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Our Custody platform has several security controls in place, including comprehensive compliance programs for KYC, AML, and KYT. Our processes and controls are reviewed by independent third-party auditors for all transactions and activities. In addition to high-grade security and operational controls, our platform is insured according to policy limitations to protect assets against potential loss, and has an Independent Trust Structure for mitigating regulatory risk.
A comprehensive technology stack, robust physical and cyber security protocols, and disaster resiliency are embedded into our operational approach. The Bakkt Custody platform maintains security measures that ensure digital asset safeguarding without compromising ease of asset management. Our multi-layered security encompasses geographically distributed data centers for disaster resiliency, insider threat and anti-collusion controls, and multi-party computation (MPC) technology for wallet key management. We also provide consensus management for reliable transfers and enforce stringent Allowlist qualifying procedures for withdrawals. All in the name of keeping your assets safe.
