The Marriage of Crypto Cost Storage and Real-World Assets

June 20, 2019 | Digital Assets, News

Locking your crypto-currency in a USB stick is so yesterday.

Cold storage is about to get a major shakeup in the cryptocurrency markets.

A new avenue has opened for alternative investing. It’s the marriage of digital currency with tangible and valuable assets. There already is a designer watch that acts as deep cold storage for crypto wealth.

In the future, this trend may extend to art, luxury accessories and fine jewelry.

What is deep, cold storage?

Investors often hold crypto assets offline to safeguard from hacking and system failures. This is easily done by saving the crypto-currency wallet on a USB stick that is never plugged into an online machine or system.

Deep, cold storage goes a step further by adding another layer of physical security. For example, you might want to deposit the USB stick in a safe deposit box.

Instead of a safe, use an alternative physical asset

The new deal is to tie the USB stick to a wearable such as jewelry or accessory through an unhackable private key generated offline using random numbers.

Today you can buy limited edition art prints that function as deep cold storage wallets with QR codes and private keys. Future art collections could be the ‘avatars’ of today’s USB wallets.

These investors could gain from both appreciation in the wallet value and the value of the contents.

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
December 7, 2023     Artificial Intelligence, News

Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…
Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
December 7, 2023     Digital Assets, FinTech, News

Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…
FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
December 7, 2023     FinTech, News

Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…
Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
December 7, 2023     ESG and Sustainability, News, Venture Capital

Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…