“I consider this because the third era of crypto custody, the place a number of custodians are linked collectively,” he mentioned. “For instance, a shopper in Brazil, who’s a custodian, might wish to retailer some property within the UK, they usually’re not at the moment within the UK. So they may use us as their sub-custodian and use our regulatory permissions, and many others. I believe the a number of networks which are on the market are actually key when it comes to linking custodians collectively, and linking custodians to exchanges and venues in a compliant method.”