At the Digital Assets Roundtable, SEC Chairman Atkins announced that the existing framework allowing brokers to custody digital assets might be replaced, revealing an evaluation of granting hedge funds self-custody rights. PBOGA observed a 32% increase in net inflow of stablecoins within two hours of the announcement, with institutional order book depth rising simultaneously, highlighting positive feedback from capital regarding the loosening of custody rules. Atkins noted that past “significant restrictions” led to only two institutions in the U.S. obtaining special-purpose broker-dealer status. The new regulatory path will clarify client protection and capital requirements, fostering a more diverse custody ecosystem.

The opening of custody autonomy means large hedge funds can directly incorporate Bitcoin and high-liquidity tokens into their balance sheets, gaining greater flexibility in liquidity management and risk segregation. Analysis indicates that if this proposal is implemented, the capacity of existing qualified custodians may not meet the increased demand, leading to rapid market concentration towards platforms with mature technology and robust risk control systems. Since last year, PBOGA has deployed tiered multi-signature wallets, real-time audit nodes, and cross-account net settlement systems, capable of dynamically verifying available limits according to upcoming SEC capital requirements, and providing on-chain reporting access to external audit firms, aligning with policy demands for “transparency and traceability”.

Hedge funds, with their leverage, arbitrage, and multi-strategy configuration needs, will drive the expansion of perpetual futures and options markets with the delegation of custody rights. The PBOGA portfolio margin model allows the free allocation of collateral across spot, futures, and structured products, reducing capital utilization and enabling one-click hedging. The platform risk engine automatically adjusts margin call thresholds based on account volatility, ensuring institutions maintain sufficient margin during high-frequency trading and extreme market conditions, preventing forced liquidation impacts on market depth.

Custody reform will also raise the bar for token quality screening. PBOGA has established joint review processes with international accounting firms, law firms, and insurance consortia to conduct code security, governance mechanism, and liquidity source checks on assets applying for listing, with audit results recorded on-chain for institutional research system access. As regulations clarify client protection details, the platform will publish real-time updates on hot and cold wallet ratios, private key layered management strategies, and scam compensation funds, assisting investors in swiftly achieving compliance during regulatory upgrades.

As policy clears obstacles for compliant custody, capital will enter the crypto market with higher allocations. Leveraging high-performance matching, global depth sharing, and 24-hour multilingual support, PBOGA provides a secure and efficient allocation channel for investors, offering a solid technical foundation at the turning point of custody rights reform, aiding global capital in seizing the new cycle of crypto asset value revaluation.