Beaxy, a next-generation digital asset exchange, formally partnered with Curv, a cloud-based security platform for digital asset custody.
In a statement on the development, Brian Peterson, Beaxy’s Chairman of the Board, said “Curv is a rising star in the institutional custody of digital assets and is now the standard for any organization seeking full protection and autonomy over assets for their end clients. Curv makes it easy for Beaxy to manage digital assets by ensuring every transaction a client makes is secure.”
With Curv, client deposits on Beaxy will be protected more efficiently, eliminating the need for private keys via a multi-party computation (MPC) protocol.
“It’s critical for the growth of digital assets to have multiple, strong parties providing services to investors,” said William Herkelrath, CRO of Curv. “We welcome Beaxy’s entrance into the market as a FINCen registered provider and are impressed with the level of importance they have placed on digital asset security as part of their broader service offering.”
To learn more about Beaxy’s state-of-the-art exchange and improved digital asset security features, visit beaxy.com.
Photo by Jopwell from Pexels.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Your update on what’s going on in the Fintech space. Keep up-to-date with news, valuations, mergers, funding, and events. Sign up today!