Leverages Fireblocks, a global leader in digital asset security to set new benchmarks in institutional custody

CoinSwitch, India’s largest crypto investment and trading platform,
today announced the launch of a crypto custody solution, DigiVault, purpose-built for High-Net-Worth
Individuals (HNIs), Family Offices, Institutions, and for Web3 Enterprises to build next generational
applications.

As crypto adoption accelerates in India, participation is expanding beyond retail and emerging use cases
such as tokenization of real-world assets. However, the absence of robust, locally aligned custody
infrastructure has emerged as a critical industry gap. DigiVault is designed to bridge this gap by
combining global-grade security, deep local regulatory alignment, enterprise-grade governance, and
tokenization-ready infrastructure, enabling secure custody for India’s evolving digital economy.

Commenting on this, Mr Ashish Singhal, Co-founder, CoinSwitch said, “Over the last 12–18 months,
we’ve seen a clear shift in India’s crypto ecosystem as it enters a more mature phase, driven by
increasing participation from HNIs, family businesses, and enterprises. Regulatory clarity is improving,
enterprise interest is rising, and custody has become foundational. At the same time, tokenization is
emerging as a powerful new use case. With DigiVault, we are building core digital asset infrastructure
for India to empower the next phase of responsible crypto adoption. Though retail remains central to
CoinSwitch’s ecosystem, with DigiVault we are expanding the platform’s capabilities to serve HNIs,
Family Offices, Institutions, and Web3 enterprises.”

He added, “This infrastructure was initially built to serve our internal requirements, as India’s largest
crypto platform. However, growing demand from our HNIs, Family Offices and Institutional clients for a
secure, compliant, and India-first custody solution led us to open this platform externally”.

Built India-first, DigiVault focuses on aligning custody infrastructure with Indian regulatory
expectations and enterprise governance standards, while maintaining global security benchmarks.
DigiVault has collaborated with Fireblocks, an enterprise platform for secure digital asset custody.
Having secured over $10 trillion in digital asset transactions across more than 150 blockchains,
Fireblocks leverages advanced Multi-Party Computation (MPC) technology to eliminate single points of
failure and deliver industry-leading protection against evolving cyber threats.

For individuals and HNIs, DigiVault enables long-term secure storage and controlled withdrawal
mechanisms. For institutions, including corporates, funds, and family offices, the platform offers
advanced treasury management, policy-based controls, multi-level approvals, and audit-ready operational processes. For Web3 builders and developers, DigiVault provides custodial wallet infrastructure and APIs to support faster, safer, and more efficient product development, backed by round-the-clock local
customer support.

Additionally, with growing demand for tokenization, DigiVault also enables partners to securely
onboard assets, tokenize, distribute, and manage the entire lifecycle on a single, integrated platform,
simplifying operations while ensuring security, compliance, and scalability. DigiVault follows a compliance-first approach and adheres to FIU-IND guidelines and India’s PMLA
requirements, with strong KYC, AML, transaction monitoring, and audit-ready reporting frameworks to
ensure secure and transparent crypto operations for institutions and HNIs.

The launch of DigiVault marks a strategic step for CoinSwitch toward building a full-stack crypto
platform spanning investing, trading, and institutional-grade custody. With this, the platform aims to
establish a trusted custody backbone for India’s digital asset economy.