What is Escrow Service?
Escrow Service A third-party service holding crypto assets temporarily to ensure conditional transaction completion, reducing counterparty risk in portfolio operations.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Escrow Service” Used in Practice?
Escrow services are integrated into portfolio custody solutions to mitigate settlement and counterparty risks.
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Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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What is Escrow Service?
A third-party service holding crypto assets temporarily to ensure conditional transaction completion, reducing counterparty risk in portfolio operations.
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