Back to Solutions

Manage clients’ digital assets
without becoming a custodian

A regulated co-signing model that gives you operational control across your clients’ assets, with no custody licence of your own required.

Swiss regulated
  • VQF SRO Swiss
  • Swiss regulated
  • MPC + TEE security
  • SOC 2
Full regulatory standing
Works with leading providers
KYC / onboarding
AML & screening
Liquidity
Banking rails
OTC liquidity
Card rails
Payments Provider
01 The problem

Client mandates, without a custody licence

You carry the mandate to manage your clients’ assets, but not a custody licence, and the usual options force a bad trade between control, liability and a clean view across venues.

  1. Use a third-party custodian

    You get API access at most and cannot move assets without the client, so the relationship is split and you are structurally disintermediated.

  2. Become a licensed custodian

    Acquiring a licence in every jurisdiction carries capital, governance and audit cost that is uneconomic for most managers.

  3. Help clients self-custody

    A hardware wallet or single signer is operationally fragile, audit-unfriendly, and one lost device from total loss.

03 The control model

Operational control, without holding the keys

Your client

Holds the veto

You, the manager

Initiate and operate

The Vault

Regulated co-signer

It takes two to move

Any two of the three shares are needed to move assets. You operate within mandate, the client can always veto, and the whole key is never assembled in one place.

A key with no single holder

Each signing key is split into shares held by separate parties, the whole key is never assembled, and no one party can sign alone.

No custody licence required

You never hold a full key and cannot reach threshold alone, so you operate client assets without becoming a licensed custodian.

The client keeps sovereignty

The client holds a veto share for material moves, so nothing significant happens without them.

You initiate and operate within the agreed mandate; the client retains a veto on material moves; and a regulated party co-signs every transaction, applying AML and Travel Rule, so control and liability stay where they should.

Control and liability, where
they belong

By cryptographic design, no party can move assets alone: you operate within mandate, the client keeps a veto, and a regulated party co-signs to meet AML and Travel Rule duties. Clients keep sovereignty and you avoid holding a custody licence. The platform is Swiss regulated, with the full detail on the Platform and in the Trust Center.

04 How it works

How a manager
runs on The Vault

Operate client assets end to end, within mandate.

  1. Onboard

    Shares are provisioned across the client, your firm and The Vault, and the policy engine is configured to each mandate.

  2. Operate

    You initiate trades, allocations and rebalancing within configured limits; the client can veto; a regulated party co-signs every move.

  3. Report

    Clean, attributed reporting across every client and venue, ready for administrators, auditors and tax.

Talk to an expert

Ready to take control of your digital asset operations?