2024

USDC

The EOS Network Foundation has partnered with Ceffu, Binance’s institutional custody platform, to enhance security and CeDeFi opportunities for EOS token holders.&nbsp; 
The <a href="https://eosnetwork.com/resources/ceffu-joins-forces-with-eos-for-custody-and-cedefi/" target="_blank" rel="nofollow">collaboration</a> enables institutions to store EOS cryptocurrency through Ceffu’s custody services, which include advanced security features and access to <a href="https://crypto.news/tag/Binance" target="_blank">Binance’s</a> MirrorX platform. 
Custody services like Ceffu play a critical role in the cryptocurrency ecosystem. They provide institutions with secure storage solutions for large digital asset holdings, offering features such as multi-party computation and customizable approval schemes.&nbsp; 
For EOS (<a href="https://crypto.news/price/eos/" target="_blank">EOS</a>) token holders, this partnership provides enhanced asset security and opportunities to explore <a href="https://crypto.news/tag/CeDeFi/" target="_blank">CeDeFi</a>, or centralized decentralized finance, which combines the convenience of centralized exchanges with the innovation of decentralized platforms. 
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<h2 class="wp-block-heading" id="binance-s-liquidity">Binance’s liquidity</h2> 
Through Binance’s MirrorX, institutional fund managers can execute CeDeFi strategies leveraging Binance’s liquidity and trading features. This integration offers access to advanced yield opportunities tailored to institutional requirements and aligns with EOS’s strategy to attract more institutional investors. 
EOS <a rel="" href="https://crypto.news/eos-network-upgrades-to-bring-1-second-transaction-finality/">has been gaining traction</a> among institutional investors, demonstrated by its inclusion in the Coinbase COIN50 Index, which tracks the top 50 digital assets. The blockchain platform has introduced significant updates, including a $450 million staking rewards program and improvements to its tokenomics, such as extended token lockup periods and the launch of the Unicove portal to simplify user onboarding. 
Yves La Rose, CEO of the EOS Network Foundation, emphasized the partnership’s potential to <a rel="" href="https://crypto.news/eos-network-unveils-exsat-to-solve-bitcoin-scalability-issues/">scale</a> institutional engagement within the EOS ecosystem. “Ceffu’s integration with EOS represents an important step in building the infrastructure necessary to support institutional engagement at scale,” they said. 
The partnership underscores the growing importance of institutional-grade infrastructure in the evolving crypto economy and highlights EOS’s position as a blockchain platform seeking broader adoption. 
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EOS Network partners with Binance’s Ceffu for institutional custody

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