The Berlin crypto company IOTA and the digital custody provider Curv are entering into a partnership.
IOTA is entering into a new partnership. Their new partner is Curv. Curv protects and store digital assets of institutions with its cloud wallet. Through the cooperation with Curv, every app or entity that uses Curv’s institutional custody network would have the opportunity to support the in-house IOTA token (MIOTA).
This includes exchanges, and decentralized financial products (DeFi) such as Celsius, Stakehound, Staked.Us and Genesis Trading.
Iota was enthusiastic about the new cooperation. IOTA mentioned on their blog:
We are very excited about the integration of IOTA into Curv and look forward to seeing how the IOTA token is absorbed into an entirely new ecosystem of financial services, exchanges and dApps.
The partnership with Curv is important for the Iota for two reasons. The Curve wallet offers better options for MIOTA large investors to safely store their asset under regulatory compliance, and legal requirements.
There are many products and services that require the use of a custody solution to support digital assets. Until now, MIOTA could not have been added to a number of partner platforms, as a custody solution, but now Minota can easily be accessible by large numbers of institutional investors.
Other than this partnership, IOTA recently announced a partnership with tech giants Dell and Intel. The joint project “Alvarium” aims to measure the trustworthiness of data in order to ensure error-free communication of smart contracts.
Read: 5 Altcoin News To Follow This Week. ETH-IOTA-FIL-POLS And LIT
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
-Advertisement-
