Swan Changes Custodians, Promises Multisig Cold Storage For Clients In Coming Months

“Earlier this year Swan began working to dramatically accelerate redundancy and independence across compliance, settlement, and custody.””Starting May 26th, 2023, all Swan client assets were transferred to our new qualified custodians, BitGo Trust Company and Fortress Trust.””You will see significant improvements to the Swan experience over the coming months, including:

– Returning services to all 50 states (we’re coming back soon to CT, HI, NC, SD, TX and yes, New York).
– Multi-signature cold storage for all users, with the ability to view your Bitcoin directly on-chain.
– Up to $250M Bitcoin insurance coverage against loss, theft, and misuse.”

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