Corporate Bitcoin holdings concentrated in few custodians pose systemic risk

As Bitcoin’s (BTC) appeal as a treasury asset grows, Casa co-founder and CSO Jameson Lopp assessed that concentrating the amount of BTC on a few custody service providers might pose a systemic risk...

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Corporate Bitcoin holdings concentrated in few custodians pose systemic risk

Source: CryptoSlate

As Bitcoin’s (BTC) appeal as a treasury asset grows, Casa co-founder and CSO Jameson Lopp assessed that concentrating the amount of BTC on a few custody service providers might pose a systemic risk. Lopp said: “The ‘Bitcoin Corporate Treasury’ narrative is a footgun if it’s not accompanied by the sovereignty via self custody narrative. Number […]