Relevant to
✅ App ✅ Website ✅ Capitec Widget
The underlying Crypto Assets of the EC10 Bundle are stored as follows:
- Targeted 70% - 80% of the total value of Crypto Assets are placed in deep cold storage, in the name of First World Trader Nominees RF Proprietary Limited (“FWT Nominees”), with US regulated custodian, BitGo Trust, in a highly secure, multi-signature and insured facility ($100m). Find more info on this here.
- Targeted 10% - 20% of the total Crypto Assets are placed under the control of FWT Nominees and placed in a multi-signature cold storage custody solution in a bank vault. These funds are more readily available than the deep cold storage assets for liquidity purposes.
- Targeted 10% - 15% of the total Crypto Assets are held in accounts on Crypto Asset exchanges for immediately liquidity.