Cyber Capital
A partnership rooted in security and trust
Globally trusted since 2013
“BitGo's security practices are world-class; they truly go the extra mile. The security gained in such a partnership is unparalleled and I highly recommend that other funds take the same path.”
Key outcomes
BitGo’s partnership with Cyber Capital has been instrumental, especially as secure asset infrastructure becomes increasingly important
Expanded market reach
BitGo’s reputation as a leading custodian has enabled Cyber Capital to attract a wider range of investors, including funds of funds and other institutional clients, that share the firm’s long-term vision.
Enhanced investor confidence
Partnering with a reputable qualified custodian like BitGo has allowed Cyber Capital to build trust with their institutional clients, particularly investors who require the highest standards of security and compliance.
Increased security and operation efficiency
By utilizing BitGo’s secure cold storage and advanced security protocols for custody, Cyber Capital has significantly enhanced the security of their clients' assets, mitigating risks like hacking and theft. This has allowed them to reduce operational overhead and focus more on their core business and investment strategies.
The search for a trusted custodian
Managing and securing cryptocurrencies presents unique challenges given the nascent nature of the market. With prominent exchange scandals, political, and regulatory changes, Cyber Capital sought the highest level of security and reliability to secure their assets. “When we launched in 2016, the custody solutions in the market were very limited. To be able to handle custody and maintain the highest standards possible for our clients was challenging given this was not our core business and we already knew back then that exchange risk was one of the risks we wanted to minimize.” said Alexander Werkheim, CEO.
The firm evaluated many potential custodians, but found that they were not compliant with the bar they had set for their fund. They required a best-in-class partner with experience navigating the evolving digital asset environment. In 2021, Cyber Capital evaluated and selected BitGo as their qualified custodian due to BitGo’s reputation for robust security measures, regulatory compliance, and institutional-grade services.
Looking ahead
The partnership between Cyber Capital and BitGo serves as a testament to the growing importance of secure and reliable custody solutions in the cryptocurrency market. By leveraging BitGo’s expertise and technology, Cyber Capital has been able to enhance their offerings, strengthen investor confidence, and position itself as a leading player in the digital industry.
“Among professional crypto custodians we believe BitGo to be top-tier, if not the best.”