Wallets and Balances Overview

CRYMBO Connect provides a unified interface for managing both fiat and cryptocurrency wallets under a single institution.

The Wallets and Balances module enables businesses to monitor funds, perform deposits and withdrawals, manage custody providers, and reconcile transactions in a secure and compliant manner.

Key Concepts

• Fiat Wallets

  • Manage traditional currencies (USD, EUR, GBP, etc.)
  • Connected to payment rails (bank accounts, payment processors)

• Crypto Wallets

  • Manage blockchain-based assets (BTC, ETH, USDC, etc.)
  • Integrated with custody providers (Fireblocks, BitGo, Copper)

• Institution-Linked

  • Each wallet is bound to an institution within Crymbo Connect.
  • Institutions can maintain multiple fiat and crypto wallets.

• Multi-Asset Support

  • Support for a wide range of cryptocurrencies and fiat currencies.

• Secure Transactions

  • Withdrawal and deposit flows secured through multi-signature approval and risk scoring.
  • All transactions logged and monitored for compliance.

• Balance Monitoring

  • Real-time tracking of wallet balances and transaction history.
  • Exportable reports for treasury, compliance, and auditing.

Wallet Types

Type	Description
Operational Wallet	Used for day-to-day payment and trading activities
Settlement Wallet	Dedicated wallets for settlement and reconciliation
Custodial Wallet	Secured wallets held via third-party custodians

Why Wallet Management Matters

• Compliance: Ensures all fund movements are traceable and compliant.
• Security: Segregates operational and custodial assets.
• Scalability: Supports growing multi-asset, multi-entity businesses.

CRYMBO Connect's wallet infrastructure is designed to power global financial operations in both traditional and decentralized finance ecosystems.

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