Digivault, a leading digital asset custody provider and Asset Reality, the world’s first end-to-end solution for recovering, managing and realizing seized crypto assets, today announced a new partnership aimed at making the digital asset ecosystem safer by assisting global law enforcement agencies and victims of cybercrime with asset recovery.

Although crypto prices have soared and bullish market sentiment has increased global participation to over 221 million users, it is still susceptible to hacking or phishing that results in billions of dollar losses each year. An important defense against asset theft is digital assets stored securely.

Digivault & Asset Reality have joined forces to offer their combined industry knowledge to assist law enforcement agencies in reducing victims’ losses and minimizing harm. The task of recovering and investigating crypto assets can be difficult. As part of the partnership, Digivault will support Asset Reality’s law enforcement clients by providing their best-in-class, secure storage for seized digital assets.

Digivault, as part of the Nasdaq listed EQONEX Group (Nasdaq: EQOS) was purpose-built to deliver the industry’s most secure, compliant custody solution for digital asset holders. In May 2021, it set the standard, as the industry’s first standalone FCA registered custodian. It conforms to all security standards of institutional grade.

Asset Reality, a team of experienced crypto asset recovery professionals, was launched in 2020 to assist law enforcement agencies and clients from the public and private sectors in managing complex assets recovery processes, which includes investigations, management, and realization.

Robert Cooper, Digivault CEO, commented on the partnership.

Digital assets, and the infrastructure technology that supports them, offer investors and financial professionals tremendous potential. Our business was built to take advantage of that opportunity. We worked with regulators in lifting industry standards to set new security benchmarks and improve the security of our clients’ assets.
Asset Reality’s partnership with us reflects our commitment to solving security problems and working with industry partners to find solutions to help crime victims, law enforcement officers, and others through recovery with comfort.
Aidan Larkin, Asset Reality co-founder said

Global law enforcement agencies are facing unexpected challenges due to the rapid growth of digital assets. They have to deal with diverse levels of regulation and unscrupulous actors, as well as a new user community that may not be aware of potential risks. Although blockchain analysis tools can help build trust in blockchains and other digital assets, both public sector and private sector clients have difficulties managing confiscated assets like cryptocurrency.
It was only by looking at this new challenge that we realized there wasn’t a solution. Asset Reality is moving forward with its mission to make crypto safer, fairer, and more transparent by combining in-house experience in crypto investigations. It makes it easier to partner with Digivault and gain from the knowledge they have.
Digivault and Asset Reality are part of the new partnership. Together, they will drive industry awareness, as well as advocate for industry compliance standards.

We seek partners who share our focus and ethos, so that we can all play an important role in moving the industry forward. Digivault is part of the EQONEX Group and provides a critical component to our efforts for victims of crime, law enforcement, and other stakeholders. We are eager to expand our joint efforts to educate and advocate to improve the industry.”
said Hugo Elliott, co-founder Asset Reality.

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