BINANCE US ENGAGES FIREBLOCKS TO ENSURE CUSTODY IS “ROCK SOLID”
- BinanceUS, the US arm of the @Binance exchange, has today expanded its custody offering via an integration with FireblocksHQ.
- The integration will not only be leveraged to enhance its custody operations, but also to expand the exchange’s staking services, according to a blog post.
“The integration of Fireblocks and the broadening of the custody technology providers with whom we work reflects our commitment to creating the most secure, frictionless venue to trade, stake, and store crypto. Moreover, we expect that our integration of Fireblocks will enable increased token support over time”
… said the exchange’s COO, Christopher Blodgett.
- According to a report from CoinDesk, Fireblocks will be used to power both hot and cold custody solutions for the platform, covering customer deposits and withdrawals.
“By integrating our wallet infrastructure, Binance[dot]US is ensuring its custody operations are rock solid and fully aligned with what regulators are asking for”
… said Fireblocks’ CEO, Michael Shaulov, per CoinDesk.