX, possess legal authority to hold customer assets, adhering to regulatory requirements and employing multi-faceted security measures.

The discussion concludes with insights into upgrading to sFOX SAFE, ensuring clients experience a seamless transition with added features. The responsibility of managing cryptographic keys remains with sFOX, as clients are facilitated by streamlined workflow automation for enhanced security and convenience.

Timestamps

Can you explain the pros and cons of cold vs. hot storage as well as other methods traders may use? 2:00

Can you break down what that actually means and how SAFE is providing that protection? 6:24

How is SAFE’s protection different from that of other custodians? 11:03

A term being used throughout the industry right now is “qualified custodian.” Daniel, can you explain what that means? 13:30

What assets can a trader custody with Safe Trust? 17:00

Dimitri, can you break down the layers of security through the platform? 19:16

What insurance is provided to clients through SAFE? 22:55

Is the Safe Trust Company a bank? 26:06

Am I eligible for sFOX SAFE no matter where I live? 27:41

How does sFOX guarantee assets are protected? Are the funds held in individual wallets for each customer? If not, in the event of bankruptcy, how would sFOX guarantee customers receive their funds? 28:25

Meet The Panelist

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Daniel Hinton is the Head of Operations and Treasurer at sFOX. With a strong background in corporate finance, Daniel has been instrumental in driving growth and improving operational efficiency at the Company. Prior to joining sFOX he held finance positions at a leading high-growth healthcare operator and in M&A advisory.Daniel earned his JD and Master’s of Tax Accounting from The University of Alabama. In his free time, he enjoys participating in various outdoor sports and bitcoin meetups in the Nashville area.

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With over 10 years of leadership experience in both traditional finance and the crypto fintech sector, Dimitry brings a wealth of institutional sales and client success expertise to the table. Dimitry’s career journey initiated in financial services, wherein he managed customer support teams that serviced retail and institutional fx clients and launched strategic projects to accelerate sales while upholding rigorous regulatory standards. His diverse expertise, exemplary leadership, and innovative mindset position him as a dynamic player in the fintech industry.