Binance Custody Obtains Cold Storage Insurance

Binance Custody successfully passed the risk profile evaluation by demonstrating its industry-leading security standards, including multi-party computation, MultiSig for withdrawal requests, and added hardware isolation. Binance Custody successfully passed the risk profile evaluation by demonstrating its industry-leading security standards, including multi-party computation, MultiSig for withdrawal requests, and added hardware isolation. "Insurance plays an important role in the success of...

VILNIUS, Lithuania, 10/03/2022 (informazione.news - comunicati stampa - scienza e tecnologia)

Binance Custody successfully passed the risk profile evaluation by demonstrating its industry-leading security standards, including multi-party computation, MultiSig for withdrawal requests, and added hardware isolation.

 said Sarah Downey , Senior VP and head of Lockton's LEAP team.

Market observers expect institutional and corporate interest to continue to rise in 2022 and beyond, and adoption accelerates when there is a greater range of products.

said Cathy Yu , Head of Binance Custody.

To learn more about Binance Custody, visit: www.binanceinstitutional.com and @BinanceCustody.