Contro is not covered by the Hong Kong Deposit Protection Scheme (DPS) because we are not a bank. Deposit insurance is designed to protect funds held directly with banks in the event of a bank failure.
Contro operates differently. Your assets are held securely by regulated custodians (Circle) under strict compliance frameworks. These assets are ring-fenced, meaning they are kept completely separate from Contro’s operational accounts and cannot be touched, even in the unlikely event something happens to Contro.
Your funds are protected by institutional-grade custody, not pooled or exposed to lending risk.