Prime Trust is a qualified custodian
A qualified custodian is essential for protecting digital assets. We are a chartered, regulated financial institution and accommodate a wide array of business models. As a qualified custodian, we hold funds in a fiduciary capacity exclusively for the benefit and peace of mind of token holders.
Fully reserved assets
We provide custody of USD, real estate, gold, diamonds, stocks, bonds, and more – and all USD that we custody can be FDIC insured. We ensure that stablecoins and asset-backed tokens are 100% backed by the assets they represent.
In addition, all FIAT backed digital assets in our custody are audited by reputable, third-party CPAs to create further transparency and to support market integrity.
We provide custody for the following assets, and more.
Stocks & Bonds
For a stablecoin customer we create two accounts: an escrow account and a custodial account.
Integration with our API allows the following actions to happen seamlessly:
AML & KYC compliant token minting request after the asset/cash has been received
AML and KYC compliant token burning request along with asset/USD transfer
Charging transactions fees to the end-user during minting or burning tokens
Allows you to see account balances and provide auditors read-only access to the escrow account