Custody

How DEFI MINT stores your assets

Custody is an important consideration in Real Asset Tokenization. It refers to the safekeeping of the underlying assets that are being tokenized. DEFI MINT ensures that the assets are secure and properly maintained, and that the rights of the token holders are protected.

1. Security: The security of the assets is critical DEFI MINT has implement appropriate security measures to protect all assets from theft, damage and loss. This involves storing the assets in secure facilities (FIREBLOCKS), surveillance and access control measures, and using insurance to mitigate risk.

2. Maintenance: The assets are properly maintained in order to ensure their value is preserved. For example, real estate assets require regular maintenance and repairs, while artwork may require climate-controlled storage to prevent damage.

3. Compliance: DEFI MINT also ensures that they are compliant with all relevant regulations. This involves conducting KYC checks on users, monitoring transactions for suspicious activity, and reporting suspicious activity to the relevant authorities.

4. Access: Token holders must have access to the underlying assets represented by their tokens. DEFI MINT ensures that the assets are easily accessible and that token holders can redeem their tokens for the underlying assets if desired.

5. Liability: Custodians may be liable for any losses or damages that occur to the underlying assets while they are in custody. To mitigate this risk, custodians may require users to sign waivers and insurance policies.