Safeheron Executive Says Institutions Can Retain Control of Crypto Assets

Safeheron executive Adam Dai said institutions using the company’s self-custody model can retain control over their digital assets while setting permissions, transaction approvals and transfer policies. He described those controls as part of how institutions can manage custody.

“We can never control your assets. You have 100% control over your assets,” Dai said. He is Safeheron’s general manager of East Asia.

Safeheron uses multi-party computation (MPC) wallets. The company also makes code for its MPC and trusted execution environment frameworks publicly available. Dai said transaction history alone cannot establish how secure a custody service is, and pointed to technical reviews and testing as part of an institution’s evaluation.

Safeheron has served more than 260 institutions since 2021, with more than $300 billion in assets transferred as of August 2026.

Dai said he had seen growing institutional interest in stablecoins for payments and settlement over the previous 18 months. “I think the shift is already happening,” he said.

He also cited inconsistent anti-money-laundering and know-your-customer checks as a challenge. Dai said a USD Coin (USDC) transaction could pass one institution’s checks and fail another’s.