With increasing levels of capital continuing to flow into digital assets globally, an ever-growing pool of asset holders, and even governments exploring various digital asset projects, the need to examine custody services in the digital assets industry has never been more essential and relevant. Individuals and institutions need to understand how the custody of digital assets works, how custody is achieved, and what risks to be mindful of when navigating the possible opportunities surrounding digital assets. New exciting projects are being explored and piloted and increasingly, institutions – once reserved and hesitant – are dipping their toes into this exciting world. With new projects, come new challenges, but we often find that it is the fundamentals of storing, safeguarding and administering digital assets that pose the biggest stumbling block for these projects.