KODA offers secure digital asset custody services for institutional clients, utilizing cold wallet storage and a multi-signature system to ensure that assets remain protected even if a key is lost or compromised. The platform provides comprehensive compliance support, including legal and accounting advisory services, to facilitate safe and efficient management of digital assets in accordance with regulatory requirements.
Funding
Funding not disclosed
Founders
Product
Problem
Institutional investors face significant challenges in securely storing and managing digital assets due to the risks of key loss, theft, and regulatory non-compliance. Existing custody solutions may lack the robust security infrastructure and comprehensive compliance support required to meet institutional standards.
Solution
KODA provides a secure digital asset custody solution tailored for corporations and institutions, ensuring the safety and regulatory compliance of digital assets. Assets are secured using cold wallet storage, which keeps them completely isolated from internet-based threats. The platform employs a multi-party computation (MPC) system, eliminating the single point of failure associated with traditional key management and enabling asset recovery even if a key is lost or compromised. KODA also offers comprehensive legal, accounting, and tax advisory services, alongside guidelines for decision-making and disclosures related to digital asset custody.
Target Audience
KODA primarily targets corporations and institutional investors seeking a secure and compliant solution for storing and managing their digital assets.
Features
- Cold wallet storage: Digital assets are stored offline, completely isolated from internet-based threats.
- Multi-party computation (MPC): Distributes key management across multiple parties, eliminating single points of failure.
- Role-based access control: Allows granular permission management based on job function.
- Comprehensive asset management: Provides a clear view of asset holdings, transaction history, and approval workflows.
- Two-factor authentication and IP whitelisting: Enhances security for corporate asset information.
- Support for various blockchain networks: Including Bitcoin, Ethereum, Solana, Polygon, Binance Smart Chain, Arbitrum One, Base, Klaytn, XPLA, Over, Story, Core, and Bzeo.
- ISMS certification: Demonstrates compliance with stringent information security standards.
- VASP registration: Registered as a Virtual Asset Service Provider.