Episode 260: Digital asset custody infrastructure

Waters Wavelength

This week, Stephen Richardson, head of Apac and senior vice president of financial markets at Fireblocks, a digital asset security platform, joins Wei-Shen on the podcast. They chat about private key security and the technology traditional firms need to interact with digital assets. 5:00 – Stephen joins the podcast and gives an overview of Fireblocks. 7:00 – He explains the technology behind managing private keys. 10:00 – The difference between multi-signature and multiparty computation infrastructure. 18:30 – Stephen discusses how Fireblocks works with traditional custodians. 21:30 – What are some institutional-grade tools that are still missing? 26:00 – They discuss settlement infrastructure considerations. 30:30 – How can firms better enable interoperability and harmonization of tech infrastructure between traditional and digital assets? 38:30 – What needs to change from a people standpoint? 43:30 – Stephen talks through some trends in this space that may take off this year.