Client assets handling
Stringent Protocols for the Secure Management of Client Assets.
- The majority of your assets are stored in cold storage and a segregated liquidity account with our liquidity provider. We ensure that no more than 15% of our assets are held in hot wallets.
- Distinct cold wallets are maintained for both company funds and client funds.
- We collaborate with regulated entities, and our counterparties operate under regulations in various jurisdictions, including Cyprus, Estonia, Mauritius, and more. Our wallet infrastructure is supplied by a regulated Business-to-Business provider in Estonia, adhering to EU security standards and AML policies.
- MasteryPeaksAlliance doesn’t have any debt and in the unlikely event of a liquidation client funds should be first inline after expenses to counterparties to be recovered.
What does MasteryPeaksAlliance do with my assets?
Our foremost priority is the protection of client assets, especially in the face of rising threats from hackers and criminals targeting blockchain companies. To safeguard against this, we maintain a conservative amount of funds in our hot wallets, provided by a regulated service provider from Estonia.
We collaborate with a regulated liquidity provider possessing licenses in Cyprus, Mauritius, and Vanuatu. To maintain clear segregation between customer funds and company funds, we utilize distinct cold wallets for each.
We conduct weekly reconciliation reports and make necessary adjustments to the wallets accordingly.
Each client is assigned distinct deposit addresses that operate with smart contracts. Once blockchain confirmation is received, the funds are credited in our system. Subsequently, our smart contracts transfer the funds to the company's hot wallet. This principle is commonly employed by most exchanges. Following this, we transfer a portion of client funds to separate cold wallets to minimize exposure in the hot wallets.
MasteryPeaksAlliance doesn’t have any debt as such the only creditors it might have are providers due to receive money for services provided. In the unlikely event of liquidation clients will be due to receive the remaining funds. Funds in cold storage will immediately be restored to clients after the relevant legal process are completed. If you are categorized as a retail client, any money that we hold on your behalf will be kept in one or more segregated wallets. The Client Funds will be pooled with Funds belonging to other Clients (the ‘Omnibus Account’) and claims will be made against the Omnibus account.
