Corporate crypto adoption and security best practices continue to evolve and speed up in 2025. The crypto industry continues to evolve, with increasing mainstream adoption and corporate interest. However, security concerns remain at the forefront, especially in light of major incidents like the recent $1.5 billion hack of Bybit. Alex Hochberger, CEO of Web3Enabler, recently addressed these concerns and highlighted best practices for corporate crypto adoption, emphasizing security, compliance, and risk management.
The Importance of Crypto Security for Businesses
One of the key takeaways from Hochberger’s discussion is the reinforcement of the “not your keys, not your crypto” principle. While centralized exchanges play an essential role in trading and liquidity, they are inherently more vulnerable to hacks compared to non-custodial wallets. For businesses, this means implementing a strategic approach:
- Use Non-Custodial Wallets: Maintain control of your crypto assets by using wallets that only your organization can access.
- Limit Exchange Exposure: Keep only the necessary amount of funds on exchanges for active trading and withdraw excess funds daily.
- Diversify Storage Methods: Consider a mix of hot wallets, cold storage, and multi-signature wallets to enhance security.
- Establish Compliance Protocols: Ensure adherence to regulations and utilize blockchain tracking tools to avoid dealing with stolen funds.
Compliance and Risk Management in Crypto Transactions
Hochberger emphasized the need for businesses to integrate compliance measures to safeguard their transactions. Web3Enabler has partnered with BitRank Verified to offer tracking services that help businesses ensure their funds are not linked to illicit activities. With the ability to flag potentially stolen assets, companies can proactively manage risks and take necessary actions before funds enter their financial system.
Treating Crypto Theft as an Insurable Event
Rather than viewing crypto theft as an irrecoverable loss, businesses should approach it as an insurable risk, similar to traditional finance. Hochberger advocates for:
- Insurance Coverage for Crypto Assets: Exploring options for insuring crypto holdings against hacks or theft.
- Maintaining Operational Capital in Crypto: Holding no more than two weeks’ worth of operational funds in cryptocurrency to minimize risk exposure.
- Strategic Use of Liquidation Wallets: Web3Enabler’s upcoming liquidation wallets will help companies automate crypto conversions, reducing prolonged exposure to volatile markets.
Expanding Corporate Crypto Adoption
Despite security concerns, Hochberger remains optimistic about the expansion of corporate crypto adoption. Web3Enabler is at the forefront of this movement, providing solutions that make it easier for businesses to transact with digital assets securely. Some of their key offerings include:
- Blockchain Payments: Enabling seamless crypto transactions for businesses using Salesforce.
- Stablecoin Support: Facilitating transactions with stablecoins like USDC, USDT, and XRP.
- Cross-Border Payment Solutions: Enhancing accessibility by enabling direct off-ramps to vendors and contractors worldwide, particularly in Mexico, Brazil, and the EU.
Web3Enabler’s Fundraising and Future Developments
Web3Enabler is currently raising funds through a crowd raise on Republic, having already surpassed its initial goal. The company continues to innovate, with planned enhancements such as:
- Version 3 Liquidation Wallets: Automating crypto-to-fiat conversions for businesses.
- Advanced Compliance Features: Strengthening fraud detection and risk mitigation capabilities.
- Expanded Multi-Currency Support: Facilitating seamless transactions in a wider range of fiat and digital currencies.
Conclusion
As businesses continue to integrate crypto into their financial systems, adopting robust security and compliance practices is essential. Web3Enabler is leading the charge, providing innovative solutions that help enterprises navigate the complexities of crypto adoption. By implementing best practices such as using non-custodial wallets, ensuring compliance, and treating theft as an insurable event, companies can securely leverage the benefits of digital assets without unnecessary risk.
