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Leading European cryptoasset platform launches its institutional custody service with the integration of the Ledger Vault system

By FF Newsroom · 20 June 2019

Leading European cryptoasset platform launches its institutional custody service with the integration of the Ledger Vault sys
Coinhouse, the leading European platform that provides retail and institutional investors with a turnkey solution to buy and sell digital assets, announces it has integrated Ledger Vault’s multi-authorization cryptocurrency wallet management solution. Coinhouse’s vault as a service solution has been battle-tested and is now available for European qualified investors who expect full transparency and protection from crypto hacks. The multi-authorization involves signatures from the investor, Coinhouse and legally independent third parties. Coinhouse Custody Services benefits Coinhouse’s implementation of the Ledger Vault will bring the following benefits to its qualified investor's clients:
  • Assets held by Coinhouse on the Ledger Vault will be protected from unauthorized access, cyber hacks, and other internet vulnerabilities
  • Sophisticated end-to-end hardware backed transfers with strict internal user access controls
  • A strong multi-authorization governance model, ensuring there are no single points of failure in the management of customer funds
  • Support for the main digital assets including newly launched ERC-20, stablecoins and other tokens
Coinhouse Custody Services will be a secure, end-to-end cryptoasset custody solution that works at scale for a global audience. As of today, Coinhouse’s vault solution is securing millions euros worth of digital assets for its qualified investors who wish to benefit from an outstanding institutional grade infrastructure. So far, it has gathered interest from high net worth crypto individuals to asset managers and family offices. Nicolas Louvet, CEO at Coinhouse, explained: ”We’ve integrated Ledger’s bulletproof security infrastructure with our state-of-the-art process in order to improve trust and safety for the benefits of our digital assets investors. As a soon-to-be regulated custodian, we are building a trusted and transparent solution for investors who wants to enter the crypto space and wish to have the peace of mind that their assets are secure.” Pascal Gauthier, CEO of Ledger, commented: “Coinhouse provides an excellent service to individual investors, asset managers and family offices alike and we're proud to be partnering with such a stellar organization. There's a bright future for cryptocurrency in institutional investing and by protecting Coinhouse customers from unauthorized access, cyber hacks, and other internet vulnerabilities, we're supporting serious long-term growth.”

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