Digivault Launches ‘Permanently Live’ Cryptocurrency Custody

Diginex — a crypto firm to be traded on Nasdaq — has launched a new permanently live custody solution through its subsidiary Digivault.

According to an announcement on April 16, the new custody solution — dubbed Helios — protects its users against key duplication, theft, features hardware protection of networks and operates from military-grade secure locations.

A security-focused solution

Helios is integrated with the firm’s Kelvin cold storage solution, which enables the storage of crypto assets in vaults that also store gold and silver in Asia and Europe. The custody solution is compliant with the U.K. government-backed Cyber Essential Plus Certification. Robert Cooper, Digivault’s CEO, told Cointelegraph:

“We have built a scalable platform that is capable of offering custody of a number of digital assets including payment tokens and security tokens (once the appropriate licenses have been sought).”

Cooper claims that the advantage of Helios over the solutions offered…