Insights

Bitkub Exchange, Thailand’s largest digital asset exchange, names Rakkar Digital as the official digital asset custodian in pursuit of security and operational excellence, further solidifying its position as the trusted exchange for its customers.

Rakkar’s digital asset custody platform ensures transparent, secure, and convenient transaction management. Key features include detailed transaction clarity, blockchain visibility, status updates, and traceable activity logs. Institutional clients benefit from flexible transaction execution and enhanced governance, fostering trust and seamless digital asset management.

Singapore-based qualified digital asset custodian, Rakkar, has successfully completed the SOC 1 Type 1 audit, reaffirming its commitment to security excellence and regulatory compliance as a leader in the digital asset custody space in Asia.

June 2024 marked significant progress in the digital asset market, with Franklin Templeton's blockchain expansion, State Street's new ETFs, and HSBC's investment in Marketnode showcasing increased institutional adoption. Rakkar Digital announced a strategic partnership with DigiFT and hosted a successful VIP dinner with Figment, enhancing our collaborative efforts in the digital asset space.

Rakkar partners DigiFT to drive institutional growth in tokenized real-world assets and secure custodianship, advancing the convergence of traditional and digital finance.

In today’s digital landscape, robust security is crucial to prevent significant losses. As a qualified digital asset custodian, Rakkar offers a seamless and efficient solution to mitigate risks associated with human error and unauthorized access. Our platform supports error-free deposits, trusted withdrawals, and optimized asset rebalancing, all accessible 24/7.

Investors are faced with a critical decision on digital asset custody: whether to self-custody their digital assets or entrust their assets to a qualified digital asset custodian; or both.

May 2024 has been a landmark yet turbulent month for Ethereum and the broader cryptocurrency market. The approval of eight spots for ETH Exchange-Traded Funds by the U.S. Securities and Exchange Commission (SEC) is a historic event that holds promise for future institutional adoption and market growth—Grayscale, Bitwise, BlackRock, Fidelity, VanEck, Ark/21Shares, Franklin Templeton, and Invesco Galaxy.

Rakkar has launched a new brand identity featuring a redesigned logo, updated color scheme, and a user-friendly website to reflect their commitment to security, innovation, and excellence in serving their client. This rebranding aligns with Rakkar's evolving services and dynamic industry needs, showcasing its dedication to being at the forefront of the digital asset industry.

Rakkar Digital joins the Figment network as a leading APAC qualified custodian to expand its service offerings for institutional clients in the region to access integrated staking opportunities across major digital assets such as ETH, ADA, and ATOM.