A crypto asset wallet allows you to store, send, and receive cryptocurrencies plus other digital assets. Fundamentaly, a crypto asset wallet is needed to participate in the crypto asset markets.
With a self-custody wallet or non-custodial wallet, you maintain possession of your private keys. A custodian is a 3rd party qualified party who controls your private keys. This means you would have to trust the 3rd party to safeguard and grant you access to your own assets.
Historically, some investors opted for 3rd party custodians over maintaining their own wallets, because it appeared to be less hassle. Strike’s self-custody wallet is easier to use than any 3rd party custodial solution, and doesn’t require trust in a 3rd party, which means you maintain autonomy and agency over your assets.
An enterprise wallet should be able to satisfy the requirements of any institutional investor, ranging from a family office to a global bank. It must have impregnable security so that any amount can be stored safely, and it must scale to organizational requirements and processes.
The Strike Network integrates authenticated connections to 25 top global exchanges. Of course, simple access to additional exchanges, per customers’ requests, can also be arranged rapidly.
Yes. Strike is integrated with both Silvergate and Signature. Customers complete a simple authorization form, and their Signet or SEN account is fully accessible via Strike for instant fiat transfers and settlements.
Numerous OTC dealers have joined the Strike Network. Access the counterparties of your choice and connect to them seamlessly through Strike network connections. If your preferred counterparty is not on the Strike Network, it’s simple to add them as a destination to your wallet. Our network of dealers, lenders, and lending protocols is growing every day.
There’s no need to install any software (aside from our iPhone app running on the secure enclave). There isn’t even the need to code to our API to harness the full power of our application. And that’s because it’s been designed that way from the start – as a GUI-first experience. You can be up and running in minutes.
There is no need to maintain any hardware in order to use Strike, which is provided to users through our app as a service.
No. When your wallet is created, Strike performs a patented key-signing ceremony that guarantees the safety of your keys that are sharded and distributed to highly secure vault facilities with 24-hour surveillance. The sharding protocol ensures that no single vault or entity has sufficient information to assemble your keys. Your Strike Enterprise Wallet private keys are always yours, and you can retrieve from vault storage at any time.
Strike has partnered with GK8 (gk8.io) world-leading cryptographic security experts, to offer you what is perhaps the world’s safest wallet-as-a-service. The GK8 unique and patented solution is based on a truly air-gapped vault, which is never connected to the internet, and simply cannot be hacked, combined with their patented MPC (multi-party computation) protocols for warm wallets. Users are established and policies are set within the vault itself, isolated from the outside world, and then sent to the MPC servers in a unidirectional connection that can’t be hacked.
Each Strike customer is provisioned with their own air-gapped vault connected to MPC infrastructure.
Strike’s enterprise wallet is built from the ground up to be configurable for client-specific requirements. Our MPC wallet technology supports up to dozens of approvers, or as few as two. Approver requirements can also be customized based on size, frequency or timing of transfer requests.
When your wallet is created, Strike performs a patented key-signing ceremony that guarantees the safety of your keys that are sharded and distributed to highly secure vault facilities with 24-hour surveillance. The sharding protocol ensures that no single vault or entity has sufficient information to assemble your keys. Your Strike Enterprise Wallet private keys are always yours, and you can retrieve from vault storage at any time.
Strike provides an enterprise-grade operation that runs seamlessly 24 hours a day and from anywhere in the world, accessible to anyone within your organization who is a designated user.
The Strike Enterprise Wallet offers highly customizable user permissioning options that fit within your institution’s existing set of processes, procedures and hierarchies.
MPC protocols guarantee the integrity of your operations and allow you to ensure that counterparties, destinations, transfers and settlements are always verified, checked and authorized, and authorized in the most efficient fashion through instant approvals and biometric authentication, anywhere and anytime.
Strike requires all customers to undergo KYC/AML screening as part of the onboarding process. Customers that want to also onboard with Signature or Silvergate must submit additional documentation per US banking regulations.