Common use of Digital Assets Clause in Contracts

Digital Assets. Finst makes sure that all positions in Digital Assets are held by SPV and are correctly booked in the administration of SPV. SPV holds these positions on instruction of Finst in a wallet in its own name, directly for the clients of Finst. The number and types of Digital Assets held by SPV for Client, will be booked on an account in the name of Client in the administration of SPV. Client accepts that the Digital Assets held by SPV for Client, are for the risk and account of Client.

Appears in 5 contracts

Samples: Crypto Services Agreement, Crypto Services Agreement, Crypto Services Agreement

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