Your crypto and euro balances (E-Money balance) are managed by Stichting BLOX Custody, an independent foundation that keeps these balances separate from BLOX's business activities.
Advanced storage methods and sophisticated software solutions are used to enable specific rules to be set for initiating, validating and sending crypto assets. These rules can be adjusted per asset, per vault and per amount. For example, it can be set that multiple people, using different devices and from different locations, must give their approval before crypto assets are sent.
In the case of Earn, you lend your crypto to Coinmerce Earn. Coinmerce Earn manages the risk associated with the crypto you have lent to Coinmerce Earn in order to generate a return on this crypto. If Coinmerce Earn makes the crypto you have lent available to a third party in order to generate a return, these third parties are carefully selected to minimise the risks for you as a customer.