Crypto Assets definition
Examples of Crypto Assets in a sentence
Trade Republic itself does not assume custody of Crypto Assets for the Customer.
Crypto Assets are held in centralized wallets by the Crypto Custodian commissioned by the Customer in accordance with its terms of use.
Trade Republic holds the Customer's Securities and uncertificated Securities in custody, with the exception of Crypto Assets acquired by the Customer.
Crypto Assets, on the other hand, are held in custody by a Crypto Custodian in accordance with Clause 11 of the Special Conditions for Trading in Crypto Assets (Appendix 2.5.).
If Trade Republic receives information from the Crypto Custodian or trading venue that affects the Customer's Crypto Assets, Trade Republic will notify the Customer of this information if it may have a significant impact on the Customer's legal position and notification of the Customer is necessary to protect the Customer's interests.