Vaultbank Partners With Kingdom Trust for Qualified Custodial Services for Crypto Assets
Vaultbank has partnered with Kingdom Trust to provide a qualified custodial solution for digital assets. Vaultbank has built a digital asset platform allowing for the tokenization of real assets and financial instruments. The Kingdom Trust-Vaultbank partnership allows our customers to have institutional grade custody and reporting.
Kingdom Trust brings its expertise in custodial services to the Vaultbank platform with end-to-end capability to secure digital currencies with the highest levels of transparency, accountability and compliance.
Matt Jennings, Kingdom Trust’s Chief Executive Officer, states, “Kingdom Trust’s relationship with Vaultbank will catapult our custody platform for digital assets, giving investors access to regulated qualified custody solutions for digital currencies and tokenized securities through one streamlined platform.”
The Vaultbank Platform is currently in beta testing, and a tiered global rollout is scheduled to begin in the third quarter of 2018.
Aaron Travis, Vaultbank’s Chief Operating Officer, states, “By partnering with Kingdom Trust we have created a cryptocurrency exchange with a secure, compliant, and innovative custody solution that will safeguard our users’ assets and further distinguish Vaultbank and Kingdom Trust as leaders in building a regulatory compliant ecosystem for tokenizing securities.”
Vaultbank has been working with regulatory agencies and other governmental bodies to acquire necessary licenses and comply with strict requirements in jurisdictions all over the world.