Our Boerse Wallet now offers Bitcoin custody through a specialized, BaFin‑licensed crypto custodian in Germany: https://portal.mvp.bafin.de/database/InstInfo/institutDetails.do?cmd=loadInstitutAction&institutId=157207
Our Boerse Wallet now enables the secure storage of your Bitcoin keys via our partner Tangany, a specialized and licensed custodian under the supervision of the French financial markets authority. Previously, this type of custody was primarily used by institutional investors. The well‑known alternative was self‑custody, which carries its own pros and cons.
SELF‑CUSTODY
Self‑custody requires a fundamental understanding and expertise in Bitcoin. This is because, during major exchange collapses and frauds, many bitcoins were lost. However, the majority of inaccessible bitcoins result from self‑custodians losing their keys or otherwise losing access to their wallets.
Another major drawback of self‑custody is that privacy and data protection with hardware wallets are not always guaranteed. A prominent example is the large customer data leak at Ledger in 2021. For crypto enthusiasts, this event shattered certain illusions of security and privacy associated with hardware wallets.
INSTITUTIONAL CUSTODY
Institutional investors typically avoid hardware or paper wallets for compliance reasons, instead entrusting their bitcoin to custodians specialized in security protocols. In Germany, alongside large tech firms, banks and BaFin‑licensed crypto exchanges also engage in custody operations. However, the convergence of these various business lines can pose potential challenges for risk management.
BOERSE CUSTODY
Segregation of financial sectors is critical for our custodian. The risks of this form of custody arise not from technical or organizational aspects, but from the business considerations inherent in the custodian’s operations.
The Bitcoin custody service offered by our Boerse Wallet ensures this segregation. Investors and crypto enthusiasts don’t need to worry about the security of their hardware wallet or the confidentiality of their seed phrase. With Boerse, there is no risk of losing your keys or compromising your seed phrase. At Boerse, we are wholly committed to protecting your assets and data. Customer deposits are never used for investments, loans, or other financial activities.
Boerse stands out for its professional Bitcoin custody services.