Software or hardware storing cryptocurrency private keys and enabling users to send, receive, and manage digital assets. Wallets don't actually store coins but rather the cryptographic keys that control them. Hardware wallets offer better security for large holdings, while software wallets provide convenience for frequent transactions
The programme will guide institutions through the scope of their current position and goals; map their existing organisational and technical setup; design a target architecture; and validate the resulting plan
The Visa Stablecoin Platform will support Open USD, an upcoming partner-governed US dollar-pegged stablecoin created by Open Standard, along with onchain wallet infrastructure, controls, and workflows
The initiative comes in response to the Depository Trust & Clearing Corporation’s (DTCC) tokenisation service, and is designed to evaluate the collateral lifecycle for tokenised US Treasuries
TRM’s transaction monitoring alert flow and wallet screening data feeds will be implemented into Unit21’s self-service rules engine, with crypto and fiat risk able to be investigated in a unified system
Sodot’s crypto key management capabilities will be integrated into MoonPay Institutional, aimed at financial institutions, asset managers, trading firms, and exchanges entering digital asset markets
The product enables compliance teams to identify employee-linked digital asset holdings, detect potential policy violations through automated oversight, and manage digital assets alongside traditional securities