Other Digital Asset Services

Develop and operate specialised or emerging digital-asset services beyond the core licensing categories, with a regulatory pathway tailored to your business model, technology and proposed activities.

Custody — Licence: Providing Custody of Digital Assets

Requirements

  • Client assets held on statutory trust, segregated from firm assets
  • Secure key management — cold storage, multi-sig or MPC
  • Regular reconciliation and independent assurance

Collateral

Client assets are ring-fenced and stay outside the firm's estate in insolvency (CAR Part VIII).

Governing law

CAR Part VIII — custody and statutory trust

Timeline

Licence decision within 30 business days of a complete application

Indicative cost

Crypto-activity licence from USD 2,500 (starting fee)

Talk to the Regulator

A growing
ecosystem

The zone gives you the rails, partners and a place to test.

Regulatory sandbox

Test a new model live for up to 24 months under an Innovation Testing Licence.

Ecosystem partners

Custody technology, smart-contract audit, oracles, nodes and KYC providers.

Partner programmes
— planned

As the zone grows, we plan support programmes with ecosystem partners, including credits and services for qualifying projects.

Concierge onboarding

A personal account manager and full legal, tax, IT and HR outsourcing.

Ready to establish your digital-asset
business in Tamchy SFIT?

Discuss your business model with the Financial Regulator to establish the regulatory route, permissions, and application
requirements before you begin your setup.

Start Your Setup