Asset Protection Trusts for Digital Assets

As the world becomes increasingly digitized, more and more people are investing in digital assets such as cryptocurrencies, tokens, and other digital assets. However, the nature of these assets means that they require a different kind of protection than traditional assets like cash, stocks, and bonds.

At Sterling Trust & Fiduciary Limited, we understand the importance of protecting your digital assets, which is why we offer asset protection trust services specifically designed for digital assets. Our trust services work in tandem with top regulated digital asset custodians or non-custodial solutions like Qredo to provide you with the peace of mind that your digital assets are secure.

Why Asset Protection Trust Services are Important for Digital Assets

Digital assets are particularly vulnerable to theft, hacking, and loss due to their digital nature. Unlike traditional assets, they do not have a physical presence that can be protected by locks, safes, or security guards. Instead, they are stored on digital wallets and exchanges, which are susceptible to cyber-attacks and data breaches.

In addition, digital assets are still a relatively new and evolving area of the law, with different jurisdictions having varying levels of regulation and protection for digital assets. This can make it difficult to protect your digital assets from legal challenges and disputes.

Asset protection trust services provide an extra layer of security and protection for your digital assets. By setting up a trust, you can transfer ownership of your digital assets to the trust, which is managed by a trustee who has a fiduciary duty to act in your best interests. This means that your digital assets are no longer under your direct control, but are protected by the trust and its legal framework.

Working with Top Regulated Digital Asset Custodians

To further enhance the security of your digital assets, we work in tandem with top regulated digital asset custodians. These custodians provide secure storage and management of digital assets, with robust security measures in place to protect against theft and hacking.

Regulated custodians are subject to strict regulatory requirements, such as Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, which help to prevent fraud and ensure that your digital assets are only accessible to authorized persons. By working with regulated custodians, we can ensure that your digital assets are kept safe and secure at all times.

Non-Custodial Solutions

In addition to working with regulated custodians, we also offer non-custodial solutions such as Qredo. Qredo is a decentralized network that provides secure custody of digital assets without the need for a traditional custodian.

By using a decentralized network, Qredo eliminates the need for a central authority to manage your digital assets, which reduces the risk of theft or hacking. Instead, your digital assets are stored on a secure blockchain, which is accessible only by you and authorized parties.

Qredo also provides a range of features to enhance the security of your digital assets, including multi-signature authentication, customizable transaction policies, secure key storage, and cold storage options.

Transacting and Investing

While protection of your digital assets is of primary importance, clients often want to invest, trade and stake digital assets. One option for this is to establish a subsidiary company which then appoints a digital asset manager to manage particular DeFi wallets and exchange accounts.

Conclusion

Digital assets are a valuable and growing area of investment, but they require a different kind of protection than traditional assets. At Sterling Trust & Fiduciary Limited, we understand the unique challenges of protecting digital assets, and we offer asset protection trust services that work in tandem with top regulated digital asset custodians or non-custodial solutions like Qredo.

By using a trust to manage your digital assets, you can add an extra layer of security and protection to your investments, while working with regulated custodians or non-custodial solutions like Qredo ensures that your assets are kept safe and secure. Contact us today to learn more about our asset protection trust services for digital assets.