Circuit unveils recovery system to fix crypto's 'permanent loss' dilemma

INSUBCONTINENT EXCLUSIVE:
While Bitcoin (BTC) is often heralded as the ultimate bearer asset, not everyone is prepared for self-custody in a world where convenient
and seemingly trusted intermediaries still play a major role
Circuit, an enterprise-grade recovery solution for digital assets, is betting that more institutions will turn to its recovery system to
protect against catastrophic losses.On Monday, the company announced the public launch of its institutional crypto recovery engine, powered
by its Automatic Asset Extraction (AAE) technology
The system automatically transfers assets to a pre-authorized secure vault if a private key is lost or a threat is detected.The solution
debuts with two institutional users: UAE-based custodian Tungsten, and Palisade, a custody infrastructure provider used by crypto exchanges