Polysign

Polysign

Secure institutional custody for digital assets

Overview

PolySign provides infrastructure for institutions to securely custody and transact digital assets, with a focus on capital markets and payments. Its offering centers on a private third-generation blockchain designed by Arthur Britto and David Schwartz, aiming to deliver high-security, compliant digital asset management. The product suite includes secure custody and transaction services that integrate with existing financial systems, catering to banks, investment firms, and other financial institutions while adhering to regulatory standards. Unlike typical platforms, PolySign emphasizes institutional-grade security, seamless integration, and professional custody capabilities, supported by leaders with deep experience in both financial services and blockchain. The company’s goal is to accelerate the global adoption of digital assets by providing trusted infrastructure for institutions to manage and move digital assets securely and compliantly.

Significant Headcount Growth

About Polysign

Simplify's Rating
Why Polysign is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Fintech

Cybersecurity

Crypto & Web3

Financial Services

Company Size

11-50

Company Stage

Series C

Total Funding

$153.9M

Headquarters

Oakland, California

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • Appointed Chuck Ocheret as CTO with 35 years in hedge fund trading infrastructure.
  • Raised $53M Series C in April 2022 from Cowen Digital and Brevan Howard.
  • Secured $25M credit facility from Boathouse Capital to fuel expansion.

What critics are saying

  • SEC enforcement against Ripple co-founders Britto and Schwartz triggers client exodus.
  • Fireblocks erodes market share with 1,800 clients and superior MPC custody.
  • Fidelity Digital Assets undercuts fees with $10T AUM TradFi integration.

What makes Polysign unique

  • Proprietary third-generation private blockchain designed by Arthur Britto and David Schwartz.
  • Patented systemic security enables best-in-class custody and transactions for institutions.
  • Integrates custody, trading, and administration via MG Stover acquisition.

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Funding

Total Funding

$153.9M

Above

Industry Average

Funded Over

6 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

8%

1 year growth

8%

2 year growth

0%
Bitcoinist
Oct 19th, 2023
Ripple And German Investment Firm Join Forces To Boost XRP Ledger

In an effort to advance the growth and adoption of the XRP Ledger (XRPL), Ripple Labs Inc. has partnered with Frankfurt-based Tokentus Investment AG, an investment company specializing in the blockchain sector.

CrypLogger
Jun 3rd, 2023
Cowen Investment Bank to Close Cryptocurrency Division – CrypLogger.com

Recall that in May 2021, Cowen invested $25 million in PolySign, the parent company of Standard Custody.

FF News
Mar 29th, 2023
Polysign Appoints Tech Industry Veteran Chuck Ocheret As Chief Technology Officer

PolySign, a leading provider of blockchain-enabled digital asset infrastructure for institutional investors, today announced the appointment of Charles (“Chuck”) Ocheret as its new Chief Technology Officer to oversee the next stage of its growth and technology development.Ocheret brings with him over 35 years of software engineering experience across the finance, multimedia, and scientific industries. He has previously run technology, architecture and development at tier one hedge funds and investment banks where he has held responsibility for algorithmic trading, program trading, index and statistical arbitrage, automated market making, order management, trade warehouses, research platforms, as well as client and market connectivity for some of the most successful and highest-volume trading operations in the world.He has presented on Distributed Ledger Technologies (DLT) and Cryptocurrencies in Financial Services to the United States House Committee on Agriculture and has served on the US Commodity Futures Trading Commission’s Technical Advisory Committee (CFTC TAC) providing recommendations around DLT, Artificial Intelligence, Cloud and Cybersecurity. He has also served on the CFTC TAC Subcommittee on DLT and Market Infrastructure.Commenting on the appointment PolySign CEO Jack McDonald said: “We’re thrilled to have Chuck join our senior leadership team as CTO of PolySign. With the various product initiatives we have underway at PolySign, Standard Custody and MG Stover, it was critical for us to find a professional of Chuck’s caliber and expertise in scaling infrastructure, coupled with his blockchain and digital asset experience.”Charles Ocheret Chief Technology Officer at PolySign said, “I’m humbled to be joining this talented team who share a brilliant vision for transforming the digital assets landscape. The most exciting projects for me are those with a large outward-facing impact on a global audience. What PolySign is doing will eliminate friction and obstacles for the digital assets industry

Fintech World Post
Mar 29th, 2023
PolySign announces appointment of tech industry veteran Chuck Ocheret as Chief Technology Officer | Fintech World Post

PolySign, a leading provider of blockchain-enabled digital asset infrastructure for institutional investors, today announced the appointment of Charles (“Chuck”) Ocheret as its new Chief Technology Officer to oversee the next stage of its growth and technology development.

Mondo Visione
Mar 3rd, 2023
MG Stover Wins Hedgeweek’s Best Administrator-Technology Award

MG Stover, the leading and longest tenured fund administration firm for digital assets and a subsidiary of PolySign, Inc., has won Best Administrator - Technology in Hedgeweek’s US Digital Assets Awards.

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