Ceffu, an institutional-grade crypto custody and asset management platform acting as the secure custody arm for off-exchange settlement (MirrorX), has disclosed its strategic partnership with KuCoin, a famous global cryptocurrency exchange platform for buying and selling digital assets. The primary purpose of this partnership is to provide support for institutional-based markets with the help of KuCoin as a major crypto exchange.
Ceffu’s off-exchange settlement (OES) solution, called as MirrorX, basically the integration of KuCoin takes place with this MirrorX. This alliance supports institutions with full asset control and segregation, enforce them to mitigate corresponding risk. Ceffu has revealed this news through its official social media X account.
MirrorX Enables Capital-Efficient Trading Without Asset Movement
Ceffu platform joins multi-party computation (MPC) technology with a customizable multi-approval scheme (MAS), transaction approval policy (TAP), and secure cold storage infrastructure to meet clients’ custodial needs. Ceffu is actively helping users in driving trusted and authentic solutions that empower custody, risk management, and operational efficiency.
At this, Ian Loh, CEO of Ceffu, has expressed his thoughts. He said, “KuCoin’s integration with MirrorX elevates secure institutional trading. It empowers clients to move with agility while retaining complete asset control, setting a higher standard for custody and market access.” Now, institutions can transfer a part of their funds to KuCoin through MirrorX and trade without needing to move their assets to another exchange.
Ceffu and KuCoin Unite to Advance Secure Institutional Digital Asset Trading
The integration of Ceffu and KuCoin is much more than an ordinary partnership; rather, it is an opportunity to safeguard the users’ assets with security. Moreover, this alliance enforces the aim to grow institutional digital asset adoption via secure custody infrastructure. In addition, this integration also enables users to navigate their digital asset markets with confidence.
In this way, institutions can easily manage capital more accurately and seize the market opportunities with agility. At this BC Wong, CEO of KuCoin, said, “Institutional trust begins with infrastructure — the foundation of security, transparency, and compliance at every level,” while moving toward the security of Ceffu’s post-trade settlement model, which helps to protect client assets safely in custodial wallets along with mirroring funds on KuCoin.
Further, this unification moves users in the right direction to have best-in-class security for digital assets. In this way, users also get a chance to trade by using the services of KuCoin crypto exchange.
from Crypto News: Bitcoin, Ethereum & Price Data | BlockchainReporter https://ift.tt/cH06zsv
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