Created on: 10/14/2024
Palisade Blog
London, 14 October 2024: Digital asset custody provider Palisade has entered a strategic partnership with institutional real estate investment platform StegX, with the aim of boosting the development of the tokenized institutional real estate investment sector.
The collaboration will integrate Palisade’s custodial solutions into the StegX investment platform, providing StegX’s global network of asset managers and institutional investors with a secure, licensed solution for storing and managing digital assets. As StegX continues to leverage distributed ledger technologies (DLTs) to streamline the real estate investment process, Palisade’s institutional-grade security and compliance will ensure robust protection of investor assets. The collaboration will also enable StegX to access key institutional DLTs such as XRP Ledger (XRPL) and Hedera for the first time.
Tom Kiddle, Co-Founder of Palisade, said: “Our partnership with StegX brings a new level of security and compliance to tokenized institutional real estate. This collaboration enables clients to invest with confidence and for the sector to grow. This is another step forward in Palisade’s mission to support the institutional adoption of digital assets by providing unparalleled custody solutions.”
Daniel Radwansky, Co-Founder of StegX, added: “This is an exciting step forward for StegX and the asset managers and investors that utilize our service. It is essential that platforms like StegX offer compliant, secure solutions for the evolving real estate sector.”
The announcement follows a period of strong growth for Palisade, which includes a partnership with Circuit to enhance digital asset security, a strategic partnership with CapSign to enhance blockchain-based equity management and investment solutions, as well as joining the DeRec Alliance, a group committed to making the process of securing and recovering digital assets, accounts, passwords, and other secrets as simple as in Web2.
About Palisade:
Palisade is a digital asset custody and wallet infrastructure provider, offering highly secure, compliant, and scalable solutions for businesses operating within the blockchain space. With an emphasis on transaction governance, private key management and regulatory compliance, Palisade enables its clients to safeguard and manage their digital assets confidently. For more information, visit www.palisade.co
About StegX:
StegX is a one-stop-shop ecosystem for institutional real estate investments, leveraging the innovative capabilities of distributed ledger technologies to facilitate global connections between professional asset managers and institutional investors. As a pioneer in institutional marketplace solutions, StegX enables the compliant investing and trading of both traditional and tokenized real estate assets on a multi-chain infrastructure. For more information, visit www.stegx.finance
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Palisade Financial S.A.S. is a French société par actions simplifiée having its registered office located at 229 rue Saint-Honoré, 75001 Paris, registered with the Trade and Companies Registry of Paris under number 922 396 262. Palisade Financial S.A.S. is registered as a DASP (Digital Asset Service Provider) with the AMF under number E2023-82. Any investment in crypto-assets carries risks. Past financial performance does not guarantee future performance.
Investment in digital assets carries a risk of total or partial capital loss and a risk of significant volatility potentially inappropriate for retail clients. Only risk capital that you are willing to lose.