How it Works
With custody wallets, Tungsten holds the keys and keeps them in cold storage, isolated from the internet. To move funds, you must initiate a transaction with the Tungsten team and pass security checks.
Features
Bank-Grade Secure Storage
Our cold storage solutions are fortified across multiple locations, ensuring unparalleled protection for your assets.
Round-the-Clock Withdrawals
You can access your funds anytime with the assurance of a 24-hour customer portal for client requests
Rigorous Identity Verification
Benefit from our comprehensive identity verification process, designed to maintain the highest levels of safety through detailed procedures and controls.
Address Whitelisting
Enhance security by pre-approving specific addresses for the sending and receiving of assets, ensuring transactions are always authorised.
Velocity Controls
Implement caps on asset movement within specific timeframes to prevent unauthorised large-scale transfers.
Customisable User Policies
Tailor roles and permissions at an individual level, establishing a clear delegation of authority for operational integrity and control.
Easy to use
Our secure client portal streamlines custody wallet management, facilitates access to valuable data and insights, and offers a diverse range of powerful tools for you and your team.
Compliance
The UAE's forward-thinking stance offer investors both regulatory clarity and effective mitigation of geopolitical risks. Storing your digital assets with Tungsten in the UAE ensures confidence and security in a dynamic market landscape.
Security
Tungsten's relentless commitment to security harnesses best-in-class, next-generation hardware security modules (HSMs) adhering to the industry's highest standards for multi-signature approvals. Our custody wallets are securely offline (cold), significantly minimising exposure to potential hacks. Additionally, Tungsten implements rigorous physical access controls akin to bank-grade security protocols.
Governance
Tungsten’s Trust Office ensures precise client request execution and combats financial crimes using advanced monitoring tools. Our asset management strategy involves a robust segregation of duties among staff to reduce risks. We have disaster-proof backups in dual locations and maintain reserve capital, backed by our sovereign wealth owner, for financial stability. These measures provide clients with confidence in the secure management of their virtual assets.
Insurance
Tungsten provides extensive insurance coverage for all customers, including a specie policy from Arch safeguarding vital backup materials like administrative devices and backups against physical damage, theft, and internal risks. Additionally, clients can enhance their coverage by up to USD 1 Billion.
