Institute Insights
Structured, practical writing on institutional digital asset custody. Not news, but the thinking underneath it: the research, the foundations and the decision frameworks we use when we design infrastructure with clients.
Research
2 articlesAre NIST's Post-Quantum Cryptography Standards Still Safe? New Quantum Results and the Dihedral Coset Problem
NIST finalised its first post-quantum cryptography standards in 2024, ML-KEM, ML-DSA and SLH-DSA, to replace RSA and elliptic-curve schemes ahead of quantum computers. Two recent papers on the Dihedral Coset Problem raise a sharper question: how secure are the underlying lattice problems really, and why post-quantum is not the same as quantum-proof.
What a Robust Digital Asset Custody Set-Up Looks Like
A reference architecture for institutional-grade digital asset custody: five layers, from access channels to settlement, wrapped in governance and cross-cutting security controls.
Education
4 articlesDigital Asset Custody vs Traditional Custody: Why It's a Security Discipline
Traditional custody is an operations discipline. Digital asset custody is a live security architecture problem. Here is what changes when control of assets means control of keys.
Different Asset Classes, Different Custody Disciplines
Custody of cryptocurrencies, stablecoins, tokenized deposits and tokenized securities is not the same job. The asset class changes the legal claim, the dependency stack, the risk map, and therefore the architecture.
The Core Trade-Off in Digital Asset Custody Design
Every custody build is a balancing act between agility, total cost and security. Over-optimise any corner and the architecture pays for it elsewhere. How to find a defensible target state.
Four Institutional Custody Models Through the Agility-Cost-Security Lens
Sub-custody, licensed platform, hybrid, or fully in-house? A sharper view of how the four institutional custody models differ on agility, total cost and security, and how to choose.