Monday, June 5, 2023

Prosegur Cash and Minos Global launch a platform for the sale and custody of crypto assets

Prosegur Crypto and Minos Global have announced a global agreement to launch an integrated platform for the buying, selling and custody of crypto assets aimed at institutional clients. The agreement comes at an important time for the region, with the regulation of crypto assets rapidly evolving in Europe. The approval last Thursday, April 20, of the EU crypto-asset market regulation (MiCA) has established a framework for crypto-asset legislation, creating clear standards for investor protection.

The collaboration between Prosegur Crypto and Minos Global aims to provide a comprehensive platform to financial institutions that wish to incorporate crypto assets into their value proposition, allowing their users to invest with confidence and security. This initiative will spur the development and adoption of crypto-asset technology in the financial sector and allow banks and other financial institutions to provide a complete and personalized experience to their customers while meeting all MiCa regulatory requirements.

As part of this collaboration, Prosegur Cash, the parent company of Prosegur Crypto, has made a strategic investment in Minos Global to further strengthen the collaboration between the two companies. This investment not only reflects Prosegur Crypto’s confidence in Minos Global’s business model, but also provides an opportunity to collaborate more closely on the development of next-generation crypto asset custody and trading solutions.

The platform is now fully operational and provides a complete and scalable crypto asset trading and custody solution meeting the needs of institutional investors around the world. In addition, the solution provides white-label services directly and has an integration pipeline in collaboration with affiliated financial institutions. All of this allows customers to experiment with crypto assets in a practical and secure way, as well as unleash their full potential in the financial system.

Additionally, the platform integrates payment service with crypto assets aimed at businesses and gateways that allow them to accept payments in crypto assets and expand their payment options and reach new customers.

Jose Angel Fernandez, Executive Chairman of Prosegur Crypto and Corporate Innovation Director of Prosegur Cash, underlined the importance of this agreement and ensured that “we will be a key player in promoting and increasing the use of crypto assets in the financial sector With Prosegur Crypto, we will contribute our experience in custody and security, as well as the best cold storage technology and advanced security, to guarantee that digital assets are protected at all times.”

For its part, Minos Global CEO Alfonso Ayuso said that “the company will contribute its experience in buying and selling cryptocurrencies, as well as its advanced trading platform, which allows customers to buy and sell crypto assets efficiently. Its In addition, Minos Global’s ability to provide hot custody enables customers to conduct fast and smooth transactions on the platform, ensuring their crypto assets are available at all times.”

Nation World News Desk
Nation World News Desk
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