In a collaborative effort, Zodia Custody and Hogan Lovells have converged their legal, technical, and operational expertise to craft a comprehensive whitepaper on digital asset custody. This paper seeks to demystify digital asset custody by comparing the custody of digital assets with that of more traditional assets, as well as highlighting key considerations and questions
If you’re an asset manager or institutional investor venturing into digital assets, you’re probably worrying about custody. The digital asset ecosystem is growing fast, and its value tipped over $3 trillion at one point in 2021 – comparable to the market capitalisation of some of the largest stock exchanges in Europe. We’re no longer just
The Limitations of Off-Chain Data Storage in NFTs Non-fungible tokens (NFTs) have gained immense popularity in recent years, particularly on the Ethereum and other Ethereum Virtual Machine blockchains. However, NFTs require off-chain data storage, which is typically stored on the Interplanetary File System (IPFS). This decentralized storage system is similar to the blockchain’s hard drive.