Private Cryptocurrencies
The business associated with asset digitalization has experienced significant growth in recent years. While cryptocurrencies were the starting point, institutions are now creating services and generating new opportunities through “Stablecoins”.
Private cryptocurrencies
The development of new regulations around digital assets provides a framework that was previously lacking. In particular, the MiCA regulation came into force in Europe on January 1, 2025, governing the cryptocurrency and stablecoin markets. MiCA creates opportunities for new services and enables financial institutions to expand their offering to include services such as custody, buying and selling of crypto-assets, advisory services, and payment solutions. Beyond MiCA, many other jurisdictions are developing regulations with the same objective.
The financial sector is moving toward a new horizon, where terms like Bitcoin, USDT, stablecoin, and private key will become part of everyday vocabulary. These innovations are set to create new business opportunities while transforming existing operations across the financial industry.
Management Solutions’ value proposition for digital assets is structured around five key areas of action:
- Business, at two levels:
- Strategic: supporting the definition of service and product strategies, identifying target segments and clients, and establishing partnerships with other ecosystem participants.
- Operational: supporting proof-of-concept execution, operating model deployment, and overall project management.
- Risks and Compliance: developing the risk and compliance framework associated with digital-asset operations, including risk map, policies, procedures, roles, and governance. This also includes designing and implementing the applicable control model, assessing regulatory impacts and identifying required changes, and assisting in preparing the application for authorization to operate from the relevant authority.
- Regulation: assisting entities in the licensing process and in the regulatory adaptation of their processes and documentation, leveraging our deep understanding of regulations and experience with regulatory procedures.
- Technology and Providers: Collaborating in the design of an architecture that is scalable, secure, and integrated with other investment services, and supporting the selection of strategic partners for various services (including custody, RTO, tokenization, transfers, payment transformation, and other related services).
- Human Resources: supporting the design of specialist training processes and participating in training delivery