Digital Asset Custody

BMI Coinstreet Digital (BC-Digital), a joint venture between BMI Group & Coinstreet Partners, and Global Intelligent Trust (GIT), a licensed trust company in Hong Kong, announced their collaboration to launch digital asset custody services for initial Tokenized Security Offering (TSO), Digitized Security Offering (DSO), Tokenized Asset Offering (TAO), Security Token Offering (STO) and Stable Coin Offering (SCO). These services are built on Ledger Vault’s digital asset custody solution, which will be integrated with STO Global-X’s (STGX) digital asset tokenization and trading platform.

This collaboration offers independent digital asset custody services to licensed broker dealers who provide fully compliant TSO, DSO, STO and SCO services to qualified corporate issuers. Investors subscribing to these offerings can store digital assets securely in Ledger’s bank-grade digital vault operated by the consortium. Audited reports will be provided by qualified fund administrators, in the same way as a traditional financial custodian.

Ledger Vault provides flexible wallet technology infrastructure for STGX platform to create a sophisticated yet secure custody system with end-to-end hardware backed transfers and a strong multi-authorization governance model, ensuring no single points of failure. Ledger Vault’s solution further allows STGX customers to fully control 100% of its keys, and manage its liquidity instantaneously.

According to a survey by the World Economic Forum, around 10% of global GDP will be in tokenized and stored on the blockchain by 2027. BC-Digital serves clients with tokenization needs ranging from stablecoins, real estate, financial services, technology, biotech, healthcare, telecommunications, energy, manufacturing, hotel, hospitality, lifestyle, gaming, media and entertainment sectors. They expect significant growth in the number of high-quality STO projects and accredited investors, as adaption of this new corporate finance method gains popularity globally.