intas.tech service offering
Advancing professionalization and mass adoption of cryptocurrencies and blockchain technology are largely due to regulatory intervention by lawmakers. The institutionalization of new roles and services around crypto, especially in the financial industry, creates more legal certainty and predictability for both end customers and providers operating in this field. Germany in particular has taken a pioneering role in this regard and has launched and implemented various initiatives such as the tokenization of traditional securities in the form of bearer bonds or fund shares. This can be understood as a step toward the dematerialization of securities.
A key component of the regulatory initiatives in Germany to date is the service offering of the crypto custody. Since the beginning of 2020, crypto custody has constituted a financial service under the German Banking Act (KWG) and requires a crypto custody license from the German Federal Financial Supervisory Authority (BaFin). The service is defined as the custody, administration and safekeeping of crypto assets or private cryptographic keys used to hold, store and transfer crypto assets, for third parties. Within the framework of the KWG, cryptocurrencies are also regulated as financial instruments under the term crypto assets (Kryptowerte) and represent a new asset class.
Why is the crypto custody offering so fundamental to current and new market participants? Digital asset custody is the focal point for many related banking processes and functions. With the custody of an emerging asset class with distinct subcategories such as crypto securities and crypto assets (Crypto fund units), market participants can claim an early positioning in the market. Depending on the design, previously unfounded opportunities for direct interaction with end customers can be realized. New business models and the occupation of further elements of the newly developing value chain of digital assets are within reach (DLT Pilot Regime).
Choose the asset classes you want to offer
Select the processes you want to improve
e.g., blockchain-based end-to-end handling of digital assets
Digital Assets Custody
The integration of the custody function for digital assets into existing architectures is possible from a functional and technical point of view.
We team with you to develop a digital assets strategy from the target operating model to new product and service models.
We can help you choose a crypto custody structure that is ideally suited to your institution’s needs.
With our strong network and market experience, we support you in selecting a provider.
If you need a crypto custody license, we will guide you through the approval process.
We support you in the introduction of a custody solution into your existing system and process landscape.
Regulation as an innovation driver for the fund industry.
Kryptowertpapierregisterführung Asset Manager & Verwahrstellen
Unsere Token Studie 2023 für die Konrad-Adenauer-Stiftung
Crypto Securities Registry for Asset Manager & Custodian