Programmable Self-Custody for Crypto | Frank Hepworth

Lovely listener, share with us your thoughts! Frank Hepworth breaks down programmable self-custody, an onchain model where clients own their crypto accounts and a manager can trade in them but never withdraw from them. Self-custody crypto, onchain asset management, and why most crypto still sits with exchanges and custodians. 🔑 Key Topics & Timestamps: 0:00 Introduction 1:12 What holding crypto on an exchange really costs you 4:49 Why banks entering crypto won't offer liquidity pools 6:32 Programmable self-custody explained with one key vs two 9:09 How the three-key system protects client withdrawals 11:56 Who decides the whitelisted protocols clients can trade 13:33 Why withdrawals are capped and reviewed carefully 16:33 Who the clients are and why trust comes first 20:14 Why the customer relationship matters more than the rails Frank Hepworth is the Founder and CEO of New Market Trading, an onchain asset manager built on self-custody. Each client owns their own account, and New Market Trading can trade in it but cannot withdraw from it. Before founding the company, Frank was a securities regulatory attorney working in digital assets, and later spent three years building Yieldschool, a crypto education company. Connect with Frank: LinkedIn: https://www.linkedin.com/in/frankhep X: https://x.com/frank_hep New Market Trading: https://newmarkettrading.com/ 🎙️ Subscribe for weekly episodes on fintech, AI, and innovation 🌐 Website: https://curiositycodepodcast.com/ 📱 Follow on LinkedIn: https://www.linkedin.com/in/alexkhomyakov/ 🎧 Listen on Spotify: https://open.spotify.com/show/4ePKf2qCLzcKATS7o6w2U5 🍎 Apple Podcasts: https://podcasts.apple.com/podcast/id1797349967 This episode covers crypto asset management, self-custody, and what it takes to run client money onchain without holding it. For fintech founders, wealth and asset managers, family offices, and anyone building in digital assets who wants to understand programmable self-custody and onchain crypto trading. 🎙️ Subscribe for weekly episodes on fintech, AI, and innovation 🌐 Website: https://curiositycodepodcast.com/ 📱 Follow on LinkedIn: https://www.linkedin.com/in/akhomyakov/ 🎧 Listen on Spotify: https://open.spotify.com/show/curiosity-code 🍎 Apple Podcasts: https://podcasts.apple.com/podcast/the-curiosity-code-podcast/id1748596092