We do not store any collateral on hot wallets, ever. All storage is done on cold wallet hardware devices distributed across multiple cities and across multiple authorized signing staff. We currently offer two options to securely store your loan collateral.
1. Multi-Institution, Multisignature Address
Our most secure and trusted option, there are three primary key holders to help distribute the trust of your collateral:
- A 3rd-Party Key Agent
- Unchained Capital
- Your Personal Hardware Device Key
To move any stored collateral at this address it will require 2-of-3 keys to sign. This enables all involved parties an added layer of trust and security in one another. Unchained Capital knows the collateral will not move while the loan is outstanding, and you will know that Unchained Capital will not move your collateral because you can verify the address. The 3rd-party agent acts as a mediator.
2. Single-Institution Custody
With a single-institution custody, Unchained Capital will hold all three keys. Again, all keys are held on hardware devices distributed across multiple cities and across multiple authorized signing staff to ensure a high level of security and internal trust.