Tripterium T50 Cryptocurrency Security

2 min readJun 25, 2018

A fund devoted to cryptocurrencies requires maximum strength security. Tripterium has implemented best practice security industry defences. Secure operational procedures are in place including strong authentication, a risk-based approach to segregation of duties, and identity procedures.

The majority of cryptocurrencies will be stored in cold wallets with a small percentage of each currency stored in a wallet on our servers so as to facilitate rebalancing and the token liquidation option. Trades will be executed over multiple exchanges at varying times within our rebalancing window to mitigate the risk of front-running.

Two Factor Authentication

Two factor authentication and email verification is used on all exchange accounts. Multiple exchanges will be used to execute trades, in order to reduce the risk of front-running.

Multiple Hardware Wallets

Hardware wallets are purpose built, tamper-proof wallets designed specifically to hold digital currencies. These hardware wallets hold private keys and digital signatures in secure, offline devices. The Ledger Nano S and Trezor will be used for storage of all the cryptocurrencies they support. Encrypted storage drives and backup paper wallets will be used with regards to cryptocurrencies not supported by the Ledger Nano S or Trezor.

Cold Storage

The crypto currencies and Simple Agreements for Future Tokens (SAFT) will be stored in cold wallets within a secure vault, not connected to the internet and thus secured against hacking and theft.

Secret Locations

The locations of the cold storage vaults are kept secret and are independently managed with secure access to pre-registered representatives.

Wallet Cap

A maximum of 5% of the funds cryptocurrencies will be stored in a single wallet.