{"id":611424,"date":"2024-12-19T04:06:35","date_gmt":"2024-12-19T04:06:35","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=611424"},"modified":"2024-12-19T04:06:35","modified_gmt":"2024-12-19T04:06:35","slug":"prosegur-crypto-launches-argentinas-first-cold-storage-custody-bunker-for-digital-assets","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/prosegur-crypto-launches-argentinas-first-cold-storage-custody-bunker-for-digital-assets","title":{"rendered":"Prosegur Crypto Launches Argentina\u2019s First Cold Storage Custody Bunker for Digital Assets"},"content":{"rendered":"

Prosegur Crypto, the institutional digital asset custody division of Prosegur Cash, has officially opened Argentina’s first crypto cold storage custody bunker. This facility is also the second of its kind in Latin America, following the earlier establishment of a similar vault in São Paulo, Brazil.<\/p>\n

Prosegur Crypto’s High-Security Cold Storage Vault for Digital Assets in Buenos Aires<\/h2>\n

The Buenos Aires-based facility serves as a cold storage vault designed for safeguarding digital assets. It uses state-of-the-art technology to ensure maximum security by keeping private keys entirely offline and disconnected from the internet. The bunker features over 100 protective measures spread across six layers of security, ensuring a robust custody chain for digital assets.<\/a><\/p>\n

Prosegur Crypto’s entry into the Argentine market comes after receiving operational authorization from the National Securities Commission (CNV)<\/a>. The company’s comprehensive custody service positions it as the first global security firm to venture into the digital asset space with a fully integrated offering.<\/p>\n

The crypto bunker relies on patented cold storage technology, guaranteeing high security, reliability, and asset availability. The facility ensures that stored digital assets remain unused for any purpose other than custody, maintaining strict asset management protocols. Moreover, technological mechanisms allow automated and secure asset retrieval for clients when needed.<\/p>\n

Prosegur Crypto Expands Digital Asset Custody Services Across Latin America<\/h2>\n

Prosegur Crypto’s Executive Chairman, José Ángel Fernández, emphasized the importance of this milestone, stating, “This new crypto bunker represents a significant achievement for our company, extending our digital asset custody services into Latin America with the same excellence and expertise as our traditional security services. Our top priority is ensuring that assets remain secure and are never used beyond the intended custody purposes.”<\/p>\n

The expansion supports the digitalization of financial assets in Argentina by establishing an integrated institutional offering that includes regulatory compliance, operational efficiency, and advanced technology. The firm is also prepared for asset tokenization, encompassing capital market instruments and real assets such as real estate, gold, and agricultural commodities.<\/p>\n

Additionally, the facility offers specialized services to financial institutions, government agencies, investment funds, family offices, and cryptocurrency exchanges<\/a>. These clients benefit from secure transaction management processes that submit transactions to the blockchain without direct internet connectivity, effectively minimizing cyberattack risks.<\/p>\n

Prosegur Crypto’<\/a>s initiative includes a platform for maintaining digital asset portfolios for governmental entities and an asset seizure system for law enforcement agencies. This innovative infrastructure underscores the company’s commitment to enhancing digital asset security in Latin America through top-tier cold storage solutions.<\/p>\n

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🏛️ Prosegur Crypto, el servicio institucional de custodia de activos digitales de Prosegur Cash, anunció la inauguración del primer búnker de custodia en frío de cripto de Argentina y el segundo de América latina.<\/p>\n

🏛️ Se trata de una bóveda de almacenamiento en frío de… pic.twitter.com\/DwDmh2xfdQ<\/a><\/p>\n

— Revista PLUS (@RevistaPLUSPY) December 12, 2024<\/a><\/p><\/blockquote>\n