January 6th, 2025 – Fyntra Group S.A. (“FYNTRA”), a leader in digital asset solutions, is proud to announce the European Patent Office has approved the issuance of its patent (No. 19405007.6) for its Segregated Wallet System. This system is a groundbreaking hybrid crypto custody solution designed to redefine digital asset management for both retail and institutional users.
The Segregated Wallet System bridges the gap between Hot Wallets and Cold Wallets, combining the speed and accessibility of Hot Wallets with the robust security of Cold Wallets. By integrating advanced cryptographic protocols, multi-layered security measures, and innovative system architecture, this solution delivers unmatched efficiency and security for storing, transferring, and exchanging digital assets.
“This patent approval is a major milestone for FYNTRA and reflects our commitment to innovation in digital asset security,” said J.A. Michie, Co-founder and CEO of FYNTRA. “The Segregated Wallet System represents a next-generation solution, empowering users with unparalleled control over their assets without compromising speed or security.”
Key features of the patented system include:
- User-Controlled Private Keys: Ensuring a fully non-custodial setup for maximum asset security.
- Layered Security Approach: Employing firewalls, encryption, and intrusion detection systems.
- Demilitarized Zone (DMZ): A secure buffer connecting online Hot Wallets with offline Cold Wallets.
- Virtualized Environments: Robust isolation of wallets within virtual machines to minimize risks.
The Segregated Wallet System is ideal for individuals and institutions seeking to streamline transactions while safeguarding assets against cyber threats. FYNTRA’s innovation addresses the dual demands of speed and security, providing a reliable and scalable solution for today’s digital economy.
About FYNTRA
FYNTRA empowers businesses to navigate the digital asset landscape with unmatched security, efficiency, and versatility. Our solutions provide a robust foundation for securely storing, transferring, and managing digital assets, ensuring resilience and agility in the face of evolving regulatory and security challenges.
Media Contact:
Tristan Ley
Communications Manager