Do you know about Crypto Custody Exactly?

Actually the answer to ‘Do you know about Crypto Custody Exactly?’ is a term which is used, so as to define the process of keeping the assets safe from theft. 

Custodians are the third party which could be hired for taking care of your crypto, thereby acting as safeguard of your money, may be cash, securities virtual assets or gold bars.

The custodians are there since 1960s and are amongst the pillars of old banking system.

The digital assets custodians are not able to save technically any of the assets as each data.

Transactions tend to survive on a public ledger named as blockchain.

Rather whatever they are guarding are the users private keys (necessary portion of crypto wallet which provides access to the funds which are stored in it).

The crypto custodians are necessary for the adoption of digital assets. 

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