Reference
Crypto-Asset Custody Bridge glossary
Terms used in Crypto-Asset Custody Bridge and its documentation.
Applies to Crypto-Asset Custody Bridge as it works today. Moraph updates the platform continuously, and this page is reviewed when it changes.
Terms used in Crypto-Asset Custody Bridge and its documentation.
| Term | Meaning |
|---|---|
| Ledger of record | The bank's own record of each client's digital asset positions, kept in the Bridge. |
| Sub-custodian | The firm that holds the digital assets under its agreement with your bank. |
| Maker-checker | A control where one person enters an instruction and a different person approves it. |
| Allowlisted address | A withdrawal address registered, verified and approved for a client before it can be used. |
| Reconciliation break | A difference between the ledger of record and the sub-custodian's records. |
| Segregated account | A sub-custodian account that holds one client's assets only. |
| Omnibus account | A sub-custodian account that holds several clients' assets, with each client's share kept in the ledger of record. |
| Travel rule | The requirement to send originator and beneficiary information with certain transfers. |
| Approved asset | A digital asset the bank's committee has approved for clients to hold. |
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