Announcing Eastern Point Trust

For decades, Eastern Point Trust Company (EPTC) has quietly powered some of the world’s most complex fiduciary operations, managing billions in escrowed funds, Qualified Settlement Funds (QSFs), and court-supervised trusts. Behind major cases like the BP Oil Spill, Volkswagen Dieselgate, and Purdue Pharma, EPTC ensured that funds were handled safely, ethically, and exactly as intended.

Now, Eastern Point is bringing that same trust and precision to digital assets. Through its affiliate, Eastern Point Global (EPG), the firm is launching digital asset escrow and custody services built on Dfns’ wallets-as-a-service platform, extending institutional-grade fiduciary standards to cryptocurrencies, tokenized assets, and blockchain-based settlements.

From courtrooms to code, a trusted name in fiduciary administration

Founded in the 1990s by CEO Edward Armand, Eastern Point Trust (EPTC) built its reputation as one of the most innovative administrators of fiduciary and escrow accounts in the United States. Its proprietary TrustWare™ platform and nationwide FDIC banking network helped digitize settlement workflows long before “fintech” became a buzzword. The company’s business is built on a simple but powerful idea: neutral stewardship.

When two parties can’t or shouldn’t hold funds directly, whether due to litigation, arbitration, inheritance, or commercial transactions, a trust or escrow provides an impartial middle ground. EPTC operates at that intersection, holding assets securely until agreed conditions are met. 

Its work spans a wide range of use cases, all centered on bringing order, transparency, and accountability to processes that depend on absolute trust:

• Corporate settlements: Managing complex, multi-billion-dollar remediation funds such as the BP Oil Spill and Volkswagen Diesel cases.
• Consumer restitution: Distributing payments to victims and beneficiaries in cases like Purdue Pharma.
• Commercial escrow: Facilitating fairness and finality in IP transfers, M&A deals, and other business transactions.
• Estate and inheritance management: Helping families manage traditional and digital assets under clear governance.

Extending fiduciary trust to cryptocurrencies and digital assets

As digital assets become part of mainstream finance, EPTC identified a clear gap: cryptocurrencies offer programmability and global reach, but few infrastructures meet the governance and compliance standards needed for fiduciary management. With Eastern Point Global, the company is closing that gap, building a bridge between traditional trust law and blockchain-based asset management. 

By using Dfns, EPG can now create trust and escrow accounts directly on-chain, governed by the same principles that underpin fiduciary law, but enforced through programmable wallets and smart contracts. In practice, this means EPTC can deliver digital asset fiduciary services with the same rigor and assurance as its traditional operations, only faster, programmable, and globally scalable. For example:

• A corporate merger can settle instantly through a smart escrow wallet.
• Court-ordered restitution can be distributed transparently on-chain.
• A family trust can hold both securities and stablecoins under a single governance policy.
• Fiduciary oversight is no longer constrained by banking rails or jurisdictions.

Why choosing Dfns as their primary wallet infrastructure

Dfns’ modular infrastructure lets institutions run fully governed custody workflows without losing speed or compliance. With multi-party approvals, granular access control, and tamper-proof audit logs, the Dfns platform fits naturally with EPTC’s fiduciary principles. We enable:

• Multi-asset wallets across 100+ blockchains and third-party services, with configurable access rules for trustees, beneficiaries, and auditors.
• Automated escrow execution, where funds are released programmatically once preset conditions are met.
• Built-in compliance tools, including KYT and Travel Rule verification, directly integrated into transaction workflows.
• Hybrid deployments, combining Dfns’ secure cloud with on-premise infrastructure for full jurisdictional control.
• Cryptographic resilience, powered by MPC and/or HSM-backed recovery mechanisms.

The partnership between Eastern Point and Dfns marks a major shift. Traditional finance relied on intermediaries to create trust, digital finance is enforcing trust through cryptography and infrastructure. Together, EPTC’s fiduciary expertise and Dfns’ programmable wallet stack are merging legal trust structures and blockchain-native settlement, enabling more secure and efficient financial transactions.

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