PANews reported on February 9 that Binance Custody, a custody service under Binance, has been renamed Ceffu. The official blog stated that the name was inspired by Binance's SAFU (Security Asset Fund for Users). Ceffu stated that the name change will not affect any services that customers have already received, nor will it affect the user experience and products. Ceffu will continue to develop and provide independent solutions such as isolated cold storage, local staking, and independent custody services.