Term of the Moment


Look Up Another Term

Redirected from: cryptocurrency custody

Definition: crypto custody

(CRYPTOcurrency custody) Third-party storage of cryptocurrencies. Crypto custody is a solution for hedge funds and institutional investors. The third party may use the same hot or cold storage methods that an individual uses; however, they are responsible for huge sums of money and must keep the private keys that unlock the transactions in an extremely secure location. See cryptocurrency and crypto wallet.