Crypto Long & Short: Redefining the Custody Standard for Banking

In this edition of Crypto Long & Short, Pascal Eberle discusses the evolution of custody standards in banking, emphasizing that custody is now about proving ownership rather than merely holding assets. The article highlights the limitations of traditional custody methods, which rely on centralized control and demand full trust in visible processes. Eberle introduces multi-signature technology (multisig) as a revolutionary approach, distributing control and requiring multiple approvals for transactions, thus enhancing accountability. This technology enables clients to monitor their assets transparently and participate in their security, providing a fundamental shift in asset protection philosophy. The piece signifies that as investors begin to demand visibility and accountability through multisig custody, traditional models may become outdated. Additionally, the newsletter touches on the current state of the crypto market, including the anticipated leadership needed for a market rally, with a focus on various cryptocurrencies and expectations surrounding their performance.

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