Standard Custody & Trust Company, the regulated limited purpose trust company and qualified custodian owned by PolySign, is working with GSR Markets Limited, a digital asset liquidity provider and trading firm, to support its escrow services. Standard Custody has created an escrow solution that clients can leverage through its collaboration with GSR and other trading firms. The solution reduces counterparty risk by separating collateral from trading partners and placing it in escrow with a bankruptcy remote, regulated qualified custodian while also enabling instant and secure settlement of digital assets.
