One of the top leaders in providing services for digital custody, Copper.co has brought EGLD and other assets under its purview in tokenized form. This implies that the assets of Elrond Blockchain will be secured by highly convoluted custody and settlement services for the assets provided by Copper.
Copper’s Custody Solution has earned many accolades for its outstanding performance. It uses MPC (Multi-Party Computation) technology to provide security. In fact, Copper’s facilities are now taken advantage of by over forty crypto exchanges, two and a half hundred digital assets, and over three hundred managers of institutional assets.
This strategic partnership between Elrond and Copper will open wider avenues for many clients and stakeholders such as institutional players, cryptocurrency exchange platforms, managers of hedge funds, trading platforms and other stakeholders in the market. They will gain secure and verified flexible access to the highly functional Elrond Network’s blockchain technology that emits minimal carbon footprint and is geared towards large-scale enterprises, and to grow the Elrond-powered cryptocurrency EGLD EGLD Price Forecast.
Beniamin Minaku, CEO of Elrond Network, said it was imperative to create world-class custody services for digital assets in order to accommodate the rapidly evolving Elrond ecosystem with more customers, locations and new markets. He believes that Internet-scale blockchains will gain a new momentum of traction with Copper as the security provider for Elrond’s digital assets.
Copper.co Chief Product Officer Alex Rivkin reiterated this, adding that their portfolio has expanded to accommodate integrated technologies such as the Elrond network, which is known to be carbon-negative. Copper will be able to strengthen its assurance of providing customers with secure and tamper-proof access to durable digital assets.
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