itBit’s Institutional Client Group now offers crypto asset custody services for institutions seeking to custody or sub-custody assets with a regulated NY State Trust Company.
Regulated Custodian - itBit is subject to strict regulatory oversight by the New York State Department of Financial Services. All fiat and digital customer assets deposited with itBit are backed by mandatory capital reserves as a regulated entity.
Asset Protection - 100% cold storage ensuring that your crypto assets remain secure and will be available to meet investor redemption and verification requirements. Custodied assets will never commingle with assets held in itBit trading accounts.
Verification & Reporting - Verify your custody account balance and holdings 24/7 with personalized access and receive regular and auditable consolidated reporting.
Premium Support - Our relationship managers provide all custody clients with personalized service and support.
Crypto asset trading involves a high degree of risk. The crypto asset market is new and unproven and may
not grow. Currently, there is relatively small use of crypto assets in the retail and commercial
marketplace in comparison to relatively large use by speculators, thus contributing to
price volatility that could adversely affect an investment in crypto assets. In order to
participate in the trading of crypto assets, you should be capable of evaluating the
merits and risks of the investment and be able to bear the economic risk of
losing your entire investment. No material at this site should be considered
as an offer by itBit to sell or solicitation by itBit of any offer to buy bitcoin or other crypto assets.