This is a sponsored article provided by Unchained Capital.
Unchained Capital[1] is building the archetype of the future financial institution, form fit for the world of bitcoin. It leverages the strengths of the Bitcoin protocol to offer bitcoin-native financial services, championing the importance of private keys, the benefits of multisignature security and the value a financial partner can provide. Today, most individuals and businesses that hold bitcoin end up at two extremes, either choosing to independently self-custody or relying on a trusted third party as a full custodian. Unchained bridges the gap through collaborative custody, which is designed to combine the control of self-custody with the benefits of a managed financial service. In its view, there is no other way to deliver bitcoin-native financial services.
Collaborative custody allows clients to hold their own private keys, while Unchained participates in the security of Bitcoin by managing a single key in a 2-of-3 multisig quorum. Depending on the service, clients either maintain full control of assets, or distribute control to the extent necessary, dictated by the nature of the service demanded, such as a bitcoin-backed loan. With any bitcoin-related financial service, the most critical component is how the asset itself is secured and accessed. At Unchained, private keys in the hands of bitcoiners matter and everything else follows from that core principle. By eliminating many of the drawbacks of both self custody and third-party custody, Unchained delivers what it believes is the most secure foundation off of which to build all other financial services.
By Bitcoiners, for Bitcoiners
Discussing this philosophy with Bitcoin Magazine, the company’s two co-founders and current executives, Joe Kelly and Dhruv Bansal, emphasized their own personal journeys into bitcoin and how these have impacted the vision of Unchained Capital. What drew the two of
