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OpenAssets Brings Digital Asset Infrastructure to Bank-Owned AWS Accounts

Summarized from Cryptocurrency

OpenAssets now lets banks deploy digital asset infrastructure within their own AWS environments, keeping keys, data, and branding under institutional control.

OpenAssets Brings Digital Asset Infrastructure to Bank-Owned AWS Accounts

OpenAssets, a Pittsburgh-based digital asset infrastructure provider, announced Tuesday that its platform is now deployable directly within a bank's own Amazon Web Services account, a move designed to keep custody and control firmly on the institution's side.

Under the arrangement, the bank retains ownership of its cryptographic keys, customer data, network selection, and brand identity. OpenAssets supplies the underlying technology stack, including issuance capabilities, compliance tooling, and connectivity to digital asset venues, without requiring the institution to hand over sensitive infrastructure to a third-party environment.

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The model addresses a persistent concern among regulated financial institutions weighing entry into digital assets: how to adopt emerging technology without ceding control of client data or violating data-residency obligations. By running inside the bank's existing cloud tenancy, the deployment aligns more naturally with existing IT governance and audit frameworks.

The announcement positions OpenAssets as targeting banks that want to issue or manage digital assets but face internal or regulatory resistance to hosted, multi-tenant platforms. Deploying within a bank's own AWS account can also simplify vendor-risk assessments, since the institution already maintains a contractual and compliance relationship with Amazon.

The company did not disclose specific bank clients or pricing terms in connection with Tuesday's announcement. Continue reading at Cryptocurrency.

Frequently Asked Questions

Q.What does OpenAssets provide to banks using this new AWS deployment model?

OpenAssets supplies issuance capabilities, compliance tooling, and digital asset venue connectivity, while the bank retains control of its cryptographic keys, data, network choice, and brand.

Q.Why would a bank want to deploy digital asset infrastructure inside its own AWS account?

Deploying within a bank's own cloud tenancy helps preserve data sovereignty, simplifies regulatory and audit compliance, and reduces vendor-risk concerns associated with third-party hosted platforms.

Q.Where is OpenAssets headquartered?

OpenAssets is based in Pittsburgh, Pennsylvania, and describes itself as a leading digital asset infrastructure provider.

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