Cold Storage

In a sentence

The custodian kept most client assets in cold storage disconnected from the internet.

• The custodian kept most client assets in cold storage disconnected from the internet.
• Moving funds into cold storage reduced exposure to online attacks.
• Accessing cold storage required additional approvals and physical security controls.
• The exchange maintained a smaller hot wallet while reserves remained in cold storage.
• Long-term holders used hardware devices as a form of cold storage.