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Ceffu and EOS join forces to open up new opportunities in advanced custody and CeDeFi | Bee Network

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Ceffu and EOS join forces to open up new opportunities in advanced custody and CeDeFi | Bee Network Login Trending News Meme Launchpad AI Agents DeSci TopChainExplorer For Newbee 100x Coins Bee Game Essential Websites Must-Have APP Crypto Celebrities DePIN Rookies Essential Trap Detector Basic Tools Advanced Websites Exchanges NFT Tools Hi, Sign out Web3 Universe Games DApp Bee Hive Growing Platform AD Search English Recharge Coins Login Download Web3 Uni Games DApp Bee Hive AD home•Analysis•Ceffu and EOS join forces to open up new opportunities in advanced custody and CeDeFi Ceffu and EOS join forces to open up new opportunities in advanced custody and CeDeFiAnalysis1yrs ago (2024)UpdateWyatt 33,5601 42

The EOS Network Foundation (ENF) announced that Binance’s institutional custody partner Ceffu now supports the EOS mainnet. This partnership provides institutional-grade custody services to EOS token holders and opens up new CeDeFi opportunities through Binance’s MirrorX integration.

With Ceffus advanced custody infrastructure, institutions can securely store and manage EOS assets through multi-party computing (MPC) technology and customizable approval schemes. At the same time, through MirrorX, institutional fund managers can deploy CeDeFi strategies to take full advantage of centralized exchanges (CEX) and decentralized finance (DeFi). With Binances liquidity and advanced trading mechanisms, EOS holders can obtain innovative income solutions designed specifically for institutional needs.

EOS’ inclusion in the Coinbase COIN 50 Index, a global benchmark representing the top 50 digital assets listed on the Coinbase exchange, highlights the growing institutional interest and recognition of the ecosystem. This recognition underscores EOS’s position as a leading blockchain platform and a key player in the accelerating crypto economy.

“Ceffu’s integration with EOS represents a major step forward in building the infrastructure needed to support large-scale institutional participation,” said Yves La Rose, Founder and CEO of the EOS Network Foundation. “By partnering with Ceffu, we are opening up new ways for institutions to safely participate in the EOS ecosystem and benefit from its evolving opportunities.”

EOS’s performance has improved significantly thanks to a community-approved upgrade to its token economics model. The new token economic strategy includes a reserve pool dedicated to middleware and the launch of a streamlined user onboarding Unicove portal, which significantly improves the user experience. In addition, the $450 million EOS staking rewards program has been running for five months, with a 4x increase in staking participation and an extension of the token lockup period from 4 days to 28 days. Together, these token economic initiatives strengthen the EOS ecosystem, demonstrating its growing resilience and appeal.

Introduction to EOS Network The EOS network is a third-generation blockchain platform that runs on the EOS Virtual Machine (EOS VM). EOS VM is a low-latency, high-performance, scalable WebAssembly engine designed to achieve near-zero-fee transactions and is built to provide the best Web3 user and developer experience. EOS is the flagship chain and financial center of the Antelope framework, promoting multi-chain collaboration and the development of public products, and providing tools and infrastructure funding support through the EOS Network Foundation (ENF).

About EOS Network Foundation The EOS Network Foundation (ENF) has a vision to build a prosperous decentralized future. Through key stakeholder engagement, community initiatives, ecosystem funding, and the promotion of an open technology ecosystem, ENF is driving the transformation of Web3. Founded in 2021, ENF is the core hub of the EOS network, dedicated to providing a complete set of stable frameworks, tools, and libraries for blockchain deployment. Together with the community, we are committed to creating innovation and building a stronger future.

About Ceffu Ceffu is a compliant, institutional-grade custody platform that provides custody and liquidity solutions. It is ISO 27001 and 27701 certified and SOC 2 Type 1 and Type 2 certified. Our multi-party computation (MPC) technology combined with customizable multi-approval solutions provides institutional clients with customized solutions to securely store and manage their digital assets. In addition, Ceffu also provides institutional clients with secure access to the liquidity products of the worlds largest crypto exchanges through MirrorX, an over-the-counter settlement solution, while accessing a wide range of liquidity products in other trading ecosystems.

This article is sourced from the internet: Ceffu and EOS join forces to open up new opportunities in advanced custody and CeDeFi

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