In the rapidly evolving world of digital finance, secure and compliant crypto wallet solutions are no longer a luxury — they're a necessity. Among the innovators leading this charge is Custonomy, a Hong Kong-based fintech startup that has developed a next-generation digital asset management platform trusted by major financial institutions and professional investors. Built on groundbreaking cryptographic technology and designed with enterprise compliance in mind, Custonomy is redefining how businesses manage cryptocurrencies, NFTs, and Web3 assets with confidence.
From Personal Loss to Industry Innovation
Custonomy was founded in 2020 by a team of seasoned IT professionals — CEO Hung Chiu Hung, Chief Engineer Lam Chi Ho, COO Sasha Hui, and Chief Strategist Choi Kwan Chiu — all of whom previously held key roles at global tech giants like IBM and Oracle. Their journey into crypto security was sparked by a personal setback: each founder lost several Bitcoin to a hacking incident on a centralized exchange.
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That experience became the catalyst for their mission: to build a crypto wallet system that combines military-grade security with user-friendly design. “Leaving high-paying jobs was our biggest investment,” says COO Sasha Hui. “But after losing our own assets, we knew the market needed a better solution — one that protects users without complicating their experience.”
Today, Custonomy’s B2B2C platform is used by institutional clients who demand both robust security and seamless integration with existing financial systems.
Proprietary Security Technology Backed by Global Patents
At the heart of Custonomy’s innovation lies its dual-layered cryptographic architecture: HTSS Hierarchical Threshold Signature Scheme and MPC (Multi-Party Computation). These technologies work together to eliminate single points of failure and prevent unauthorized access — even from insider threats.
Think of it as a digital puzzle: private keys are split into encrypted fragments and distributed across multiple secure nodes. To authorize a transaction, a predefined number of fragments must be reassembled — but never in full view. This ensures that no individual, device, or server ever holds the complete key.
“We stress-tested our system with independent cybersecurity experts playing the role of hackers,” explains Hui. “To date, no one has successfully breached it, and no vulnerabilities have been identified.”
This level of resilience has earned Custonomy patent applications in the United States, United Kingdom, and Hong Kong, positioning the company as one of fewer than ten globally recognized providers of enterprise-grade crypto custody solutions.
Lowering Barriers to Web3 Adoption
One of the biggest hurdles in mainstream Web3 adoption is complexity — especially around private key management. Most users fear losing access or falling victim to scams. Enterprises face additional challenges in meeting compliance, audit, and risk management standards.
Custonomy addresses these pain points with a scalable B2B2C model that allows companies — from banks to NFT marketplaces — to offer their customers a familiar, secure interface for managing digital assets. The platform supports over 30 major cryptocurrencies, including Bitcoin, Ethereum, Solana, Polygon (Matic), and Binance Smart Chain (BSC).
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“Custonomy” itself is a blend of customer and autonomy — reflecting the core philosophy: giving users full control over their wealth without exposing them to unnecessary risk. By abstracting away the technical complexities of blockchain, the platform empowers businesses to enter the NFT and metaverse markets faster and more safely.
Seed Funding Success and Industry Recognition
In late 2022, Custonomy successfully closed a $2 million seed funding round led by strategic institutional investors. Beyond capital, these partners brought invaluable industry networks, regulatory insights, and go-to-market expertise that helped refine Custonomy’s product roadmap.
Since launching commercially in May 2023, the platform has gained recognition through prestigious awards such as:
- The IFTA FinTech Achievement Gold Award 2020
- The ET Net FinTech Awards 2021 – Blockchain Solution Category
These accolades underscore its growing reputation as a trusted solution not only for financial institutions but also for enterprises managing smart contracts, customer loyalty programs, and omnichannel digital campaigns.
Enabling Compliance and Audit Readiness
As digital assets become part of mainstream balance sheets, companies need tools that support transparency and accountability. Custonomy’s system generates immutable transaction records that simplify auditing, tax reporting, and internal compliance checks.
“Many large corporations currently store digital assets in cold wallets,” says Hui. “While secure, these are operationally inefficient. Our solution streamlines access while maintaining control — making it easier to integrate crypto into daily financial workflows.”
With increasing regulatory scrutiny worldwide, having an auditable trail is no longer optional. Custonomy’s architecture ensures that every action is logged, authorized, and traceable — meeting the demands of modern corporate governance.
Expanding Into High-Growth Markets
Custonomy was selected as one of the top ten winners in the Hong Kong Trade Development Council’s (HKTDC) Startup Express 2023 program. This recognition has opened doors to international exposure, strategic partnerships, and government-backed market entry initiatives across Southeast Asia and the Middle East.
The company is now targeting expansion in:
- ASEAN markets like Singapore, Vietnam, and Indonesia
- Crypto-friendly jurisdictions such as Abu Dhabi and Dubai
Upcoming participation in major events like the International ICT Expo, StartmeupHK Festival, and Asia Financial Forum will further boost visibility among potential investors and enterprise clients.
Frequently Asked Questions (FAQ)
Q: What makes Custonomy different from other crypto wallets?
A: Unlike consumer-focused wallets, Custonomy is built for enterprises needing compliance, auditability, and multi-user access control. Its patented HTSS+MPC technology ensures no single point of failure.
Q: Can non-financial businesses use Custonomy?
A: Absolutely. Any company dealing with NFTs, loyalty tokens, or digital collectibles can leverage Custonomy’s B2B2C model to securely manage assets and serve end-users.
Q: Is private key recovery possible if lost?
A: Yes — thanks to its threshold signature system, key recovery is possible without compromising overall security or relying on a central authority.
Q: Does Custonomy support fiat on-ramps?
A: While primarily focused on crypto-to-crypto operations, Custonomy integrates with third-party payment gateways to enable fiat conversion within partner platforms.
Q: How does Custonomy handle regulatory compliance?
A: The platform supports KYC/AML integrations, role-based permissions, transaction monitoring, and detailed audit logs — essential for meeting global financial regulations.
Q: What are Custonomy’s future development plans?
A: The team is preparing for a new funding round in Q4 2025 to expand product features and accelerate global market penetration, particularly in regulated financial sectors.
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With digital asset adoption accelerating across industries, solutions like Custonomy are paving the way for safer, compliant, and scalable Web3 integration. By combining deep technological expertise with real-world user needs, the company is not just building wallets — it's building trust in the decentralized economy.