In this episode of Global Economic Press, Alex Brady explores the intricacies of cryptocurrency custody solutions, focusing on a new offering from Digital Ascension Group. This service, launched through their Securities and Exchange Commission-registered advisory arm, Digital Wealth Partners, aims to meet the five essential standards of digital asset protection. Partnering with federally chartered custodian Anchorage Digital, the offering addresses critical security, ownership, and compliance gaps for high-net-worth crypto investors. The episode delves into the importance of crime insurance, bankruptcy remoteness, true segregation, proper licensing, and compliance with Federal Information Processing Standards, highlighting how these criteria differentiate genuine institutional protection from mere illusions of security.

Digital Wealth Partners, through its partnership with Anchorage Digital, provides a robust custody solution that includes crime insurance on assets, segregated client wallets, and a federal bank charter from the Office of the Comptroller of the Currency. This combination of features ensures that clients maintain ownership and control of their assets, which are held in a bankruptcy-remote structure. The podcast emphasizes the importance of evaluating custody options against these five criteria to ensure comprehensive protection of digital wealth. For more information on how Digital Ascension Group can assist with structuring digital asset holdings, visit their website at Digital Ascension Group.