{"id":39569,"date":"2021-03-25T13:54:19","date_gmt":"2021-03-25T11:54:19","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=39569"},"modified":"2025-08-30T10:22:44","modified_gmt":"2025-08-30T07:22:44","slug":"ibm-signs-partnership-with-crypto-custodian-metaco","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ibm-signs-partnership-with-crypto-custodian-metaco\/","title":{"rendered":"IBM signs partnership with crypto custodian Metaco"},"content":{"rendered":"<p>The technology giant IBM will provide Metaco, the cryptocurrency custodian, with software to protect against data leaks and cyber threats. This is reported by <a href=\"https:\/\/cointelegraph.com\/news\/metaco-partners-with-ibm-for-secure-digital-asset-orchestration-system\" target=\"_blank\" rel=\"noreferrer noopener\">Cointelegraph<\/a>.<\/p>\n<p>It concerns the &#8216;Cloud Hyper Protect&#8217; service and the &#8216;Keep Your Own Key&#8217; package. They can be deployed locally, in the cloud, or in a hybrid environment.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8216;The integration will raise the level of security and client trust&#8217;<\/em>, said Adrien Treccani, founder and chief executive of Metaco.<\/p>\n<\/blockquote>\n<p>The partners aim to attract banks and regulated financial-services providers. Metaco&#8217;s digital-asset management system can be used, among other things, for custody, tokenisation and transaction management.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cCustodial fiduciary obligations require transferring the asset-holding function to regulated custodians. Through integration into clients&#8217; infrastructure, our solution enables managing and distributing risks across multiple custodians within a single governance system,\u201d<\/em> explained Simus Donahue, Metaco&#8217;s vice president.<\/p>\n<\/blockquote>\n<p>Metaco&#8217;s services are used by Standard Chartered, BBVA and <a href=\"https:\/\/forklog.com\/en\/news\/gazprombank-launches-experimental-bitcoin-trading-in-switzerland\">Swiss subsidiary of Gazprombank<\/a>.<\/p>\n<p>On March 25, CoinDesk reported on the collaboration between IBM and Deutsche Bank. The technology giant will help build Deutsche Bank&#8217;s <a href=\"https:\/\/forklog.com\/en\/news\/deutsche-bank-to-launch-custody-service-for-cryptocurrencies\">platform<\/a> for custody and trading of cryptocurrencies.<\/p>\n<p>Earlier in February, it emerged that IBM <a href=\"https:\/\/forklog.com\/en\/news\/ibm-effectively-shutters-its-blockchain-division\">almost entirely<\/a> downsized its blockchain division.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The technology giant IBM will provide the Metaco cryptocurrency custodian with software to protect against data leaks and cyber threats.<\/p>\n","protected":false},"author":1,"featured_media":39570,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1491,68,1156,2156],"class_list":["post-39569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-deutsche-bank","tag-ibm","tag-institutional-investors-and-whales","tag-metaco"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/39569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=39569"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/39569\/revisions"}],"predecessor-version":[{"id":39571,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/39569\/revisions\/39571"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/39570"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=39569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=39569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=39569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}