Press Room
MyInvestor signs collaboration agreement with Prosegur Crypto and Minos to explore digital asset services
The agreement is a first step toward creating technological and regulatory solutions in the field of crypto assets.
Taking advantage of the new environment created by the European MiCA (Markets in Crypto Assets) regulations, MyInvestor, the neobank backed by Andbank, AXA, El Corte Inglés and several family offices, is teaming up with Prosegur Crypto and Minos Global to explore digital assets opportunities.
The agreement establishes a roadmap to evaluate technological and operational integration that will allow MyInvestor to expand its offering in the future.
Prosegur Crypto, together with its subsidiary Minos Global, brings its experience in custody and execution of crypto asset operations within a regulated framework, as well as its advanced security infrastructure. Among its solutions are high-security “crypto bunker” custody spaces, specifically designed to protect digital assets through cutting edge physical and technological measures without the need for an internet connection and located in Europe, Brazil and Argentina.
Currently, MyInvestor already offers access to this market through listed and supervised products such as ETPs, ETCs and ETNs, which replicate the behavior of different crypto assets.
Beyond this initial collaboration in response to interest from its clients, MyInvestor highlights the importance of investing responsibly and prioritizes the need for clients to fully understand the risks associated with these products.
Despite current regulation and supervision, MyInvestor points out that crypto assets are highly volatile, speculative products and does not recommend allocating more than a very limited part of one's wealth to them. The neobank's investment philosophy is centered on fostering investment strategies that focus on diversification, periodic investment and the long term in low-cost products.
In this initial phase, the three companies will work together on the analysis and design of a possible integration to offer this type of service safely by meeting regulations and emphasizing potential risks.
Carlos Aso, Executive Vice President of MyInvestor, highlights the commitment to clients and innovation: "This collaboration reflects our vocation to explore products that can bring value to our clients, always from a responsible and regulated perspective. We actively listen to their requests and demands, and that's why we want to rigorously analyze the technological solutions that allow us, if the time comes, to offer services related to digital assets with every guarantee."
José Ángel Fernández Freire, Corporate Director of Innovation at Prosegur Cash and CEO of Prosegur Crypto, says: "This agreement represents a substantial advance in our objective to lead the digital assets market, given that we are the first crypto service provider to announce an agreement with a financial institution in Spain since the entry into force of the new European MiCA regulation."
In turn, Alfonso Ayuso, CEO of Minos Global, adds: "The capacity of the technological platform together with the regulatory layer guarantees the expansion of operations to new complementary products in the future, such as the possibility of incorporating tokenized financial instruments thanks to the recent authorization granted to us by the CNMV to establish a new securities agency."