About Digital Asset Custody
Digital Asset Custody is a Financial Services company based in Secaucus (United States) founded in 2017 by Doug Schwenk, and was acquired by Bakkt in April 2019. Crypto asset custody services are offered to institutional clients. Its chief executive, as recorded, is Doug Schwenk. The company was acqui-hired. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Custodian Services.
Company details
Founded in 2017 and based in Secaucus, United States, the platform operates in the cryptocurrency sector. Secure and scalable custody solutions are provided to institutional clients for various cryptocurrencies. Physical and digital security measures are implemented to protect assets. Operations focus on institutional needs within the fintech industry, supporting asset safeguarding across digital ecosystems.
- Headquarters Secaucus, United States
- Founders Doug Schwenk
- Stage Acquired
- SectorsFinancial Services
- Website digitalassetcustody.com
- Social LinkedIn
- Acquired by Bakkt (Apr 2019)
Investors in Digital Asset Custody
Digital Asset Custody has secured backing from 1 investor. Prominent investors backing the company include Bakkt.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
App-based crypto trading and payment solutions for businesses, institutions, and individuals | 2018 | bakkt.com | Alpharetta, United States |
Investor details for Digital Asset Custody
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People of Digital Asset Custody
1 people are tracked at Digital Asset Custody (1 in leadership).
| Name | Role | Group |
|---|---|---|
Doug Schwenk | Co-Founder & CEO | Leadership |
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Timeline of Digital Asset Custody
2 dated milestones of Digital Asset Custody across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Digital Asset Custody is founded.
- Exit Acquired by Bakkt.
Top companies in Cryptocurrencies
3 companies that operate in the same segment as Digital Asset Custody (Cryptocurrencies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | 1,533 | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 |
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Related news about Digital Asset Custody
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Frequently Asked Questions about Digital Asset Custody
Digital Asset Custody was founded in 2017.
Digital Asset Custody is headquartered in Secaucus, United States. It is registered at Secaucus, New Jersey, United States.
Doug Schwenk is the CEO of Digital Asset Custody, as recorded in our data. They have also founded this company.
Founded in 2017 and based in Secaucus, United States, the platform operates in the cryptocurrency sector. Secure and scalable custody solutions are provided to institutional clients for various cryptocurrencies. Physical and digital security measures are implemented to protect assets. Operations focus on institutional needs within the fintech industry, supporting asset safeguarding across digital ecosystems.
Digital Asset Custody has 1 investor. Key investors include Bakkt.
Yes. Digital Asset Custody was acquired by Bakkt in April 2019.