FAQs

Custody services at BPX focus on the secure safekeeping, administration, and management of digital assets, while client money services involve the segregation and protection of uninvested funds.

• Custody ensures your digital assets are securely held within a regulated framework designed for both traditional and tokenised securities.
• Client money is held in segregated accounts at Barclays Bank UK Plc, separate from BPX’s own funds, and protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per financial institution.
• This separation reduces risk by ensuring your cash holdings are safeguarded independently from asset custody.
• Both services are integrated within BPX’s institutional infrastructure, supporting a seamless investment lifecycle from issuance to trading and lending.

Learn more about our custody and client money solutions in our Services overview and the Risk Warning pages.

BPX ensures client money security by holding uninvested funds in segregated client money accounts at Barclays Bank UK Plc, separate from BPX’s operational funds. Custody of digital assets involves secure safekeeping and administration within a regulated environment.

• Client money accounts are protected by the FSCS up to £85,000 per financial institution, providing compensation protection not available for digital assets.
• Digital asset custody leverages blockchain technology and regulatory compliance to safeguard assets but does not benefit from FSCS protection.
• Both custody and client money services are designed to comply with FCA regulations, ensuring institutional-grade security and transparency.
• This dual approach balances protection for cash holdings and secure management of tokenised securities.

For further details, see our Risk Warning and Services pages.

Client money held by BPX is protected under the UK Financial Services Compensation Scheme (FSCS) up to £85,000 per financial institution, whereas digital assets in custody are not covered by FSCS.

• Client money is held in segregated accounts at Barclays Bank UK Plc, ensuring separation from BPX’s own funds.
• FSCS protection means you can claim compensation if the bank fails or funds are lost.
• Digital asset custody, while regulated and secure, does not have FSCS protection because digital assets are not deposits.
• This distinction is critical for institutional investors assessing risk profiles for cash versus digital asset holdings.

More information is available on our Risk Warning page and in the Services section.

BPX protects institutional investors’ uninvested funds by holding client money in segregated accounts at Barclays Bank UK Plc, separate from BPX’s operational funds.

• These segregated accounts ensure your cash is not commingled with BPX’s assets.
• The funds are covered by the FSCS up to £85,000 per financial institution, offering compensation protection.
• This segregation complies with FCA regulations, providing transparency and security.
• Client money is managed alongside custody services to support the full investment lifecycle.

For more on client money protection, see our Risk Warning and Services pages.

At BPX, custody and client money services are integrated within a single regulated ecosystem that supports the entire securities lifecycle, from issuance to trading and lending.

• Custody services manage the safekeeping and administration of digital assets.
• Client money services handle uninvested funds in segregated accounts, ensuring regulatory compliance and protection.
• This integration enables institutions to trade, lend, settle, and custody assets seamlessly within one platform.
• The combined infrastructure enhances operational efficiency and regulatory confidence for institutional participants.
• BPX’s platform supports both traditional and tokenised securities, bridging legacy systems with digital rails.

Explore how this integration works in our Trading Services and Services pages.

BPX’s custody service is designed to securely manage both traditional and tokenised securities within a unified regulated framework.

• It provides safekeeping, administration, and management of digital assets alongside traditional securities.
• The infrastructure supports digital delivery versus payment (DVP) settlement, enhancing operational efficiency.
• By leveraging blockchain technology, BPX reduces risks and improves transparency for institutional investors.
• This dual capability allows fund managers to tokenize existing funds or launch new digitally native investment funds.
• The custody service is integrated with issuance, trading, and lending, enabling a seamless investment lifecycle.

Learn more about our custody capabilities in the Services overview and Trading Services pages.

Combining custody and client money services at BPX creates operational efficiencies by integrating asset safekeeping with segregated cash management within a single regulated platform.

• This integration supports streamlined settlement, trading, and lending workflows.
• It reduces friction and enhances liquidity by enabling institutions to mobilise assets and cash seamlessly.
• Institutions benefit from a single point of regulatory compliance and operational oversight.
• The composable infrastructure bridges legacy systems with digital rails, future-proofing investment strategies.
• This approach supports a self-reinforcing liquidity flywheel across alternative and digital asset classes.

Details on this integrated infrastructure are available in our Services and Trading Services documentation.

Custody at BPX plays a critical role by securely holding and administering digital assets within a fully regulated marketplace that integrates issuance, trading, and lending.

• It enables institutions to safely participate in tokenised securities and alternative assets.
• Custody services are embedded in the single venue that supports the entire securities lifecycle.
• This integration enhances liquidity and operational efficiency by linking custody with trading and repo lending.
• The regulated environment ensures compliance and investor confidence.

Explore how custody fits into our marketplace in the Trading Services and Services pages.

BPX’s custody service reduces risks by providing secure, regulated safekeeping of digital assets combined with blockchain technology to enhance transparency and operational efficiency.

• Custody is authorised and regulated, ensuring compliance with FCA standards.
• It supports digital delivery versus payment (DVP) settlement, reducing settlement risk.
• The service integrates with trading and lending, minimizing operational fragmentation.
• By tokenising assets, custody helps reduce counterparty risk and improves auditability.
• This risk mitigation supports higher assets under management and investor confidence.

More about risk management is available on our Services and Risk Warning pages.

Yes, BPX’s client money and custody services are designed to work together within an integrated platform that enhances liquidity for institutional investors.

• Client money held in segregated accounts supports efficient cash management.
• Custody services secure digital assets that can be mobilised for trading or lending.
• The platform enables collateral mobility, allowing assets held in custody to be pledged for short-term liquidity without triggering sales.
• This integration supports repo lending and trading, creating a liquidity flywheel.
• Institutions benefit from seamless access to cash and assets, improving capital efficiency.

Details on liquidity enhancement are in our Trading Services and Services pages.