Bit2Me presents Custody, its new cold custody service for digital assets

Bit2Me, the first company in the world recognized by the Bank of Spain as a virtual currency service provider and which launched B2M, the largest cryptocurrency created in national territory, presents Bit2Me Custody, its Professional cold storage service for digital assets, which already has large companies as clients, including investment funds of the size of Inveready .

The new Bit2Me service allows those clients who wish to do so to store digital assets, such as Bitcoins, Ethers, stablecoins, NFTs or even tokenized shares (security tokens), securely through a storage model based on Digital vaults with bank-grade security, disconnected from the internet and segregated by client and that use cryptography to process transactions through multiple authorizations.

The service is located on Spanish soil, and is offered worldwide, with registration in the Bank of Spain number D592 for the custody of digital assets. In addition, digital assets deposited in Bit2Me Custody are insured by a policy of 150 million euros

The service is available for more than 200 different cryptocurrencies and is Aimed at private companies, public institutions, startups and individual clients with portfolios of more than 50 thousand euros in digital assets.

Bit2Me Custody also offers secure cryptocurrency storage services to other companies in the Web3 sector, such as wallet providers, exchanges, liquidity providers and issuers of digitalized financial assets that are interested in safeguarding their funds in very high-security facilities. 

To Leif ferreira, CEO of Bit2Me, Bit2Me Custody is, by far, The best blockchain digital asset custody solution ever made in Spain“Bit2Me is a Spanish company with almost ten years of professional experience in this industry. At Bit2Me we have the backing of a large institutional capital. If regulated investment funds such as Inveready choose us to store their funds, it is because they are looking for the best. I believe that we are the company in the sector that has the most preparation and reputation to offer this service.”

The use of Bit2Me Custody is based on a governance model reinforced by HSM personal security devices (physical security device based on hardware cryptography). This model allows digital assets to be stored outside the reach of cyber attacks, Requiring shared authorization through flexible and scalable governance schemes, which require the authorization of a configurable number of people to allow the movement of funds.

For Ferreira, the security system by which transactions are approved in Bit2Me Custody demonstrates the high security and transparency of the service.The Bit2Me Custody governance engine is one of the most secure systems in existence regarding the custody of cold funds. The process involves the validation of several operators within the wallet before being published on the blockchain.” 

On the other hand, Bit2Me has just obtained the ISO 27001 certification, a fact that demonstrates the commitment of the Spanish exchange to the effective management of information security and guarantees the confidentiality, integrity and availability of the data with which Bit2Me operates

For CISO of Bit2Me, Washington GomezThe ISO 27001 certification demonstrates the company's commitment to the security of Bit2Me's infrastructure, constantly promoting activities to protect its systems and information through external audits.  

“ISO 27001 certification reinforces the principle of proactive responsibility at Bit2Me and demonstrates that for the company, investment in security is not an expense but rather a strategic area that allows us to demonstrate the reliability of our solutions and develop the trust of our clients,” says Gómez.