Etana Custody to Provide Trusted, Regulated Custodial Service for Ledger Enterprise Clients
DENVER--(BUSINESS WIRE)--Etana Custody (Etana), a regulated, trusted industry leader in multi-asset custody and support services, and Ledger Enterprise (Ledger), the world leader in critical digital asset security, announced a partnership today to benefit the companies’ institutional client bases. Ledger Enterprise has selected Etana Custody as its U.S. custodial partner, and all institutional players can now use Etana powered by Ledger Enterprise. Additionally, Etana Custody clients can utilize the Ledger Enterprise platform as a subcustodian of their digital assets.
Etana Custody's commitment to operating a global, regulatory-compliant business is the company's core tenet and primary focus. For institutions that are required to separate assets, Etana is an obvious solution, offering a regulated corporate custodial environment. This offering is especially beneficial to Ledger Enterprise, which can now provide its institutional clients with its technology and Etana Custody’s solutions, allowing for the segregation of funds and eliminating counterparty risk.
"As institutional interest in digital assets grows, so does the demand for regulated custodians who can meet enterprise compliance and security needs," said Brandon Russell, CEO and founder of Etana Custody. "Etana has the delivery mechanisms and regulatory footprint to deliver the secure trading environment that institutional clients are seeking. Our custodial solution promotes investor confidence in digital assets, which results in broader market participation and liquidity."
With complimentary offerings, Etana Custody and Ledger Enterprise bring institutional digital asset custody in line with the structures of traditional markets. Etana will utilize Ledger devices to manage digital assets backed by the security of Ledger’s technology, supporting over 1,800 coins and tokens, including Bitcoin, Ethereum, and more. In addition, the offering gives institutional clients options to diversify custody of digital assets according to business or compliance needs.
"We chose Etana Custody as our U.S. custodial partner due to its status as a regulated global custodian," said Pascal Gauthier, Chairman & CEO of Ledger. "In the industry, there is a current move to safety, and Etana Custody, as a strong and sustainable company, is an ideal partner for us with a regulated custodial offering that is advantageous for our enterprise clients."
ABOUT ETANA CUSTODY
Etana Custody is a regulated trust company that offers a comprehensive technology platform that allows exchanges, institutions, investment professionals, and individuals the tools to provide the highest level of oversight, security, and fiduciary responsibilities to its global clients. Etana’s integrated platform allows the custody of traditional G10 currencies and digital assets through its cold, hot, or MPC wallet solutions. In addition, Etana’s high compliance standards give clients peace of mind, knowing their assets will stay protected and secure.
For additional information, please visit www.etana.com.
Founded in Paris in 2014, LEDGER is a global platform for digital assets and Web3. Ledger is already the world leader in Critical Digital Asset security and utility. With more than 6M devices sold to consumers in 200 countries and 10+ languages, 100+ financial institutions and brands as customers, 20% of the world’s crypto assets are secured, plus services supporting trading, buying, spending, earning, and NFTs. LEDGER’s products include: Ledger Stax, Nano S Plus, Nano X hardware wallets, LEDGER Live companion app, [ LEDGER ] Market, the world’s first secure-minting and first-sale distribution platform, and Ledger Enterprise. With its ease of use, LEDGER allows a user to begin investing in digital assets and ultimately, achieve financial freedom in a safe and stress-free environment.
For additional information, please visit https://enterprise.ledger.com/