with U.S. regulators last November, a shift is underway in the institutional adoption of digital assets. We are now in a fresh market cycle and we’re seeing innovative custody solutions and many market opportunities.to introduce a tri-party agreement for off-exchange custody exemplifies this shift. This arrangement, by decoupling custody and trading, helps mitigate exchange risk and opens accessibility and security for institutional investors venturing into the domain of digital assets.
The rise in exchange volumes across digital assets signifies growing interest and growing confidence in the infrastructure and regulatory frameworks surrounding digital assets. Institutions, once wary of the nascent and unregulated nature of digital assets, are now stepping into this space, encouraged by clearer regulatory guidance and more sophisticated financial instruments.
The evolution of custody and trading practices reflects a broader industry trend towards integrating technological innovations to address the financial sector's complex challenges. The collaboration between legacy financial institutions and digital assets platforms in such initiatives highlights the gradual merging of digital assets with the global financial framework.
Source: Tech Daily Report (techdailyreport.net)
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