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  -  Media   -  News Release: Zerocap conducts successful POC on ASX platform to bring institutional grade custody for digital assets
Zerocap partners with ASX - AFR

16 August 2022: Digital assets investment firm Zerocap has
completed a Proof-Of-Concept on the Australian Securities Exchange’s (ASX)
Distributed Ledger Technology (DLT) as a Service platform, Synfini, specifically for
the custody and administration of digital assets. Further development will be
undertaken by Zerocap in the coming months with the goal of being able to fully
integrate digital assets into the ASX’s DLT as a Service ecosystem.

Zerocap provides its institutional and wholesale clients with Australia’s leading custody
solution for digital assets, incorporating MPC cryptography and hardware isolation
via Fireblocks, and bespoke insurance from Lloyd’s of London.

By integrating digital ass et custody the solution could support custody for any
tokenised asset – crypto, bonds, shares, property, currency-based – that customers
may wish to custody on Synfini.

Zerocap’s current platform can already trade and provide segregated custody for any
tokenised asset. Client’s assets and transactions could be recorded on Synfini via
smart contracts to form immutable records on a distributed ledger, providing improved investor
protection and greater efficiency for digital asset transactions.

Zerocap CEO Ryan McCall said, “Our goal is to provide institutional investment
grade services and back office administration at least to the level of any traditional
and existing financial services instruments. This includes relevant and appropriate compliance and oversight by appropriate agencies.

“We get that many investors remain wary of the digital assets space … a guiding
Zerocap mantra is to break down the barriers to investing in digital assets.
“Working on this project to provide an institutional grade digital asset custody offering
on the ASX DLT as a Service is an exciting initiative.

‘’We at Zerocap know that there have been many calls for an Australian based top
quality custody solution – well, it’s here and we look forward to extending its
capability with the ASX on Synfini,” Ryan McCall said.

Paul Stonham, General Manager of DLT Solutions at the ASX said, “Synfini provides
a secure, open-source environment in which developers and others can bring new
use cases for digital assets into reality. Zerocap’s custody service POC is an
excellent example of the ever expanding ecosystem we are looking to develop.”

Read more in this recent AFR article.

About Zerocap
Zerocap’s mantra is zero friction, borderless finance. Zerocap is Australia’s leading
full-service crypto platform, providing tailored investment products and secure
custody to a global client base of wholesale investors, institutions, HNWs and family
offices.
Zerocap creates bespoke solutions for investors to build and diversify their
investment portfolio with digital assets, through a range of regulated and direct
exposure products across the volatility spectrum to fit with their desired levels of
investment and risk.
Zerocap’s people bring a deep understanding of digital asset technology, trading,
and portfolio optimisation, having processed a billion dollars of digital assets for
private investors, family offices and institutions. Zerocap has assembled a team of
blockchain experts, institutional portfolio managers and advisers, and experienced
traders; backed by strong compliance, security and reporting functions.
Zerocap provides market leading institutional grade custody and storage facilities
backed by insurance policies for all its investors, utilising best-in-class technology
such as MPC cryptography and hardware isolation.

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