Orbix CUSTODIAN, Thailand’s first licensed digital asset custodial wallet provider under the Ministry of Finance and regulated by the Securities and Exchange Commission (SEC), has officially launched its services on March 11, 2025. The company aims to enhance Thailand’s digital asset infrastructure to compete on an international level.
Mr. Ken Robert Svensson, Managing Director of Orbix CUSTODIAN Co., Ltd., reveals that the launch of Orbix CUSTODIAN is not only a significant step for the company, but also an important milestone for Thailand’s ambition to become a regional hub for the digital asset industry. The company offers custodian services to digital asset businesses licensed by the Ministry of Finance, utilizing Cold Wallet storage (a system that connects to the network only when transactions are made). It has selected IBM, a global provider of computer and information services, as a partner in utilizing Hardware Security Modules (HSM) technology for encryption keys certified to the FIPS 140-2 Level 4 standard, which is the highest level of encryption key under this standard.
Orbix CUSTODIAN’s services are designed to be flexible to accommodate clients’ requirements, allowing them to configure transaction approval settings to suit their business needs. The company offers its product both as a web-based application for transaction initiation and a mobile application for transaction approval, enhancing user convenience. Additionally, clients can seamlessly integrate their own digital asset storage systems with Orbix CUSTODIAN’s key management system on a Plug & Play basis. The platform’s flexibility also supports a variety of digital assets and can expand its asset offerings based on clients’ requirements.
Mr. Pisut Darmaraksa, Co-Managing Director of Orbix CUSTODIAN Co., Ltd., states further that the company emphasizes strongly on good corporate governance principles, including rigorous internal audit standards and oversight by an independent board of directors to ensure transparency. This governance framework applies to both affiliated and non-affiliated digital asset businesses. Orbix CUSTODIAN also carefully selects highly specialized team of professionals with expertise in relevant business sectors.
Moreover, the company offers competitive and cost-effective service fees while maintaining fairness and equal treatment for all clients. By helping digital asset businesses reduce costs without compromising security measures, Orbix CUSTODIAN aims to strengthen the competitiveness of Thailand’s digital asset business operators. The company’s mission is to generate maximum benefits for both investors and the nation. This will serve as an important step for Thailand’s digital asset industry, laying the foundation for the country to become a regional hub for blockchain technology and digital assets.
Orbix CUSTODIAN is committed to being a trusted partner in the digital asset industry. For inquiries regarding fees or services, please contact +66 (0)2-161-4888, email contact@orbixcustodian.com, or visit the company’s website:
www.orbixcustodian.com.
Note: Digital assets involve risks; investors should study information carefully and make investments according to own risk profile.