Coinpedia

PrimeVault

PrimeVault company profile covering its founders, security features, team, milestones, investors, and events.

Event OrganiserBlockchain search engine

United Statesprimevault.comFounded 2022

About

PrimeVault is an infrastructure solution provider for digital assets that was founded in 2022 by Prashant Upadhyay, Vivek Kumar, Tanmay Chaudhari, Akansh Jain, and Jay McCarthy. PrimeVault builds infrastructure solutions including the digital asset custody product suite, stablecoin treasury, blockchain network connections, and blockchain network operations. These are designed especially for fintech firms, financial organizations, multinational corporations, and Web3 organizations. They provide infrastructure products for the construction, operations, and scaling of digital asset services. The unique feature of PrimeVault includes programmable vaults, smart trading engines, institutional DeFi connectivity, token life cycle management, and exchange connectivity all together in one workflow engine. PrimeVault Details: Attribute Details Primary Focus Institutional Digital Asset Infrastructure Products Custody, Treasury, Stablecoins, DeFi Infrastructure Supported Blockchains 100+ Annualized Transaction Volume $50 Billion+ Integrations 20+ Uptime 99.99% Signing Speed <2 ms Security Incidents 0 Reported Best For Financial Institutions, FinTech Companies, Crypto Exchanges, Stablecoin Issuers, Enterprises, Web3 Foundations, and Developers Competitors Fireblocks, BitGo, Copper, Fordefi, Anchorage Digital, Blockdaemon, Taurus, Qredo Key Features of PrimeVault: • Manage digital assets on more than 100 blockchains via one interface. • Deploy a stablecoin payment network in minutes. • Protect your assets with MPC custody and policy-based governance. • Optimize treasuries with automation via no-code workflows. • Integrate with centralized exchanges, decentralized finance protocols, and OTC platforms. • Deploy and manage token issuance, vesting, and distribution. • Execute institutional trading strategies with programmable controls. PrimeVault Milestones: Year Key Achievement 2023 Enterprise digital asset custody and treasury platform expanded. 2024 Programmable vaults, institutional DeFi, and blockchain connection features added. 2025 Obtained SOC 2 Type II and ISO 27001 compliance certifications and scaled support to over 100 blockchains. Security Features of PrimeVault: PrimeVault is designed around institutional security, with multiple layers of protection. • MPC/TSS custody architecture • Zero Trust security model • Account Abstraction • WebAuthn authentication • FIDO authentication • Hardware enclave protection • Immutable policy engine • Formal verification • AI-powered threat detection • Multi-layer security controls • Zero reported security incidents • SOC 2 Type I & II • ISO 27001 certified • Independent penetration testing • Third-party security audits

Funding

  • Seed RoundY Combinator5,00,00001 Jul 2022
  • Seed RoundArrington Capital5,00,00001 Jul 2022
  • Seed RoundHashKey Capital5,00,00001 Jul 2022
  • Seed RoundAlchemy Ventures5,00,00001 Jul 2022
  • Seed RoundDynamic Loop5,00,00001 Jul 2022

FAQs

  • PrimeVault is an infrastructure for digital assets that offers vaulting, stablecoin payments, treasury management, and blockchain operations.