Apparently It’s Very Difficult to Custody Crypto

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Apparently It’s Very Difficult to Custody Crypto

According to the FID filing, Prime Trust is unable to access “legacy wallets.” Before 2020, Prime Trust managed its customer’s crypto in its own wallets. In 2020, Prime Trust migrated customer assets to Fireblocks, an institutional custody and security firm, to have Fireblocks manage crypto assets on behalf of Prime Trust’s customers. www.coindesk.com

According to the FID filing, Prime Trust is unable to access “legacy wallets.” Before 2020, Prime Trust managed its customer’s crypto in its own wallets. In 2020, Prime Trust migrated customer assets to Fireblocks, an institutional custody and security firm, to have Fireblocks manage crypto assets on behalf of Prime Trust’s customers.

www.coindesk.com