Aegis Custody makes product and partnership announcements

San Francisco, 5th January 2019 – Aegis Custody has announced the launch of its new hardware-cloud hybrid solution, purpose-built for securely managing institution digital assets. As part of its launch it has also revealed its first partnership with ELICONN, a subsidiary of FoxConn Technology Group, the world’s largest computer electronics manufacturer and a major supplier for Apple.

The new Aegis Custody product is designed to provide a much needed solution to institutions who have been reluctant to enter the digital asset market due to concerns around security. Aegis Custody’s product is a breakthrough solution which will allow transactions to move more swiftly and securely for exchanges, banks, asset management funds, STO projects, managed solutions, and self-custody solutions.

Jack Huang, COO of ELICONN says: ”FoxConn sees tremendous value in securing digital assets and the proprietary systems that Aegis Custody has put in place will no doubt make them a market leader. Our new ELICONN division will focus on using the product for payments, supply chain management, and agricultural services. Enabling digital assets across our enterprise will facilitate quicker, lower cost payments” 

Aegis Custody’s new solution includes multisig wallets secured by a unique combination of hardware, cloud services, workflow, cold storage, and a professionally staffed service centre.

According to Serra Wei, Founder of Aegis Custody: “In 2018, over $2 billion in digital assets were stolen. Aegis Custody is going to secure your assets and allow for more trust and confidence in managing your cryptocurrency and is a the much needed bridge and security required by institutions to confidently enter the market for digital currency and storage. We are proud to contribute to the exponential growth that is going to result from the much awaited institutional entry into the digital custody solution market in 2019.”