Service for Custody of Sovereign Bitcoin Introduced

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With the increasing interest in utilizing Bitcoin as a strategic financial reserve at the national level, a new service has been introduced to facilitate the secure, sovereign storage of .

Service for Custody of Sovereign Bitcoin Introduced0

Casa has launched Praetorian, a custodial service tailored for government entities to safely store Bitcoin designated as sovereign financial reserves.

As stated in the announcement, Praetorian empowers governments to “truly own their reserves.” The service supports the creation of a transparent, verifiable reserve management strategy and reduces systemic risks. Notable features of Praetorian include delegation options for thorough asset management.

The service provides a high degree of security through a custom-designed operational security (OPSEC) model utilizing multi-signature wallets. Casa implements tailored military-grade security measures, including sophisticated hardware security modules (HSM) and swift response protocols. Furthermore, the storage solution incorporates the open-source Sovereign Recovery protocol, guaranteeing asset preservation even if Casa were to discontinue operations.

This service is in line with the growing trend of adopting Bitcoin as a reserve asset, as outlined in a CP Media op-ed.

Сообщение Service for Sovereign Bitcoin Custody Launched появились сначала на CoinsPaid Media.