{
 "@context": "https://schema.org",
 "@type": "DefinedTerm",
 "@id": "https://wulfkaal.github.io/entities/custodians",
 "identifier": "kaal:entity:custodians",
 "name": "Custodians",
 "termCode": "custodians",
 "inDefinedTermSet": {
  "@id": "https://wulfkaal.github.io/entities/index.json"
 },
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
 "dateModified": "2026-07-29",
 "canonicalForm": "https://wulfkaal.github.io/entities/custodians.md",
 "sha256": "f0dea2bdf530a16170ba28150e4990885518434ba2e14b67d3c0c032b8e3ad9a",
 "additionalProperty": [
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   "@type": "PropertyValue",
   "name": "status",
   "value": "derived"
  },
  {
   "@type": "PropertyValue",
   "name": "claim_count",
   "value": 3
  },
  {
   "@type": "PropertyValue",
   "name": "work_count",
   "value": 1
  },
  {
   "@type": "PropertyValue",
   "name": "year_span",
   "value": [
    "2021",
    "2021"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "non_current_claims",
   "value": 0
  }
 ],
 "subjectOf": [
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3936876-029",
   "identifier": "kaal:claim:3936876-029",
   "text": "Custodial service providers spend proportionally less on IT security than non custodial ones: custodians spend between 6 and 10 percent of resources on IT security while non custodial service providers spend between 11 and 20 percent.",
   "abstract": "Notably, custodians spend between 6% to 10% of their resources on IT security while non-custodial service providers spend between 11% to 20% of its resources, both financial and human, on IT security.",
   "citation": "Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876",
   "datePublished": "2021",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": false,
   "scope_conditions": [
    "surveyed cryptoasset service providers in the 2020 benchmarking study"
   ],
   "source_pdf_sha256": "9bc0903d01910460298e754c451f027df4324367359800a98ee8e638d94aff55",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3936876-032",
   "identifier": "kaal:claim:3936876-032",
   "text": "Externally led auditing of digital asset reserves among custodial service providers is declining, falling 24 percentage points relative to the 2018 sample.",
   "abstract": "The report noted this is a 24-percentage point decline compared to their 2018 sample.",
   "citation": "Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876",
   "datePublished": "2021",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": true,
   "scope_conditions": [
    "surveyed custodial service providers, 2020 benchmarking study"
   ],
   "source_pdf_sha256": "9bc0903d01910460298e754c451f027df4324367359800a98ee8e638d94aff55",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3936876-033",
   "identifier": "kaal:claim:3936876-033",
   "text": "Insurance coverage among digital asset service providers is far from universal: 46 percent of surveyed service providers reported not being insured against any risks.",
   "abstract": "46% of service providers surveyed as discussed above reported not being insured against any risks.",
   "citation": "Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876",
   "datePublished": "2021",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": true,
   "scope_conditions": [
    "surveyed cryptoasset service providers, 2020 benchmarking study"
   ],
   "source_pdf_sha256": "9bc0903d01910460298e754c451f027df4324367359800a98ee8e638d94aff55",
   "status": "current"
  }
 ],
 "description": "3 claims in the published works of Wulf A. Kaal carry the concept tag 'custodians'. Derived node: a roster, not an adjudicated definition."
}