SaTT appoints Onchain Custodian for treasury management of digital assets

To provide SaTT’s clients and investors with confidence that their digital assets are being managed in a secure, insured and compliant way, the appointment of Onchain Custodian will ensure institutional-grade, third-party custody of funds while leveraging the benefits of open finance services.

As a proponent of transparency in advertising product technology, and with investors from all over the world, especially Asia, attaching great importance to secure platforms, SaTT is now set to position itself as a leader in transparent treasury management.

By appointing Onchain Custodian to oversee treasury management, SaTT attempts to solve the prevailing concern of cash security within the blockchain ecosystem. The partnership is set to offer comprehensive reporting services to facilitate efficient and transparent management of investors’ digital asset holdings.

Headquartered in Singapore, Onchain Custodian offers secure third-party custody services and open finance products to its customers, which include token projects, such as Neo and Ontology, as well as tailored wealth management for high-net-worth individuals and family offices across Asia.

Onchain Custodian will actively manage the SaTT treasury by implementing an established hedging and return strategy. Investors and clients of SaTT can be confident that Onchain Custodian, as an independent third party, will execute the strategy independently and without being affected by external factors.

Since its inception, Onchain Custodian has worked on developing partnerships with the best service providers in the field of blockchain technology, the latest being SaTT. The partnership will focus on providing quality cybersecurity and financial crime compliance services to facilitate efficient and transparent management of investors’ digital asset holdings.

A lack of compliance when it comes to token projects securing their funds can affect token holders’ confidence and can also impact token value. This is why cutting-edge platforms like SaTT are opting for third-party custody solutions that can help make large-format transactions safer. By partnering with one of the leading custody service providers of Asia Pacific, SaTT is set to leverage the best combination of technology and security through Onchain Custodian’s institutional products.

Before announcing its partnership with Onchain Custodian, SaTT had also made public its listing on one of the leading crypto exchanges of the world — HitBTC.

Related posts:

For the past eight months we’ve been building a mentoring platform as the SEF dev team and it’s called ScholarX. The tech stack for the project was React with typescript for the frontend and spring…

Hear me out here. When I need to express myself I really need to kick it out. Obsessively. I can stay days, weeks or months without painting, but once that moment, that need, that thirst, kicks out…

Have you ever tried to run something in background inside an server instance on AWS EC2? Well, after you exit from the server the process dies, this means that the service that you providing will not…