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How are my funds secured at Stablehouse? 

At Stablehouse, safeguarding your digital assets is our utmost priority. We’ve partnered with Fireblocks, an industry leader in digital asset security, and implemented additional security layers and protocols to ensure maximum protection and transparency for our clients.

  • Why Stablehouse Partnered with Fireblocks

We chose Fireblocks as our technology partner for its multi-layered security approach. Fireblocks uses multi-party computation (MPC) technology, which splits cryptographic keys into multiple parts, making it impossible to compromise a single device. This eliminates any single point of failure from both external threats and internal risks.

  • Asset Segregation for Client Protection

By default, Stablehouse keeps client assets fully segregated from our corporate assets. This separation ensures you can track your assets independently and provides greater transparency on the blockchain. For added protection, clients also have the option of segregated on-chain wallets, allowing independent monitoring and verification of asset status.

  • Bankruptcy-Remote Safeguards

In the unlikely event of bankruptcy, these measures are designed to keep your funds secure and accessible, unaffected by Stablehouse’s financial status. This protection extends even during transfers, such as deposits and withdrawals, maintaining continuous security.

  • Regulated and Audited

Stablehouse operates as a digital asset business under the Digital Assets Business Act 2018, regulated by the Bermuda Monetary Authority. Our regulatory status, combined with frequent security audits, reflects our commitment to compliance and rigorous security standards.

  • Transparency and Monitoring

For ultimate peace of mind, you can monitor the activity of your segregated wallet directly on the blockchain. This transparency allows you to independently verify your asset movements and confirm the safety of your holdings at any time.

In Summary:

  • Fireblocks’ Technology: Industry-leading MPC and SGX technology for multi-layered security.
  • Segregated Assets: Client assets kept separate and verifiable on the blockchain.
  • Bankruptcy Protection: Legal safeguards to keep funds secure and accessible.
  • Transparent Monitoring: Track and verify your funds anytime directly on the blockchain.

Need more information? For any questions regarding fund security, feel free to reach out to us at legal@xbto.com.