Crypto Custodians Foresee Growth in Partnerships with Traditional Custodians
Alexandre Kech, CEO of Onchain Custodian, predicted that collaboration between crypto and traditional custodians will grow. Kech’s remarks came during a panel called “Custody: The New Global Competitive Landscape,” part of Consensus 2019 on May 14.
Kech observed that crypto custodians are much better at adding new token support to their wallets and are willing to hold a variety of crypto assets. “We have the agility, both in terms of compliance and technology, to deploy those coins way faster.
CEO of Coinbase Custody Sam McIngvale agreed with the other speakers, adding that selling custody is ultimately selling “trust and a track record.”