# kaal:claim:3936876-003

**Claim.** Without the ability to rely on proven custody providers, mainstream and legacy institutional investors are restrained from making digital asset investments for legal or business reasons.

**Type.** condition  **Support.** asserted

**Holds when.**

- applies to mainstream and legacy institutional investors

**Source quote.**

> Without the ability to rely on proven custody providers, mainstream and legacy institutional investors are restrained from making digital asset investments for legal and / or business reasons.

**From.** Wulf A. Kaal, Hayley Howe, *Custody of Digital Assets* (2021), I. Introduction, page 3

**Cite as.** Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876

**Verify.** sha256 of source PDF `9bc0903d01910460298e754c451f027df4324367359800a98ee8e638d94aff55` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Howe%20-%202021%20-%20Custody%20of%20Digital%20Assets.pdf

**Failure mode.** custody gap blocks institutional entry  (family: custody-and-key-loss)

**Topics.** institutional-design, defi, economics, law-and-legal-systems, risk-and-incentives

**Keywords.** institutional-investors, custody, market-access, legal-risk

**Related claims.**

- restates: https://wulfkaal.github.io/claims/3606663-015

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.