The Vault launches SaaS custody platform for institutions

The Vault has launched a software-as-a-service version of its digital asset custody platform for institutional clients globally.

The new offering gives financial institutions, asset managers, family offices, payment providers and digital-asset businesses a cloud-delivered option built on the same custody engine as its hybrid and on-premise systems. Clients can later move to a hybrid or on-premise setup without reimplementing the system or carrying out a new key ceremony, according to The Vault.

The launch is aimed at addressing a longstanding trade-off in institutional digital assets. Firms entering the market have often had to rely on an external custodian or spend months building in-house infrastructure, with each route carrying different operational and risk considerations.

The Vault said its SaaS platform uses threshold multiparty computation cryptography to split keys into separate shares rather than assembling them in one place. Transaction signing takes place inside hardware-isolated trusted execution environments, which sit outside the reach of the host operating system and the company's own operators, it added.

Each asset movement also requires a regulated entity to be part of the approval quorum, according to the company. That means no single party, including The Vault itself, can move or freeze client assets on its own.

Deployment choice

The Vault is pitching the service on flexibility as well as cost. It said the SaaS model comes with fixed pricing and does not charge percentage-based custody fees, unlike many conventional arrangements in digital asset custody.

Each wallet operates as its own instance rather than through pooled infrastructure, the company said. Approvals, counterparty anti-money laundering screening and policy checks are applied before a transaction is signed rather than after a transfer has already taken place.

Another part of the system focuses on how institutions handle transaction approvals. The Vault said its mobile signing setup lets each approver act as an independent member of the approval quorum from their own device, rather than relying on a shared desktop session or hardware token.

The approach is designed for treasury teams and other institutional users that need multiple parties to authorise asset movements across locations. Each action is cryptographically tied to the session that created it, and device-integrity checks are carried out before sensitive processes begin, according to The Vault.

Recent integrations

The launch follows a year of integrations intended to expand what clients can do without moving assets outside the custody environment. The company said it added confidential stablecoin settlement through Hinkal's privacy smart contracts and integrated non-custodial validators from P2P.org for Ethereum and TRON staking while assets remain segregated under client custody.

It also launched a joint advisory programme with security firm Halborn focused on independent validation of institutional infrastructure. The moves indicate The Vault is seeking to position its custody platform as a broader treasury and operations layer for institutions active in digital assets.

The company describes itself as a Swiss and EU regulated institutional infrastructure provider for digital assets. Its customer base includes corporate treasuries, financial institutions, family offices and payment providers, and it offers SaaS, hybrid and on-premise deployment models.

Artem Stopnevich, Chief Executive Officer of The Vault, said the new product is intended to remove a choice many institutions have faced when entering digital assets.

"Institutions have been asked to choose between moving quickly on someone else's infrastructure and moving slowly on their own. That has never been a technical constraint. It suits vendors whose clients cannot leave. SaaS Custody uses the same MPC engine, the same TEE-isolated signing and the same co-signer quorum as our on-premise product. A client can be live this month and can take the whole setup in-house on the day their board or their regulator asks for it," Stopnevich said.