Announcements

Ledger Enterprise Solutions Brings Digital Asset Security to Delchain

August 26, 2021 - 3 min read

Ledger Enterprise Solutions has entered into an agreement with Delchain, a full-service multi-currency banking, asset management, trading, custody, and advisory firm supporting digital asset companies. Delchain will utilize the Ledger Vault platform, the institutional-grade custody technology for enterprises, to secure clients’ digital asset portfolios.

The Bahamas-based company is regulated as a Financial Corporate Services Provider and is part of one of the largest private banking groups in the Caribbean; Deltec International Group. Delchain is dedicated to bringing top-notch security to clients to include a solid governance framework, instant accessibility, and additional security benefits.

Delchain will benefit from Ledger Vault’s end-to-end security infrastructure all while allowing clients to be in complete control of their assets from trading to offline storage without ever compromising speed, flexibility, and governance.

With normal cold storage methods, digital wallets are stored on a platform that is not connected to the internet, making it impossible for the assets to fall prey to bad actors or cyberattacks. Through the Ledger Vault platform, Delchain provides clients with the security of traditional cold storage along with the ability to make authorized transactions safely, when needed.

“Ledger Enterprise Solutions and Delchain both prioritize security of digital assets and user experience. This partnership allows Delchain’s clients to rely on institutional-grade custody services, ” said Alexandre Lemarchand, Vice President of Global Sales and Partnerships at Ledger Enterprise Solutions. “A commitment to helping digital assets investors seamlessly transact and protect their digital assets is what solidified this agreement. We look forward to a long and robust relationship with Delchain as they continue their growth.”

“To be able to offer a seamless, insured, asset custody service to our clients, it was imperative we select a technical platform in line with our agile nature,” Bruno Macchialli, CEO of Delchain, said. “Ledger Enterprise Solutions is a giant in the digital asset custody industry, and I am looking forward to the growth and development we will experience as we work with them.”

In 2019, Ledger obtained a pooled customized crime insurance program insuring crypto-assets for up to $150 million for its Ledger Vault platform led by the prestigious Arch UK Lloyds of London syndicate. All Ledger Enterprise Solutions clients including Delchain benefit from the Ledger Enterprise Solution platform’s custom $150 million pooled crime insurance.

About Ledger Enterprise Solutions

Founded in 2021, Ledger Enterprise Solutions is a division of Ledger, the global leader in security and infrastructure solutions for safeguarding critical digital assets. The mission of Ledger Enterprise Solutions is to enable the digital assets industry to become a multi-trillion dollar industry globally. Ledger Enterprise Solutions provides enterprise-grade security technology solutions and services for custodians, exchanges, banks, and traditional financial institutions. For more information: please visit https://enterprise.ledger.com.

About Delchain

Delchain is a full-service and licensed financial firm supporting a wide range of services that connect the world of blockchain and cryptocurrency to the regulated world of financial services. Delchain's services include multi-currency fiat banking, digital asset custody, capital markets, initial offering advisory, and staking.

Delchain Limited (Delchain) is a licensed Financial Corporate Service Provider, regulated by the Securities Commission of The Bahamas. Delchain, which is a part of the Deltec International Group, provides a full suite of financial services to support blockchain institutions and high net worth clients with offices in The Bahamas and Singapore.