Company Research Report: Rakkar Digital

Company Overview

• Name of the Company: Rakkar Digital

• Mission of the Company: To provide ultra-secure digital asset and crypto custody solutions with full segregation and unparalleled agility in service, driving financial institutions into the digital finance era with security, compliance, and unmatched performance.

• Founded: No information is available.

• Founders: No information is available.

• Key People:

• Founder & CEO: Arthit Sriumporn

• Chief Security Officer: Thomas Kung

• Head of Product: Minh Tran

• Head of Operations: Pasit Chaijirapaisarn

• Headquarters: Rakkar Digital operates multiple offices:

• Singapore: SIF Building, 96 Robinson Road #17-02, Singapore 068899

• Thailand: 2525 FYI Center Building 1, 3rd Floor, Rama IV Road, Bangkok 10110

• Hong Kong: Infinitus Plaza, 199 Des Voeux Road Central, Level 35, Sheung Wan, Hong Kong

• Vietnam: 87A Ham Nghi Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City

• Number of Employees: No information is available.

• Revenue: No information is available.

• What the Company is Known For: Rakkar is known as Asia's leading qualified digital asset and crypto custodian for institutions, backed by Siam Commercial Bank's venture arm, SCB 10X.

Products

• Digital Asset Custody:

• Description: Provides secure, segregated, and insured digital asset custody solutions using advanced MPC-CMP technology, hardware isolation, and bank-grade security installations with certifications such as SOC 1, SOC 2, and ISO 27001.

• Key Features:

• Full segregation and insurance of assets

• Utilizes ultra-secure MPC-CMP technology

• Certification with SOC 1, SOC 2, and ISO 27001

• Capital Deployment:

• Description: Offers capital deployment solutions to maximize capital efficiency while ensuring security and compliance.

• Key Features:

• Ability to deploy assets directly to tokenized RWA, staking, and DeFi

• Support for over 1,000 tokens and 40 blockchain networks

Recent Developments

• Recent Developments:

• Partnerships & Licenses:

• Secured Thailand's Digital Asset Custodian License and Trust License in Hong Kong.

• Partnered with Aspire to guide next-generation founders into the future of digital finance.

• Collaborations include Ondo Finance for the first APAC Custodian partnership, integration with Kiln for ETH staking, and strategic collaboration with Gemini.

• New Products and Features:

• Launched new custodial packages for startups aimed at democratizing digital asset security.

• Added custody support for Injective Network & INJ, enhancing institutional DeFi participation.

• Expanded custody support to include 10 new digital assets, reinforcing secure management capabilities.

• Certifications and Achievements:

• Achieved security excellence with ISO/IEC 27001:2022 certification and SOC 1 Type 1 Security Audit.

• Acquired SOC 2 Type 1 and 2 attestations, ensuring top-tier compliance and operational standards.

• New Partnerships:

• Appointed as a digital asset custodian by Waan Exchange and recognized as the custodian for Thailand's largest crypto exchange, Bitkub.

• Partnered with Figment and OpenEden to enhance the custodian ecosystem in APAC.

This professional report presents a comprehensive overview of Rakkar Digital, highlighting its products, leadership, recent developments, and strategic partnerships within the digital asset and crypto custody industry.