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Glossary term

What is Custodian?

A custodian is an entity that holds digital assets or controls private keys on behalf of clients. Crypto custodians may offer safekeeping, settlement, governance, staking, or reporting services, and their regulatory obligations depend on jurisdiction, client type, asset type, and whether they also provide exchange, brokerage, payments, or other financial services.

Definition

A custodian is an entity that holds digital assets or controls private keys on behalf of clients. Crypto custodians may offer safekeeping, settlement, governance, staking, or reporting services, and their regulatory obligations depend on jurisdiction, client type, asset type, and whether they also provide exchange, brokerage, payments, or other financial services.