Propine Partners With SkyhookCapital
18 Nov 2020 — #Propine has partnered with Skyhook Capital Pte Ltd to assist businesses with storing their #digitalassets securely via a fully compliant custody service, with layered governance and security practices built in for safe maintenance and delivery.
“Skyhook has the ambition to play a leading role in the integration of #digitalsecurities into traditional wealth management channels, … The collaboration, strengthens our offering in the institutional capital markets significantly by facilitating access to institutional grade custody and asset servicing services, regulated by Monetary Authority of Singapore (MAS)” said Lawrence Grinceri, CEO of #SkyhookCapital.
Propine will extend its digital custodial and lifecycle management and reporting services to Skyhook’s end customers. Also, it will support issuers with smart contracts development, token issuance and post issuance administration.
Connected to the global public Corda network, Skyhook DAWN™, provides the first “total solution” for business integration of digital securities into conventional investment product distribution channels.
Tuhina Singh, CEO of Propine, noted that the partnership is a “natural” fit for both companies and signifies a major step in building and supporting the digital securities ecosystem in Asia.