Paribu Introduces Paribu Custody for Secure Digital Asset Management

Paribu, Türkiye's pioneering technology company in the crypto asset sector, has announced its new service, Paribu Custody, providing digital asset custody and management for institutional clients globally. With independent wallets and a secure, end-to-end infrastructure, Paribu Custody will serve a wide range of organisations—including banks, financial institutions, cryptocurrency exchanges, decentralised finance entities, and blockchain-focused startups—seeking to securely store and self-manage their digital assets. Founded in 2017, Paribu provides fast, easy, and secure cryptocurrency trading services to its 7 million users and operates a registered custody company in Türkiye alongside its crypto asset trading platform. With Paribu Custody, it now offers digital asset custody services to institutional clients worldwide. Paribu's ColdShield® technology, integrating MPC (Multi-Party Computation), SGX (Software Guard Extensions), and HSM (Hardware Security Module) technologies, divides customers' private keys into multiple fragments and securely distributes them to separate parties. These distributed key parts are stored in a fully isolated environment, ensuring that no individual or organisation can access the complete private key. Paribu Custody enables organisations to streamline Anti-Money Laundering and Anti-Terrorist Financing compliance controls through a single interface, supporting robust regulatory compliance processes. Comprehensive KYB (Know Your Business) procedures are conducted for all clients, ensuring adherence to legal standards and fostering a secure operational environment. Paribu Custody is designed to securely store digital assets for today’s needs. Looking to the future, it is being developed to securely manage tokenised real-world assets (RWA) such as real estate, negotiable instruments, official documents, event tickets, and works of art, providing end-to-end corporate-level security. More information is available at www.paribu.com/custody.