Your euro balance (E-Money balance) is managed by the Stichting Derdengelden BLOX, an independent foundation that keeps these funds separate from BLOX's business activities. After purchase, your crypto assets are managed by Coinmerce.
Advanced storage methods and a sophisticated software solution are employed that allow for the implementation of specific rules for initiating, validating, and sending crypto assets. These rules can be customized per asset, per vault, and per amount. For example, it can be set that multiple individuals, with different devices and from different locations, must approve before crypto assets are sent.
In the case of lending as a yield service, BLOX temporarily lends your crypto assets to a third party selected by BLOX. This party is carefully selected by BLOX to minimize the risks for you as a customer. For staking, a similar situation applies where your assets are lent to BLOX and BLOX can stake them in various ways to generate returns.