London, – London based institutional custody & prime brokerage firm, copper.co, today announce support to the trade finance focused blockchain network XinFin. Their bespoke digital custody solution facilitates XinFin and TradeFinex’s institutional and crypto hedge fund customers to store the digital asset token XDCe.
Copper.co provides support for XDCe across its institutional hot and cold wallet solutions. Copper.co pioneered multi-signature security for a wide range of digital assets in 2018. All digital assets supported by Copper.co are integrated using the company’s single API so no additional coding is required for clients to add XDCe.
The firm’s walled garden now covers 96% of global crypto liquidity and is seeing over £500 million in transactions each month – with that figure growing steadily.
Ritesh Kakkad, Co-founder at XinFin and TradeFinex, added:
“In 2020, appropriate custody services are the most critical element for institutional adoption of digital assets. With Copper’s custodial services now available for XDCe, regulated institutions like banks, crypto hedge funds and financial entities will have a secure solution to store their digitised XDCe holdings. Copper is also planning to provide support for XinFin’s primary chain coin XDC in the near future.”
Dmitry Tokarev, CEO of copper.co, commented:
“The XinFin Network is one of the most enterprise friendly blockchain networks ever created, and we’re proud they have chosen Copper for their institutional digital asset custody.
“Institutions need a lot more than an app with pretty charts. They need proper security, which includes technology, insurance, people, and business processes – as well as exceptional client service. We’re proud to have earned XinFin’s trust and their business.”
source: yellowjerseypr.com
TheBitcoinNews.com – Bitcoin News source since 2012
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored or guest posts, articles and PRs are NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise
source: https://blockchain-press-releases.com/copper-appointed-by-xinfin-for-institutional-custody-solution/
TheBitcoinNews.com is here for you 24/7 to keep you informed on everything crypto. Like what we do? Tip us some BAT
Send Tip now!