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For Institutional Custodians
// SEGMENT: CUSTODY// PRIVACY_PROTOCOL.V1

Private Custody on Ethereum & L2s

SYSTEM.READY

Hidden AUM, private proof-of-reserves, confidential settlement. Institutional custody with the privacy and auditability you require.

// WARNING: EXPOSURE_VECTORS

The Transparency Problem

On-chain custody exposes everything. AUM, client activity, positions. All visible to competitors and market participants.

AUM Surveillance

Total assets under custody become public knowledge, inviting competitive pressure and security risks

Business intelligence exposed to competitors

Client Flow Analysis

Deposit and withdrawal patterns reveal client behavior and can be linked to off-chain identities

Client confidentiality compromised

Portfolio Transparency

Holdings, allocations, and rebalancing strategies visible to market participants

Strategies copied, positions front-run

Settlement Leakage

Large fund movements signal imminent trading activity before execution

Market impact erodes returns

Privacy-First Custody Infrastructure

NixProtocol enables custodians to protect client assets and activity while maintaining the verifiability and compliance that institutions require. Prove reserves without revealing amounts. Settle without market impact.

  • Hidden assets under management
  • Private proof of reserves
  • Confidential settlement
  • Anonymous multi-sig operations
  • Selective regulatory disclosure
private-custody.ts
// Initialize custody platform
const custody = await nixCustody.init({
  institution: institutionId,
  compliance: { framework: "SOC2", auditor: auditorKey }
});

// Create private client account
const account = await custody.createAccount({
  client: clientKycHash,
  type: "institutional"
});

// Deposit with hidden amounts
await account.deposit("ETH", encryptedAmount);

// Prove reserves to client
const proof = await custody.proveReserves({
  client: clientId,
  minRatio: 1.0 // 100% backed
});
// Client verifies: { backed: true }
// MODULE: PRIVACY_COMPONENTS

Components for Custodians

Enterprise-grade privacy primitives built for institutional custody.

SPEC_01
1

Nix ERC20

Custody client assets with encrypted balances, positions, and transaction histories

AUM and holdings invisible to public

SPEC_02
2

Nix Tools

Generate cryptographic proof of reserves and solvency on demand for auditors and clients

Verify without revealing specifics

SPEC_03
3

Nix Stealth Wallet

Complete KYC/AML verification workflows without creating on-chain identity breadcrumbs

Regulatory compliance, client privacy

SPEC_04
4

Nix Relayer

Provide regulators with selective access while maintaining day-to-day confidentiality

Audit-ready with controlled disclosure

SPEC_05
5

Nix SDK

Private settlement and transfers between custody accounts

Confidential operations

// SCENARIOS: IMPLEMENTATION

Custody Use Cases

Privacy-preserving custody operations for institutional clients.

USE_CASE_01COMPLEXITY: STANDARD
1

Private Proof of Reserves

Prove solvency and reserves to auditors or clients without revealing exact holdings or positions.

Components Used

Nix ERC20Nix Tools

Benefits

  • Prove reserves >= liabilities
  • Hide exact amounts
  • Client-verifiable proofs
  • Real-time attestations
example.ts
// Generate proof of reserves
const reserveProof = await nixZK.proveReserves({
  vaults: custodyVaults,
  liabilities: encryptedClientBalances,
  threshold: 1.0 // 100% backed
});

// Client verifies their share
const clientProof = await nixZK.proveClientReserve({
  clientId: clientKycHash,
  clientBalance: encryptedBalance,
  reserveProof: reserveProof
});

// Returns: { sufficient: true, timestamp: ... }
USE_CASE_02COMPLEXITY: STANDARD
2

Hidden Client Holdings

Custody client assets without exposing individual balances, positions, or transaction history on-chain.

Components Used

Nix ERC20Nix SDKNix Stealth Wallet

Benefits

  • Private client balances
  • Hidden position sizes
  • Confidential activity
  • Protected client identity
example.ts
// Onboard client with private account
const clientAccount = await nixCustody.createAccount({
  clientKyc: kycProofHash,
  jurisdiction: encryptedJurisdiction,
  accountType: "institutional"
});

// Deposit assets privately
await clientAccount.deposit({
  asset: "ETH",
  amount: encryptedAmount,
  source: sourceProof
});

// Client views balance (only they can decrypt)
const balance = await clientAccount.getBalance(clientPrivKey);
USE_CASE_03COMPLEXITY: ADVANCED
3

Confidential Settlement

Execute large settlements between accounts without revealing amounts or triggering market signals.

Components Used

Nix SDKNix ToolsNix ERC20

Benefits

  • Hidden settlement amounts
  • No market signaling
  • Atomic execution
  • Private counterparties
example.ts
// Initiate confidential settlement
const settlement = await nixCustody.createSettlement({
  from: clientA.account,
  to: clientB.account,
  asset: "USDC",
  amount: encryptedAmount
});

// Both parties approve privately
await settlement.approve(clientA.signature);
await settlement.approve(clientB.signature);

// Execute atomically - no public trace
const proof = await settlement.execute();
USE_CASE_04COMPLEXITY: ADVANCED
4

Multi-Sig with Privacy

Implement institutional multi-signature custody where signers, thresholds, and approvals remain private.

Components Used

Nix ToolsNix Stealth WalletNix ERC20

Benefits

  • Hidden signer set
  • Private threshold
  • Anonymous approvals
  • Verifiable authorization
example.ts
// Create private multi-sig vault
const vault = await nixCustody.createMultiSig({
  signers: encryptedSignerSet, // Hidden
  threshold: encryptedThreshold, // Hidden
  policy: encryptedPolicy
});

// Signer approves without revealing identity
const approval = await nixZK.proveSignerApproval({
  vault: vault.id,
  signer: signerProof, // ZK membership proof
  transaction: txHash
});

// Execute when threshold reached
await vault.executeWhenThreshold(approvals);
USE_CASE_05COMPLEXITY: ENTERPRISE
5

Regulatory Reporting

Generate compliant reports for regulators with selective disclosure. Prove requirements without exposing all data.

Components Used

Nix RelayerNix ToolsNix ERC20

Benefits

  • Selective disclosure
  • Auditor-only access
  • Tamper-proof logs
  • Jurisdiction-specific
example.ts
// Generate regulatory report
const report = await nixCompliance.generateReport({
  period: "Q4-2024",
  jurisdiction: "US-SEC",
  reportType: "custody-attestation"
});

// Prove AML compliance without exposing clients
const amlProof = await nixZK.proveAmlCompliance({
  accounts: allClientAccounts,
  sanctionsList: currentSanctions,
  timeframe: reportPeriod
});

// Grant auditor access to encrypted details
await report.grantAuditorAccess(auditorPubKey);
USE_CASE_06COMPLEXITY: ENTERPRISE
6

Cold Storage Management

Manage cold storage with private balances and transaction history, proving reserves without hot wallet exposure.

Components Used

Nix ERC20Nix ToolsNix SDK

Benefits

  • Hidden cold storage amounts
  • Private rebalancing
  • Proof of cold reserves
  • Secure key management
example.ts
// Initialize private cold storage
const coldVault = await nixCustody.createColdStorage({
  addresses: encryptedAddresses, // Hidden
  totalCapacity: encryptedCapacity,
  rebalanceThreshold: encryptedThreshold
});

// Prove cold storage reserves
const coldProof = await nixZK.proveColdReserves({
  coldVault: coldVault.id,
  minPercent: 80 // Prove >= 80% in cold
});

// Private rebalance hot <-> cold
await nixCustody.privateRebalance({
  from: hotWallet,
  to: coldVault,
  amount: encryptedAmount
});
// COMPLIANCE: ENTERPRISE_GRADE

Built for Institutional Requirements

Security and compliance features designed for regulated custodians.

SOC 2 Compatible

Audit trails and access controls designed for SOC 2 compliance

HSM Integration

Compatible with hardware security modules for key management

Multi-Jurisdiction

Flexible compliance modules for global regulatory requirements

Insurance Ready

Proof systems compatible with custody insurance requirements

Disaster Recovery

Encrypted backup and recovery procedures for business continuity

Audited Code

Smart contracts audited by leading security firms

// ACTION: INITIATE_INTEGRATION

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