Digital & Technology

GFT and Metaco partner for institutional digital asset custody and tokenization solutions

Assets of all kinds are becoming fully or partially digital, with approximately five to ten percent of all assets expected to be represented on distributed ledgers by 2030 – be it non- fungible tokens (NFTs), digital currencies, digital securities or tokenised supply chain items. Companies now have access to a cost-effective and seamless path towards highly customisable, enterprise-secure, and efficient digital asset custody and tokenisation solutions.

The reason: In a new partnership, Metaco and GFT are joining forces to combine Metaco’s highly secure, configurable and versatile core platform for institutional digital asset management, Harmonizewith GFT’s award-winning smart contract, DLT network development and integration services. Together the two companies provide integrated digital asset solutions that are suitable for all kinds of companies operating across regulated and non-regulated industries, including financial services institutions, retailers, and manufacturing companies. They can now embed digital assets into their operations, such as corporate treasuries. Not only that: they can design customised offerings in the digital asset space while still retaining full control over assets and processes.

“No business, no matter in what industry, will be successful in the long run if it doesn’t leverage the potential of distributed ledger technology,” says David Creer, Global DLT, Crypto and E-money Lead at GFT. “But there still are challenges – among them making sure that custody solutions are a perfect fit for any given use case, that wallet management and associated systems are safe, and keeping costs down. We aim to change that.”

Safe, cost-effective and fully customisable

The integrated solutions from GFT and Metaco are extremely cost-effective because Metaco Harmonize™ is a highly specialised and modular platform which can be configured to offer tailored digital asset custody and tokenization services, fit for each institution’s target operating model. Its asset-agnostic nature ensures that many different digital asset classes are supported in an extremely secure way, thanks to Metaco’s multi-layered security architecture model, underpinned by a highly parameterizable governance framework which eliminates single points of compromise. GFT’s many years of experience working on DLT and crypto projects, meanwhile, make sure implementation is smooth and swift.

Companies gain:

  • The safest crypto custody deployment in the market
  • Expert 24/7 support based on enterprise grade SLAs
  • Increased customer satisfaction
  • Faster systems integration of crypto custody software
  • Technical and functional analysis of DLT projects that can be implemented end-to-end in the way that fits the business
  • Security by design approach to digital asset deployments

“This partnership makes it easy for companies to unlock the benefits of the token economy and build business models on top of robust and secure digital asset custody and smart contract management services,” commented Seamus Donoghue, Chief Growth Officer at Metaco.

The joint offering from Metaco and GFT is designed to help companies get started on their digital asset journey, enhance their offering and boost their competitiveness. The offering is designed for any type of company in any stage of development; from crypto focused startups, to existing digital asset custodians or incumbent banks and corporates.

GFT and Metaco have already successfully cooperated for several clients including Togg, VP Bank and other regulated financial service institutions.