#### 1. A custodian A third party that ensures assets are being held securely. Risk Management - Entails the institutional requirement of storing private keys, most often held on: - Hardware Security Modules (HSMs) - Multi-Party Computation (MPCs) custody tech and qualified custodians. Most wallets today offer single key storage. This is problematic for institutions, because it means any member of an investment firm that has access to the private keys has the power to move assets anywhere across networks—a clear security risk. A fundamental institutional need therefore is not just a wallet, but custody, multi-signature, or MPC to ensure a secure signing process. - [Gemini](https://www.gemini.com/custody)** - [Bitgo](https://www.bitgo.com/) (acquired by [Galaxy Digita](https://www.galaxydigital.io/)l) - [Coinbase Custody](https://custody.coinbase.com/) - [Anchorage](https://www.anchorage.com/)** - [Kingdom Trust](https://www.kingdomtrust.com/institutional-custody/digital-institutional-custody) - [Bakkt](https://www.bakkt.com/) - [Fidelity](https://www.fidelitydigitalassets.com/overview) - [PrimeTrust](https://www.primetrust.com/) - [Fireblocks](https://www.fireblocks.com/#)* #### 2. A Fund Admin - [MG Stover](https://www.mgstover.com/) - [Northern Trust](https://www.northerntrust.com/united-states/home) - [NAV Consulting](https://www.navconsulting.net/fund-administration-cryptocurrency-funds) - [Theorem](https://www.theoremfundservices.com/theorem-fund-services-named-a-premier-crypto-fund-administrator/) #### 3. Legal - [Sidley](https://www.sidley.com/en/us/) - [Cole-Frieman & Mallon](http://www.colefrieman.com/) - [Sadis](https://www.sadis.com/) - [Cooley](https://www.cooley.com/) #### 4. Auditors - [Mazars](https://www.mazars.com/) - [Akram](https://www.aifundservices.com/cryptocurrency-fund-audit.php) - [Richey May](https://richeymay.com/) - [Cohen & Co.](https://www.cohencpa.com/industries/digital-assets) - [Lukka](https://www.lukka.tech/)* #### 5. Access - MetaMask #### 6. Access