DigitalRFQ Has Chosen Koine As The Custodian For Its First Digital Asset Offering
Mike Greenacre added that Koine was the obvious choice for their understanding and focus on solutions for institutional investors which is aligned to DRFQ.
It makes perfect sense to have DRFQ to select Koine because Koine understands the UK/EU market better than most. Out of more than 50 EU custodians listed in Digital Assets Custody, Koine shines as one of the very few that is regulated in UK by the FCA.
Could DRFQ provide their own digital asset custodian service instead? Yes, but it’s obvious for them to focus on what they do best as digital asset OTC broker, and leave custodial services to other experts.
Propine, is the first independent digital asset custodian in MAS regulatory sandbox with great understanding of regulations and client requirements in Asia.
You may choose self-custody or exchanges as your custodian, but nothing will give you a better peace of mind, if you decide on an independent and regulated one whose sole focus is to understand and facilitate your custodian needs.