METACO, the Swiss-based provider of security-critical software and infrastructure for the digital asset ecosystem, has announced a partnership with Brink’s (NYSE:BCO), the provider of total cash management, route-based secure logistics and payment solutions. The deal with Brink’s extends METACO’s institutional digital asset custody services into the physical world through its secure logistics expertise and global network of vault locations. These capabilities provide financial institutions with a segregated, and fully distributed, disaster recovery solution for critical private key recovery backups.
The partnership addresses the challenge for financial institutions to determine best practices to store smart cards and how to implement the right disaster recovery framework. This partnership resolves this uncertainty and brings together a custody platform that ensures “no single point of compromise” in the software and infrastructure stack, with a physical back-up solution that is end-to-end secure and fully distributed to equally ensure no physical and operational “single point of compromise” for key recovery storage and logistics.
Founded in 1859, Brink’s is a global leader in security solutions including the management, storage and transfer of valuable assets for banks, government agencies, central banks, mints and jewelers. Brink’s has an established global network of facilities and operations in 53 countries, with customers in more than 100 countries. Brink’s is growing its digital asset security services in response to growing demand.